Whether it’s out of choice in a bid to work progressively smarter, or it has been unavoidable due to the mounting economic pressures of recent times, a number of organisations large and small have thrown the rule book out the window when it comes to running their business.
They’ve investigated – and in many cases completely overhauled – virtually every area of their operations, to reduce waste, increase efficiencies, boost productivity, strengthen morale, improve their customer service, and enhance their bottom line.
Multiple blue-chip companies – including enterprises within our own customer base with the help of OfficeTeam – have conducted such analysis at scale, mindful that ‘the way things have always been done’ shouldn’t necessarily represent how things work from this point forward.
And many savvy SMEs have mirrored this trend. At the same time, however, there are other small to medium sized businesses that may envy the ability to work through such an exercise, constrained perhaps by teams which don’t have the resource to undertake the research required.
So, when it comes to managing a supply chain, how can an SME think like a blue-chip procurement team?
Here are 5 tips from OT Group’s CEO, Andrew Jones, to get you started: