Proveedores

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What is the right supply chain for your product?

Companies nowadays are worried about their supply chain cause the costumer that go to an company and can’t get a product because of absence never come back, historically much of the technology and brainpower that have been implemented to improve supply chains weren’t enough to reach a vital point for the development in the company. Firms are using every tool in their power to give the company the option of get the full data of their product to give then a quick response for restocking of the product.

We have to know the full nature demand of our products because we will know how to manage the reposition and the manufacturing of it. Tools have to be improve because if we continue buying product that we will never sell is a complete waste resources.

We have to set up if our products are functional o innovative.

Functional products

Functional products are those are who satisfy basic needs such as food and gas. The good thing about these products is that they have long life cycles and their demand is predictable. Because of its stability, functional products attract many competitors seeking a share of the profits, has a low rate in profits because has a lot of substitute products are commonly sold in retail stores.

Many companies to avoid the low margins in sales make some innovation in the process of manufacturing adding cool stuffs making the product more attractive to the market.

Innovative products

Innovative products have short life cycles and is very difficult to forecast its products demand. The bad thing about innovation products it’s that they can make a company grow in millions or decline in billions. When the innovation is well done the company could get a higher rate of sales and profits, also it helps to get a good position in the market, and reach a competitive advantage important for the development of a company.

Due to mass customization, the unpredictability of...