Get Tability: OKRs that don't suck | Learn more →

3 strategies and tactics for Supply Chain Management

What is Supply Chain Management strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Identifying the optimal Supply Chain Management strategy can be challenging, especially when everyday tasks consume your time. To help you, we've assembled a list of examples to ignite your creativity.

Copy these examples into your preferred app, or you can also use Tability to keep yourself accountable.

How to write your own Supply Chain Management strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Supply Chain Management strategy examples

You'll find below a list of Supply Chain Management tactics. We also included action items for each template to make it more practical and useful.

Strategies and tactics for incorporating Seasonality of Demand or Bad Weather

  • ⛳️ Strategy 1: Analyse historical data

    • Collect sales and demand data for the past 5 years
    • Identify peak and off-peak seasons from the data
    • Analyse the impact of different weather conditions on sales
    • Identify weather patterns that significantly affect demand
    • Create visual representations of data (graphs, charts)
    • Consult with industry experts on trends
    • Correlate the data with revenue trends
    • Determine if there are recurring patterns
    • Identify anomalies and understand their causes
    • Summarise findings and present to stakeholders

  • ⛳️ Strategy 2: Adjust inventory and staffing levels

    • Forecast demand based on historical data analysis
    • Develop a flexible staffing plan for peak and off-peak seasons
    • Develop an inventory management system adaptable to demand changes
    • Maintain a buffer stock for unexpected weather impacts
    • Negotiate contracts with suppliers for flexible delivery schedules
    • Implement a real-time inventory tracking system
    • Conduct regular training for staff on demand management
    • Schedule periodic meetings to review forecasting accuracy
    • Adjust marketing and promotional offers based on seasonality
    • Evaluate the efficiency of adjustments and optimise as needed

  • ⛳️ Strategy 3: Diversify product and service offerings

    • Identify products and services that are less affected by seasonality
    • Develop complementary products for off-peak seasons
    • Launch seasonal products or services to capture demand spikes
    • Collaborate with marketing to promote season-specific offerings
    • Evaluate customer feedback to refine product or service mix
    • Experiment with limited-time offers during low seasons
    • Invest in R&D to innovate weather-resilient products
    • Diversify supply chain sources to ensure reliability
    • Offer bundled deals including both peak and off-peak products
    • Monitor the performance of diversified offerings and adjust strategy
seasonalitydemand-managementdata-analystsupply-chain-managerinventory-managementmarketing
Implement these strategies

Strategies and tactics for establishing a functional commodity tracking committee

  • ⛳️ Strategy 1: Set up the committee

    • Identify and recruit key stakeholders from relevant departments for the committee
    • Define the roles and responsibilities of each committee member
    • Schedule regular meetings to discuss progress and challenges
    • Establish a communication plan for committee members
    • Develop a terms of reference document for the committee
    • Set up a shared digital workspace for document and information sharing
    • Determine a process for monitoring and evaluating committee's effectiveness
    • Agree on decision-making processes within the committee
    • Identify training needs for committee members
    • Create a calendar of reporting deadlines for the committee

  • ⛳️ Strategy 2: Enhance commodity tracking processes

    • Conduct an audit of current commodity tracking processes
    • Identify gaps and areas for improvement in existing systems
    • Select and implement a robust commodity tracking software
    • Train committee members on using the software efficiently
    • Establish key performance indicators for tracking commodity status
    • Ensure real-time updating of commodity data to the system
    • Define protocols for data verification and validation
    • Implement a system for regular inventory checks
    • Create an alerts system for low-stock or critical needs
    • Develop a feedback mechanism to identify process improvements

  • ⛳️ Strategy 3: Develop reporting and intervention procedures

    • Create a standardised reporting format for the committee
    • Set protocols for identifying and prioritising commodity needs
    • Define criteria for RHD intervention necessity
    • Develop a rapid response plan for urgent needs
    • Coordinate with FHS officers to agree on intervention roles
    • Establish timelines for reporting and response actions
    • Ensure all reports are logged and tracked for accountability
    • Organise training for team members on reporting protocols
    • Implement a system for evaluating the effectiveness of interventions
    • Organise post-intervention reviews and apply lessons learned
commodity-trackingintervention-procedurescommittee-memberfhs-officersupply-chain-managementhealthcare-operations
Implement these strategies

Strategies and tactics for reviewing and Preparing A Strategic Plan

  • ⛳️ Strategy 1: Ensure financial sustainability

    • Conduct a thorough financial audit to understand the current financial position
    • Identify key revenue streams and develop strategies to enhance them
    • Establish an emergency fund to safeguard against unforeseen financial challenges
    • Create a budget that includes a focus on reducing costs in areas with minimal impact on quality
    • Negotiate with suppliers for better pricing on raw materials
    • Explore avenues for expanding market reach both domestically and internationally
    • Invest in training programmes for the sales team to improve sales performance
    • Analyse customer data to better understand preferences and optimize product offerings
    • Monitor financial KPIs regularly to ensure alignment with sustainability goals
    • Seek potential partnerships with complementary brands to enhance revenue

  • ⛳️ Strategy 2: Leverage technology as an enabler

    • Implement a robust ERP system to streamline supply chain and inventory management
    • Invest in advanced processing machinery to increase production efficiency
    • Utilise data analytics tools for better market and consumer insights
    • Adopt cloud-based solutions for secure and efficient data management
    • Drive e-commerce growth by enhancing the online store interface and user experience
    • Implement a mobile app for easy customer access to product information and orders
    • Automate repetitive tasks to allow employees to focus on high-value activities
    • Stay up-to-date with digital marketing trends to enhance online presence
    • Train staff on new technologies to maximise utilisation and minimise downtime
    • Collaborate with tech partners to identify innovative solutions for product tracking

  • ⛳️ Strategy 3: Enhance operational efficiency

    • Conduct a comprehensive review of current processes to identify bottlenecks
    • Implement lean manufacturing principles to reduce waste and improve efficiency
    • Standardise operating procedures across all departments
    • Invest in employee training programs focusing on operational improvement
    • Regularly review supplier relationships to ensure timely delivery of quality raw materials
    • Establish a cross-functional team to improve communication and streamline operations
    • Implement real-time tracking for inventory and deliveries
    • Create a continuous improvement culture with regular feedback loops
    • Set measurable targets for production efficiency and monitor progress
    • Ensure compliance with all industry regulations to avoid operational disruptions

  • ⛳️ Strategy 4: Strengthen stakeholder management

    • Map all key stakeholders and develop tailored engagement plans
    • Use regular surveys and feedback mechanisms to gauge stakeholder needs and satisfaction
    • Organise quarterly meetings with key suppliers to maintain strong relationships
    • Develop a corporate social responsibility plan to enhance community engagement
    • Communicate transparently about business changes and developments with stakeholders
    • Build a loyalty program for customers to enhance retention
    • Engage with industry associations for broader influence and insight
    • Regularly update shareholders with performance briefings and future plans
    • Create partnership opportunities with local farms for sustainable raw material supply
    • Establish a stakeholder advisory board to drive engagement and provide strategic input
financial-sustainabilitytechnology-integrationfinancial-analystsupply-chain-managersales-teamit-department
Implement these strategies

How to track your Supply Chain Management strategies and tactics

Having a plan is one thing, sticking to it is another.

Having a good strategy is only half the effort. You'll increase significantly your chances of success if you commit to a weekly check-in process.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

Table of contents
Copyright © 2024 Tability