Success Story

Efficient Supply Chain Process

Schaan, Liechtenstein

Headquarter

$100 Million

Turnover

Medical Equipment Manufacturing

Sector

Identifying Distributor partners

Challenge

Expanding in India with the distribution partner

"ALTIOS provided us with great insights in the opportunities in the different European markets for our products and connected us with key partners. We now have a great base from which we can launch our European endeavours going forward."

Terry Carter

General Manager of New Zealand Tube Mills

Challenges

Identification of an appropriate business partner in India to handle operations and supply chain, with a focus on customs and drug-related compliances

Solutions

Dedicated expert with proficiency in handling operational and related supply chain processes in India

Results

Ensured smooth handling of critical processes, enabling apt and timely material planning, order processing, and related supply chain support
Improved processes around material planning, resulting in cost reductions and an efficient and effective supply chain function
Helped ensure 90–95% of the company’s export-import processes and material clearances were on-time, ensuring timely supplies to customers

Tips and Best Practices

Choose a reliable business partner with expertise in local regulations and supply chain management.
Ensure compliance with customs and drug-related regulations to avoid delays and penalties.
Optimize material planning and order processing to improve efficiency and reduce costs.
Leverage expert knowledge to streamline export-import processes and ensure timely deliveries.
Implement a robust supply chain strategy to enhance operational resilience and customer satisfaction.
Continuously monitor and refine logistics processes to adapt to market and regulatory change.

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