A supply chain consultant in Mumbai or elsewhere will be an expert in managing vendors and inventory. This is especially good for the smaller and medium sized businesses because they usually keep their inventory away from the physical location of their main office. These places of storage may be on rent. This is the reason that they require a supply chain manager. However, hiring full time resources for supply chain management is not at all cost effective and this is the reason that it is best to outsource this task. Let us look at what a supply chain management company does for you.

Who are the consultants?

Most of the supply chain management consultants have experience in management of several vendors. They also deal with the management of freights and the cost for shipment. They are also responsible for procurement and sometimes price negotiation. A lot of these companies are members of recognized organizations and are certified. The consultants also have proper qualification like graduation or post-graduation in engineering, mathematics etc. They also continuously upgrade their knowledge of logistics and supply chain management regularly.

What the consultants can do for you

The most important task that a business consultant in Mumbai specializing in supply chain management can do is to assess the cost of your inventory and reduce it substantially. This can be in different ways from reducing the range of vendors and increasing the purchase volumes. This can help your company to take advantage of the reduction of price and shipping costs. Lot of these consultants are experts in vendor consolidation and this is invaluable to your organization.

These are the major things that a supply chain consultant can do for your especially in a large city like Mumbai where the distances are large and the price of rental property for storing your inventory is also high.