Prospiq Limited Provide Supply Chain Management (SCM)
Consulting services, it’s  focus on
helping businesses optimize, streamline, and transform their supply chain
operations. These services provide expertise and strategies to improve the
efficiency, visibility, and resilience of supply chains, ultimately reducing
costs, enhancing customer satisfaction, and enabling sustainable growth.

Here's an overview of SCM consulting services and what they
typically cover:

1. Supply Chain Strategy Development

Objective: Align supply chain goals with overall business
objectives.

Services:

Assessment of current supply chain performance.

Development of long-term strategic plans for supply chain
transformation.

Market analysis, demand forecasting, and competitive
benchmarking.

Recommendations for digitalization, automation, and
innovation.

2. Supply Chain Optimization

Objective: Maximize efficiency and reduce operational costs.

Services:

Process improvements for procurement, production, and
logistics.

Inventory management and demand planning.

Distribution network design and optimization.

Warehouse layout and transportation management.

Lean supply chain practices to minimize waste and improve
speed.

3. Procurement and Sourcing

Objective: Optimize supplier relationships and sourcing
strategies.

Services:

Supplier selection, negotiation, and performance management.

Strategic sourcing and risk management.

Supplier collaboration, sustainability, and ethical sourcing
initiatives.

4. Technology Implementation

Objective: Leverage technology to improve visibility and
coordination.

Services:

Selection and implementation of Supply Chain Management
Software (SCMS), ERP systems, and Warehouse Management Systems (WMS).

Integration of AI, machine learning, and IoT for predictive
analytics and real-time data.

Digital twin technology for virtual supply chain modeling
and simulation.

Blockchain for enhanced traceability and security in the
supply chain.

5. Risk Management and Resilience

Objective: Improve the supply chain's ability to withstand
disruptions.

Services:

Risk assessment for natural disasters, geopolitical issues,
supplier failure, etc.

Scenario planning and resilience strategies.

Contingency planning for supply chain continuity.

6. Sustainability and Circular Supply Chain

Objective: Implement environmentally sustainable practices
in the supply chain.

Services:

Carbon footprint reduction strategies.

Circular supply chain design to promote recycling, reuse,
and waste reduction.

Sustainable sourcing and eco-friendly packaging solutions.

7. Performance Measurement and KPI Development

Objective: Establish metrics to monitor supply chain
performance.

Services:

Defining Key Performance Indicators (KPIs) such as lead
times, service levels, and inventory turnover.

Continuous improvement programs.

Dashboard creation for real-time tracking of supply chain
activities.

8. Global Supply Chain Management

Objective: Manage complex global supply chains efficiently.

Services:

Cross-border logistics, customs compliance, and trade
regulations management.

Managing global supplier networks and multi-modal
transportation strategies.

Identifying opportunities for reshoring or nearshoring.

Benefits of Supply Chain Consulting:

Cost Reduction: Through lean operations, optimized
inventory, and efficient sourcing.

Risk Mitigation: Reduced exposure to disruptions and
increased supply chain agility.

Improved Customer Service: Faster delivery times, better
quality control, and more responsive service.

Technology Integration: Enhanced decision-making with
advanced analytics and data-driven tools.

Sustainability: Achieving environmental goals while
maintaining profitability.

These consulting services can be tailored to meet the
specific needs of a business, whether it's a startup looking to scale its
supply chain or a large enterprise seeking to overhaul existing operations.