{"id":6015,"date":"2017-08-08T07:22:52","date_gmt":"2017-08-08T14:22:52","guid":{"rendered":"https:\/\/blog-prod.qad.com\/blog\/?p=6015"},"modified":"2022-02-23T15:36:53","modified_gmt":"2022-02-23T23:36:53","slug":"managing-supply-chain-difficult-times","status":"publish","type":"post","link":"https:\/\/www.qad.com\/blog\/2017\/08\/managing-supply-chain-difficult-times","title":{"rendered":"Managing the Supply Chain in Difficult Economic Times"},"content":{"rendered":"

[vc_row][vc_column][vc_single_image image=”6016″ img_size=”full”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Even in the best of economic times, managing the supply chain can be incredibly difficult. Sure, it\u2019s great when your business has more orders than it knows what to do with, but at the same time you\u2019ve got to deal with capacity issues and meeting shipping requirements. At least with those challenges you can fall back on the fact that business is booming and that it\u2019s worth all the work. <\/span><\/p>\n

Profit is the Main Concern During a Bad Economy<\/span><\/h2>\n

In tough economic times, it\u2019s actually the same story. Same issues as when the economy is booming, but reversed. Less orders, too much inventory and low production are just as difficult to manage, but you have the uncertain future of profitability on your mind. When it comes down to it, that\u2019s the main reason most people own businesses and work for those businesses: profit. If profit is in question, then all hands have to be on deck to come up with a solution. What can be done?<\/span><\/p>\n

Stephen Dombroski, Senior Marketing Manager at QAD, recently wrote the article\u00a0<\/span>The Key to Managing the Supply Chain in Challenging Economic Times<\/span><\/i><\/a> for\u00a0<\/span>Supply Chain Dive<\/span><\/i><\/a>, where he explains the importance of focusing on planning and scheduling processes in order to avoid disruption. An organized plan of attack is necessary, and by focusing on processes you can be sure to have departmental coordination with everyone in the organization on the same page. We all know that things tend run smoother when everyone is \u201cin the know\u201d versus a siloed in a fragmented approach.<\/span><\/p>\n

Planning and Scheduling is Key While Managing the Supply Chain<\/span><\/h2>\n

So where do you start to focus on these processes? It\u2019s important to take a step back and investigate how your business is currently running. Stephen provides some tips to do so:<\/span><\/p>\n