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Synopsis 1-Compressed
Synopsis 1-Compressed
Synopsis 1-Compressed
ProjectGuide- Submittedby-
Prof.ManishThakursir EN19ME303018ANKIT VERMA
EN19ME303054 MANISH
UBNARE
EN19ME303025 AYUSH
SHUKLA
Abstract
D P Wires Ltd is a manufacturer and supplier of steel wires, plastic pipes and
plastic films. These products are commonly used in industries like oil & gas,
power environment, civil, energy, automobile, infrastructure etc
ProblemStatement
Supply chain is the most crucial part in any business organizations. A hole in thesupply chain networks
will affect the whole chain in the supply network. The causes of supply chain activities to failed are due
to the lack of understanding or knowledge on thenature of demand
ProposedMethodology
The first step in improving supply chasuppliersency is to increase your visibility over logistics
operations.
Develop a good relationship with your suppliers:- Communication with your suppliers is key!
When you have a good relationship with your suppliers, you can plan better and avoid any
shortages, delays, or issues early on.
Finding ways to automate supply chain processes is one of the best ways to improve efficiency,
reduce human error, increase supply chain performance and velocity, and save time and money
in the long run.