The purchase of goods in the organization has a high impact on both the maintenance of the operation and the growth of the company based on the requirement of materials and equipment for projects under development.
It is an essential part of our supply function to have the necessary goods at the required time, which is ultimately what defines the success or failure of our management.
This is because it has a direct impact on the supply chain and therefore its correct operation generates high exposure and visibility for the company.
Why is expediting important for a company?
Good practices are critical to the success of the delivery of goods by moving to a proactive approach to traceability in the logistics chain The main focus was to attack delays and bottlenecks already present, generating inefficiencies and cost overruns when trying to remedy these situations.
Expediting allows us not only to minimize quality risks through strict follow-up and attention to manufacturing milestones (such as materials used) and equipment testing, mainly in projects, but also as a predominant aspect the tendency to "always" achieve on-time delivery of goods and materials on the required dates. This is achieved through constant monitoring of delivery logistics, where not only the supplier and the buyer are the predominant figures, but also those actors in the logistics chain.
Expediting components
The main components of Expediting are based on production and test milestone tracking, quality control, packaging and shipping, import and nationalization logistics, quality and usage support documents, deliveries and warehouse receipts, and after-sales service.
The above always complemented with the result of the OTIF indicator "On Time In Full". which measures the percentage of deliveries that arrive on time, with the product and quantity requested, and at the place indicated by the buyer, which in turn provides feedback on the supplier's performance as a fundamental aspect for action plans and invitations to future purchasing processes.
Having a clear and online system that allows the tracking and measurement of the entire manufacturing and delivery process is nowadays becoming necessary and the right hand of companies with the trend towards an increasingly demanding excellence in our supply area.