AWT’s supply chain management encompasses planning, sourcing, manufacturing, logistics, inventory management, distribution, and using the latest technology to optimize efficiency. We believe a well-managed supply chain means cost savings, improved customer satisfaction, and an AWT competitive advantage.
Effectively managing inventory is crucial for balancing the need to meet our customer’s demand while minimizing holding costs. Accurate forecasting, real-time visibility, and collaboration with our suppliers are essential components of Successful Management Inventory (SMI). Using cutting-edge technology enhances efficiency and streamlines our processes in the supply chain to meet or exceed our customer’s requirements.
When the goal is to streamline operations and achieve cost reduction, simplified procurement, improved quality control, enhanced collaboration, and better risk mitigation, AWT delivers. Our approach offers advantages such as efficiency and stronger relationships, while managing challenges like reduced supplier competition and dependency. Our supplier consolidation approach balances the number of suppliers we work with while increasing the volume of supplies purchased.
AWT’s forecast management relies on data analysis, collaboration, and the use of advanced technologies. Our forecast management includes demand forecasting, scenario planning, continuous monitoring and adjustment, and consideration of lead times in the supply chain. Our goal is to optimize production, inventory, and distribution processes, leading to improved operational efficiency, reduced stockouts, and enhanced customer satisfaction. AWT’s dynamic process requires ongoing analysis and adaptation to an ever-changing marketplace.
AWT’s Electronic Data Interchange (EDI) uses a computerized method to exchange standardized documents and information electronically. It enables the automated and structured exchange of common business documents, such as purchase orders and invoices, between our trading partners. Key benefits include standardization, automation, cost savings, improved accuracy, faster transactions, enhanced visibility into the supply chain, and global connectivity. Widely used across industries, AWT’s EDI is important to our customers because it streamlines business processes, reduces manual errors, and enhances the efficiency of supply chain operations.