Why are Supply Chains getting more complex?
The supply chain is more complicated and difficult to handle. This is because we need to connect all activities and stakeholders to complete the loop.
The vendors, manufacturers, warehouses, logistics providers, and retailers are usually spread across multiple countries.
Each participant in the network follows different operational processes to meet customer requirements, comply with local regulations, and manage unexpected risks.
Factors such as varied product types and their fluctuating demands add to this complexity. Market disruptions are another important factor that influences the SCM.
At Velan, our team understands these issues and optimizes our strategies and processes to deliver the best outsourced supply chain management support.
How our team simplifies Supply Chain and Logistics Management?
Procurement Support Services
Identify Supplier
Our team finds out the best supplier of goods or services by evaluating their capability, price, and delivery time.
Float RFQ
Ask suppliers for the price quotes at the best rate. Compare the quotations for price and other factors.
Negotiation of Price
Our supply chain specialists competently bargain with the filtered suppliers to get the best price possible for the deals.
Purchase Requisition
PO generation and transmission to the suppliers for procurement. Also, follow up for updates.
Vendor Relationship Management
We interact with suppliers regularly to avoid any miscommunications and effectively handle issues that come up.
Release PO
We carefully check the contracts and their dispositions before releasing purchase orders. Ensure timely and accurate processing.
Process Payment
We authorize supplier payments for received goods and services after a thorough review and verification.
Maintain records for audit
We keep documentation of all supply chain activities for accountability and regulatory compliance. Records help improve our processes.
Inventory Management Services
Cycle stock
Keep adequate stock to meet typical and predictable customer demands. We also ensure there is no gap for a shortage or a large surplus quantity of the goods.
Safety stock
We ensure a buffer stock/extra inventory to prevent stock runouts caused by unexpected demand surges or supply chain delays.
Pipeline inventory
Keep tracking inventory in transit for a full supply chain view and manage cash flow. We also ensure products arrive at the destination on time.
Pre-build inventory
Stock goods for seasonal spikes or during promotion campaigns to fulfill increased customer demands. Ensures no sales are lost.
Inventory Reporting
Generate reports regularly on the balance sheet of the stocks, stock turnovers, and the age of the inventory.
Warehouse Management
Coordinating with the stock-keeping unit team for proper handling, storage, and transfer of inventory.
Cycle Counting
Taking a count of inventories at regular intervals. This minimizes the chances of discrepancies in the stock records.
Aims
Assessing storage space and suggesting revision in capacity, and proposing changes in organizing stocks for better warehouse utilization.
Order Management Services
Order validation
Credit management
We help you set payment terms and conditions and grant credits to your customers. Check whether they pay their bills on time.
Product specification
Create detailed product specs to maintain complete documentation on various parameters such as quality and standardization.
Customer discounts
Verify whether the agreed discounts and other offers/benefits are applied in the invoice, and the final price is accurate.
Shipment rules
We help to set shipment rules and check whether all verifications are satisfied while dispatching.
Order fulfillment
Returns management
Hassle-free and cost-efficient returns are ensured for customer satisfaction and minimize loss.
Dispute resolution
Handling issues like delayed deliveries, payment issues, and other discrepancies in the order delivery.
Customer satisfaction reports
Customer surveys, reviews, and analysis of complaint trends to optimize supply chain activities and product quality.
Financial reporting
Reporting with detailed ROI and margin calculation. Helps track performance, control costs, and other expenses.
Logistics Management
Freight Management
Identifying carriers and managing the freight scheduling, carrier booking, and charting of delivery.
Planning route
We determine the most economical and efficient shipping channel for the goods transportation.
Transportation Control
We continuously track the delivery of the products to avoid delays and have ready solutions in case of shipment issues.
Customs Procedures
Preparing import/export documents in full compliance with customs regulations to avoid any violations.
Transportation Management
We work to make transportation smoother and more efficient so shipments can reach their destination faster and on time.
Carrier Negotiation
We communicate with the shipping providers for a better deal on freight charges.
Auditing Reports
Analyze throughput for the effectiveness of the warehouse and freight management.
Invoice generation
Create accurate and error-free invoices/bills, clearly outlining the payment terms.
Supply Chain Data Management
Reporting
We generate weekly/monthly reporting for a broader view of supply chain performance and evaluate the success of major initiatives.
Ad hoc reports
Reports on one-time, non-recurring purchases in unforeseen scenarios. Helps to set budget thresholds and establish clear policies.
KPI Monitoring
Tracking key metrics such as on-time delivery rates, inventory turnover, and cost per product.
Risk Analysis
Identifying potential risks that could disrupt processes and recommending proactive solutions to mitigate them.
Understanding Performance
Leveraging analytics tools to provide effective recommendations for improving supply chain productivity.
Supply Chain Cost Control
Spotting unnecessary expenses and optimizing costs across the supply chain.
Business Process Improvement
Assessing processes that need better alignment and enhancing them using industry best practices.
Other supply chain analytics
Analytics on-demand forecasting, route/network analysis, supply variability, usage variance analysis, carrier sourcing analytics, and freight analytics.
Demand Planning & Forecasting
Data Gathering, Forecasting
We take regular sales data collection, monitor market changes, and revisit previous estimates based on experience and market influences.
Team functioning, SOP
Work cohesively with sales, marketing, and Ops teams. We blend supply chain strategies with business goals for accurate sales operations planning.
Competitive Analysis
Tracking external factors that can affect market demand and adjusting expectations based on those changes.
Customer Demand Insights
We understand how customers buy and use that data to manage inventory more effectively.
Administrative Support
Business and document management
Organizing supplier and customer records, as well as the shipping details. Regularly filing contracts, invoices, and other legal documents properly.
Expense Management
Recording and analyzing back-office SCM support expenses. We optimize budgets and strengthen financial decisions.
Supply Chain Assistance in Procurement
Managing records, compliance matters, and vendor relations to facilitate procurement procedures.
Sales, Supplier Management
Keeping track of sales and purchase orders to avoid mistakes or delays, and staying in clear communication with suppliers about requirements and expectations.
Stay Focuzed on Your Goals. Outsource the SCM Support Team from Velan Now on a Flexible Price.
Benefits of Outsourcing Supply Chain Management Services
Companies will gain more benefits by Outsourcing SCM Support to an experienced partner.
Cut Costs
Reduce expenses by 70% on salaries, insurance benefits, and other HR overheads. Optimized resources, improved productivity.
Domain Expertise
Relevant skills and deep understanding of various business domains and supply chain activities.
Building Trust
Responsive interactions and timely updates foster the best client-provider relationships and promote loyalty.
Business Continuity
By working in a remote environment, the outsourced team can serve clients across different time zones.
Tools, Platforms & Technologies
With a premium set of AI-powered tools and technologies, we deliver efficient and results-oriented services.
What are the Benefits of Velan’s Supply Chain Management Services?
No Fragmented Chain, No Cost of Delays, No Process Gaps
Velan is one of the leading providers of supply chain management services to clients in the USA, the UK, and other countries worldwide. Our dedicated team is knowledgeable in international trading and helps keep your supply chain agile and resilient.
-
Satisfaction record
We maintain a portfolio of 100% satisfied clients. We retain every client through consistent service quality.
-
Customized Hiring
Engage our team on an hourly, monthly, or yearly basis as per your business needs and budget.
-
ISO Certified
We are recipients of ISO 9001, ISO 27001, and SOC 2 certifications for quality process and data security.
-
Global Model
Expertise in international supply chains and delivering efficient and compliant services across geographies.
Searching for a Reliable and Efficient Supply Chain Management Team? Let us Help you.
Who should Outsource Supply Chain Management Services?
-
Retail & E-Commerce
-
Consumer Products
-
Education
-
Energy & Utilities
-
Manufacturing
-
Healthcare & Pharmaceuticals
-
Mining & Infrastructure
How does our End-to-End SCM Support Process Work?
Consultation & Analysis
Our specialist team talks with you to understand your products, processes, challenges, and business objectives.
Onboarding & Process Implementation
We assign a dedicated team with relevant skills and industry knowledge and execute our strategies and processes.
Client Communication & Support
We update the clients on the current status of the product transit. Also, respond to various communications, including queries and quotes.
Reporting, Review
We share regular updates and reports for the clients and collect their feedback to improve our workflow.
Process Optimization
We continuously learn and adapt to market demands and optimize our processes for a better output.
Testimonials
What Our Clients Say About Us?
Loyalty built on trust: Over a decade of exceeding expectations has earned us clients who stay with Velan. They know our commitment to quality and innovation keeps them ahead. Our commitment is reflected in the services and products we have delivered. Our clients' trust in us is the only reason we are able to deliver nothing but the best. We aim for a collaborative relationship that fosters reliability and results. Here is what our clients have to say about our teams.
Resources
We share our knowledge through our insightful blogs and our unique approaches to your problems in our case studies. Our blogs are not only informative but also highly inspiring.
FAQs
Before outsourcing your supply chain management to an external service provider, you need to consider:
- The reputation of the company
- Track record of customer satisfaction
- Whether they offer a competitive price
- Their service quality throughout the entire distribution chain life cycle.
Velan offers international-quality service to our clients and has earned a reputation as the best outsourced supply chain management company.
Of course not. Outsourcing the SCM activities to an external provider like Velan does not take control out of your hands. Instead, it offers complete visibility and tracking of the entire distribution chain through reports, analytics, and other performance indicators. You hold full control to take the final decision.
There is no fixed price strategy for our services. We offer fully customized solutions, and the price depends on different factors:
- Project objective The overall goals of the assignment
- Transaction Volume The amount of the workload to be handled
- Team Size Number of employees involved
- Technology AI supply chain management tools and other third-party API integrations
- Services Types of services needed.
Velan serves many important sectors with our global quality solutions. Our supply chain experts offer the best customized services for your business at competitive rates. We offer flexible engagement models—hourly/monthly/yearly—for hiring our team.
Contact our 24/7 support team to get the issue sorted out. Our inventory management team takes quick action when there is a discrepancy or issue. We communicate with the concerned stakeholders to solve the issue as soon as possible and update you in real time.
- We identify potential risks and assess their impact.
- Develop mitigation strategies to eliminate vulnerabilities.
- We continuously monitor supplier performance and other risk indicators to build a resilient supply chain.
Still Have Questions on Supply Chain Management Services? Let Velan Assist You
Credentials
