oboloo Glossary

Supply Chain Analysis

oboloo Glossary

Supply Chain Analysis

Supply chain analysis is the process of examining and evaluating all of the components that make up a company’s complex system of supply and demand. It involves analysing the entire lifecycle of a product or service, from its creation to delivery, in order to identify structural weaknesses, inefficiencies, and opportunities for improvement. By understanding how products and services are created, distributed, and used, businesses can streamline their operations, reduce costs, and increase profits. By assessing factors such as the quality of raw materials, number of suppliers, production methods, transit times, and customer satisfaction scores, companies can make informed decisions about how to optimise their entire supply chain. With a thorough examination of a company’s supply chain, businesses can ensure that every step of their operations works smoothly and efficiently – and reap the rewards accordingly.