Get tips and advice on transforming your supply chain to build a profitable fast growing business.
If you're constantly rushing to send urgent supplier orders, you're not alone. It's stressful and often a sign of deeper issues within your business. While it might feel like a necessary part of running your operations, relying on urgent orders isn't the most efficient or sustainable approach. So, why does this keep happening, and what can you do about it?
Long lead times are a reality for fast-growing brands. They’re frustrating, sure, but they’re also unavoidable when scaling operations or dealing with global supply chains. The question isn’t whether you’ll face them—it’s how you’ll manage them.
Here’s a practical guide to help you stay in control when lead times stretch out:
Batch production is a manufacturing process where goods are produced in groups or batches, rather than individually. This approach is commonly used when producing large quantities of a product that share similar characteristics. For growing brands, optimizing batch production is a crucial step towards improving operational efficiency and controlling costs.
For growing brands, managing shipping costs is essential for maintaining healthy profit margins. One of the most critical components of shipping costs is landed costs, which include the total cost of getting a product from the supplier to your business. This includes the purchase price, shipping fees, customs duties, and other related expenses. Without tracking these costs, businesses might overlook key expenses that impact their profitability. An operations management system (OMS) is a simple but powerful tool to help businesses stay on top of these costs and make more informed decisions.
