Eric Donald Davenport — Downturn in the Supply Chain Management

The Manufacturing Industry will face a strong downturn in the Supply Chain Management process says Eric Donald Davenport leader in Supply Chain Management for over 23 years working with manufacturers around the world. Sourcing raw materials and components will put small businesses on the backburner. They can’t compete with the international buying power, pre-condition terms and conditions that larger companies have with their suppliers.

Manufacturing Industry may face a downfall that will take years to rebuild. Most manufacturers rely on suppliers that are located around the world. This will cause several issues within the Supply Chain Management process
Such as
• Back ordered components.
• Shortage on raw materials
• Production backlogs
• Not enough skilled workers, such as welders, pipe fitters, project managers, truck drivers and many more.
• Government Trade Guidelines
• Global Logistics Backlogs
• Increase project cost.
• Project Engineering change order cost
• Over Budget Spending
• Price Wars to get materials for inventory.
• Risk in Safety Guidelines
So, what will it take to make things flow faster and competitive?
The growth of small businesses will be the key factors in reducing the downfall process.
Small businesses must be able to grow by meeting their client’s requirements.
It will require clients to make faster payments to small businesses and offer incentives to those who over perform on projects.
Allow small businesses to get involved every step of the way to help reach forecasted goals.
Small businesses will have to count on each other, because the larger companies will tie up materials within the larger markets, which will not allow small businesses to compete and stay competitive.

This is where people like Eric Donald Davenport plays an important role in helping the Manufacturing Industry during these troubling times. He is an expert in connecting Global Negotiator Advisors that are skilled in Supply Chain Management.