Outsourced Supply Chain Management Services

While globalization has thrown open wider opportunities across geographies for businesses, it calls for smarter global supply chain models to reap the maximum benefits. It is critical that supply chain data is managed effectively to have the competitive edge and also seamlessly manage the global network of stakeholders. At Velan, with our supply chain management services we help our clients by improving the service levels with planning & forecasting, sourcing & procurement and logistics management. Velan offers a comprehensive range of supply chain services, including:

Procurement Support Services
Inventory / Warehouse Management
Order Management
Logistics Management
Supply Chain Data Management

Supply Chain Service Offerings

Procurement Support Services

Our clients have the options to choose from a variety of flexible procurement outsourcing choices that Velan can tailor to their individual requirements. We deliver more value for the money by offering point solutions like category management, strategic sourcing, and procurement operations in addition to end-to-end procurement outsourcing. Procurement is the set of processes implemented to obtain an organization's goods and services. Procurement is, therefore, the broader term that includes all actions before the issue of the purchase order.

Our buyer team has extensive experience in Research and Analytics that allows them to focus on negotiating better deals, collaborating with business stakeholders and managing key supplier relationships. The level of support can vary based on clients' needs. We offer the following procurement services: Depending upon its size, industry and organizational structure, every business will have its own procurement process. However, the general steps in the procurement process include: Procurement Planning, Purchase Requisition or Indenting, Identify Suppliers, Float the RFQ, Appraise the Quotes, Negotiate and Sign the Agreement, Release Purchase Order (PO), Invoice Approval and Process Payment, Maintain Records for Audit

Inventory Management services

Our experts help you plan your inventory better so that you have the right inventory, at the right time, at the right location. Velan team can assist you to optimize and manage all the components of your inventory operations, including cycle stock, safety stock, pipeline and pre-build inventory to drive more efficiency across the value chain. Our inventory management services include: Inventory Planning, Replenishment Services, MRO Inventory Planning

Order Management

Order Management requires collaboration with an extensive number of processes and stakeholders, external as well as internal. Our offering covers: Order processing, Order validation (e.g. credit management, product specification, customer discounts and shipment rules), Order fulfillment (returns management, dispute resolution, complaints handling and customer satisfaction reports), Financial reporting including ROI and margin calculation.

Logistics Management

We help you throughout the logistics cycle — right from planning the freight route, selecting the right carrier, scheduling and tendering the shipments to controlling quality, ensuring compliance with regulations, auditing reports and generating invoices. Our logistics services include: Co-ordination with logistics provider, Transport scheduling/mgmt.

Supply Chain Data Management

Velan offers comprehensive supply chain data management solutions to enable effective decision making and drive value across the supply chain life cycle. Product, vendor, catalog, contract or logistics data. Our data management services include: Reporting - Weekly/monthly reporting, Ad-hoc reports. Supply chain analytics - Demand forecasting, Route/network analysis, Supply variability, Usage variance analysis, Carrier sourcing analytics, Freight analytics