In today’s age of uncertainty, with many economic challenges ahead, the need to reduce costs across all aspects of business is higher than ever. As the world continues to suffer the consequences of the sharp economic decline from the early 2000s, concerns remain that input costs, notably raw materials, are on the rise; reinforcing the search for areas of cost reduction.

Content]-Supplier[5]

In the past the most obvious solution for cost reduction would lead businesses to look internally.

However, many businesses have failed to recognise the significant layer of cost that lies in the supply chain.

As businesses continue to advance their operations overseas via manufacturing and sourcing materials; controlling costs remains a top priority. Businesses involved in international trade tend to be affected by hefty logistic costs and uncertainties; oil price fluctuations, high transportation fees, increasingly complex trade laws and security measures, amongst other issues which continue to threaten the order of the supply chain resulting in higher costs for all businesses involved. Businesses need to reconfigure supply chains to encompass these issues, disruptions and fluctuations; building resiliency into supply chains as a priority. It is necessary for businesses to examine their current operating models to develop strategies that create stable and efficient supply chains that are able to respond quickly in the event of disruption, in order to reduce longterm costs without imposing on client satisfaction.

Designed to draw on the combined skills, knowledge and expertise of the supply chain and logistics community; the Total Supply Chain helps businesses improve their supply chain visibility to provide consumers with what they want, when they want by building a platform to encourage industry insiders and delegates to discuss issues in constructive ways.

Offering invaluable insight to senior supply chain professionals; the Total Supply Chain Summit provides unparalleled industry access to the latest products and services to help businesses enhance their supply chain strategies. Maximising productivity with face-to-face meetings; the Total Supply Chain Summit uses a unique matchmaking formula to bring delegates and the most innovative product and service providers together.

Featuring a comprehensive seminar programme, this year’s Summit will be welcoming prominent industry influencers, including speakers from Olivehorse Consulting Services, Worldwide Chain Stores Ltd, OpenMarket, My Source, The Chartered Institute of Logistics and Transport and many more, to provide an update on policy and share best practice strategies on all facets of supply chain and logistics management.

Welcoming senior representatives from some of the biggest household names including Dixons Carphone, KPMG, Marks and Spencer, Primark, Starbucks, Unilever and many more; the Total Security Summit is an incomparable platform to learn from the experts on how to encompass the latest trends and innovations into supply chain and logistics management strategies.

Returning for its 19th year, the Total Supply Chain Summit is a day of ideas, inspirations, tools and tactics to help businesses transform their supply chain and logistic strategies by reaching clients faster with improved supply chain visibility without increasing long-term costs.

Featuring keynote speakers, leading brands and the biggest brains in the industry, the Total Supply chain Summit is the ideal place for industry professionals to get their fix on the latest trends, updates and innovations in the dynamic world of supply chain and logistics.

The annual Total Supply Chain Summit will take place on May 23rd & 24th 2016 at Wokefield Park, Reading. Attendance to the event is exclusively limited to senior supply chain and logistic professionals and product and service providers in the industry, to secure your place at the event please visit:

www.forumevents.co.uk

Comments are closed.