WBSRocks: Business Growth with ERP and Digital Transformation

WBSP302: Grow Your Business by Learning Integrated Supply Chain Strategies w/ Phil Kramer

April 25, 2022 Sam Gupta Episode 302
WBSRocks: Business Growth with ERP and Digital Transformation
WBSP302: Grow Your Business by Learning Integrated Supply Chain Strategies w/ Phil Kramer
Show Notes

Supply chain is hard to define as it's very cross-functional in nature. It starts with receiving goods from vendors at your dock. And then it finishes with how you ship your shipments to your carrier. While these two touchpoints may be completely isolated, looking at your supply chain in an integrated fashion could provide significant cost savings and streamline your processes. But it's easier said than done as multiple departments are involved in the process. And it's very hard to execute on the integrated supply chain strategies unlesss you have executive alignment from the top.

In today's episode, our guest, Phil Kramer, shares his insights into integrated supply chain planning and why companies need to have an integrated strategy for their supply chain. He also describes key TMS processes such as bidding for the freight rates and why companies need to have a process for auditing their freight invoices. Finally, he discusses several stories where the integrated supply chain strategies such as utilizing pre-paid freight with vendors or analyzing all your spend across parcel vs. LTL resulted in significant cost savings for his clients.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.