Overview
Digiknots is committed to helping
you build effective supply chains that enable them
to adapt innovatively to changing conditions, seize
opportunities and achieve high performance.
In the twenty-first century your
customers are global, and so are your suppliers—and
many of your suppliers’ suppliers. Your customers
are not only in more places, they’re also more
knowledgeable, more demanding, and using more channels
to do business with you than ever before. We, at Digiknots,
were quick to realize this trend and are now focused
on bringing together a GLOBAL SCM system, which supports
a variety of systems that support a wider supply chain.
In a business where supply chain
could be the only truly sustainable competitive advantage,
your supply chain determines your reactive agility
and your proactive momentum, your cost of materials
and efficiency of operations, the quality and consistency
of your goods and services, and your ability to provide
value-added services and meet unique customer needs.
Research has shown that companies
with well-managed, innovative, relationship-focused,
procurement practices outperform other companies in
financial terms (total shareholder return, return
on equity, return on assets, cash flow and return
on investment, EVA, reduction in working capital)
and in productivity terms (sales per employee, income
per employee and real growth in sales).
In most manufacturing companies,
purchased materials account for at least 50% of cost
of goods sold (COGS). So it stands to reason that
procurement-savvy businesses generally are more successful.
Consider a company whose purchased materials comprise 55 percent of COGS: A mere 1
percent reduction in that figure will produce
approximately the same margin lift as a 12
to 15 percent rise in sales growth.
We work with clients across a broad
range of industries to master innovative operating
models that support business strategies and enhance
revenue; reduce cost; and improve asset productivity
and customer service. We also deliver innovative solutions
such as supply chain and procurement outsourcing;
service parts management and radio frequency identification
(RFID) technologies.
