In today’s digital age, globalization offers numerous opportunities. The supply chain process has to be of greater efficiency, with better analytics and insights. This is where a Centre of Expertise (CoE) becomes crucial for any business. This is the next step towards Supply Chain Excellence, with higher professional capabilities in the Food Industry, as shown in the diagram below.
Centre of Expertise (CoE)
A Centre of Expertise (CoE) is a centralized location that manages supply chain operation with the guidance of the local and regional governance standard and requirement. Understanding local Tariff, Local Labour condition and Political environment in a location where business is being conducted with Supply Chain processes.
To help deliver the best practices necessary for the industry it is implementing, so that it will maximize inventories distribution to prevent man-hour lost on lead time, procurement functions based on operational requirement and customer needs within the crucial business activity timeline. It is also a continuous investment in research and expertise, to create partnerships with national and international business association to develop solution and facilitation that engages in programmes by adapting them to the specific needs of the countries of operation. This benefits the customer, consumer and company in the long run.