Describe 5 strategic objectives of the organisation into a supply optimisation framework?

1. Reduce costs: By optimising the supply chain, the organisation can identify areas where costs can be reduced, such as streamlining processes, negotiating better prices with suppliers, and reducing waste. This can help the organisation improve its bottom line and remain competitive in the market.

2. Improve efficiency: By streamlining processes and improving communication with suppliers, the organisation can improve the efficiency of its supply chain. This can lead to faster delivery times, reduced lead times, and better overall performance.

3. Enhance quality: By working closely with suppliers and implementing quality control measures, the organisation can ensure that the products and materials it receives meet its standards. This can help improve customer satisfaction and reduce the risk of defects or recalls.

4. Increase flexibility: By optimising the supply chain, the organisation can become more agile and responsive to changes in the market. This can help the organisation adapt to fluctuations in demand, changes in regulations, or disruptions in the supply chain.

5. Enhance sustainability: By working with suppliers who adhere to sustainable practices, the organisation can reduce its environmental impact and improve its reputation with customers and stakeholders. This can also help the organisation comply with regulations related to sustainability and social responsibility.