SOAR is a Fast Track Tool that serves as a catalyst for improved results. The SOAR involves a deep dive into your annual direct material spend and inventory. Supply Chain business practices will also be reviewed. Report of our findings will be compiled in a written report. The SOAR will enable the Customer and SCR to pin point potential opportunities quickly such as:
With the SOAR as a reference document, SCR will develop a Project plan to quickly and efficiently explore and take action on opportunities to improve Gross Margin.
Key activities:
The Fastest way to improve cash flow internally is through establishing a cross-functional, Focused Inventory Reduction Project. SCR will Oversee this project and help to create an environment to accelerate your inventory turns to spins.
The key here is to balance speed with material availability.
The first hurdle will be to increase your inventory accuracy to a minimum of 95%.
Think of Suppliers as an extension of your resources. A chain is only as strong as the weakest link. Therefore, a company can only be as good as their weakest link.
Supplier communication is the key to driving Supplier performance.
The project team would focus on improvement in 3 areas initially:
These criteria would be captured and reported back to the supplier monthly
Think of SCR as an extension of your resources. Call on us when you have a supply issue or opportunity that you need "Done Right, Done Now" because that's what we do. Perfect solution of situations like: