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Efficient supply chains: Trade Interchange Report
How you can improve efficiency despite the increasing complexity of global supply chains.
- Nearly half (48%) of supply chain employees’ time is taken up assessing supplier and contractual risk.
- 21% of respondents to the Trade Interchange survey spend between two and three days a week chasing suppliers for information.
- 77% of respondents said that they would have more time to concentrate on more interesting work if supplier data inputting could be automated.
Trade Interchange surveyed managers, heads of departments, and above, working in the UK food and drink manufacturing industry about the most time-consuming tasks for employees in procurement, technical, quality, supply chain, legal and finance departments around supply chain management.
The report examines which areas companies in the food and beverage sector lose the most time to, and how automation can improve operations for an efficient supply chain, freeing-up more time to focus on more valuable and interesting duties.