Build a smarter, safer, supply chain with the latest technology
Run your supply chain with clarity and confidence
If you hire suppliers, contractors, or vendors, Avetta is where you manage your network of supply chain relationships.
Once you set your qualification criteria, our specialists work directly with your Suppliers to get them qualified – and keep them that way.
And when you need to find someone new, over 125,000 Avetta Supplier members are only a search away.
Prove your quality
Grow your network
Avetta qualification proves to potential clients – including many global enterprise companies – that your business is up to their exacting requirements.
In addition to building visibility and trust, you’ll be able to access discounts through Avetta Marketplace, on insurance, PPE, and more.
Frequently Asked Questions For Supply Chain Management
What Are the Two Types of Supply Chains?
The two types of supply chains are:
- Reactive supply chains, which are risky, because:
- Statistical modeling to plan for future demand is not used.
- Uncertain demand calls for reserve inventory, which ties up capital.
- Any operational, delivery, or customer service improvements are based on estimates or imitations of competitors.
- Changes are frequent and unexpected, causing rapid and disruptive responses.
These unnecessary results happen because reactive supply chains only respond to events that are happening currently, rather than proactively working to eliminate efforts and costs of potential events in the future.
- Data-Driven supply chains, which often see positive results, like:
- An improvement in accurate forecasts
- A reduction of safety stock requirements
- Best-in-class operations and efficiencies
- Better outbound logistics and on-time deliveries
- Data analytics that allow for smooth and predictive adaptation to changes
- A Higher EBIT margin (profits)
These benefits are due to a data-driven supply chain that collects, collates, and analyzes data to minimize complexity, maximize agility, eliminate waste, and deliver driving results, producing a competitive advantage.
What Are Supply Networks?
Supply chain networks are complex, cross-linked structures of both upstream and downstream organizational supply chains that involve the flow of both material and information. In other words, supply networks are a web of linking individual supply chains.
What Is the Difference Between a Supply Chain and a Supply Network?
A supply chain is a simple, sequential set of links. There are generally three links in a supply chain:
- Flow of raw materials from all upstream suppliers
- Transformation of raw materials into finished products
- Distribution of products to all downstream customers
A supply network is a linked web of all participating supply chains, both upstream and downstream organizations, that are involved in the flow of both material and information.
Supply chain networks present specific challenges for meeting consumer demands. Some of these challenges are to figure out the best, most cost-effective way of doing these three things:
- Evaluating the functionality and influence of technologies
- Supporting and managing change for increasing value
- Making decisions based on a dynamic configuration
What Is a Supply Chain Management Network?
A supply chain management network is the design and support of the infrastructure and structural layout of a supply chain. It entails deciding on and implementing the number, location, and size of plants and warehouses. Details of each must be considered for the producer, distributor, and merchant of the product.
Management of a supply chain network covers the full spectrum of movement and storage of raw materials, work-in-process inventories, and finished goods from origin to consumption. This must all be done as efficiently and cost-effectively as possible.
What Are the Objectives of Supply Chain Management?
The objective of supply chain management is, ultimately, to meet demand. However, there are many other objectives that must be met first before that can happen.
Those objectives are meant to improve:
- Efficiency with logistics
- Quality of product and customer experience
- Stability in all upstream and downstream relationships
Securing supply chains across the globe
SBA Communications Gets Proactive with Contractor Safety and Insurance
As a leading independent owner and operator of wireless communications infrastructure across North, Central and South America. Founded in 1989 and headquartered in Boca Raton, Florida, SBA, generates revenue from site leasing and site development services.
Since we started working with Avetta, we have a much greater comfort level with our contractors. The Avetta solution is a powerful tool; and, as a leader in our industry, we can use it to make the industry safer.