To sign up for Analytiqa's free weekly newsletter, please enter your details below.
Analytiqa will not share this information with third parties.
Confidently achieving a cost saving of more than 10.0%
Suttons has been awarded a supply chain management contract by well-known polystyrene resin producer TPSC Asia Pte Ltd (TPSC). Based in Singapore, TPSC is one of the largest producers of high quality general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) in South East Asia. Their product is distributed to more than 30 countries worldwide and Suttons has been given the responsibility to oversee all aspects of the supply chain from TPSC’s manufacturing site for all inbound and outbound logistics.
Suttons will take control of the management of all logistics activities including on-site logistics, movements in and out of TPSC facilities, together with tactical and strategic optimisation of their logistics network.
Suttons will add significant value to the customer through a focus on service reliability, continuous supply chain performance analysis to identify and remove waste and a commitment to deliver class leading standards of safety and compliance.
Supply chain visibility is the key enabler for Suttons to drive benefits and unlock value in the supply chain. To achieve this Suttons has implemented a centralised control tower model. The control tower is a central hub with the required technology, organisation and processes to capture and use supply chain data to support decision making and provide more control of the supply chain and optimise all operations.
Suttons will manage all of TPSC’s suppliers and work to a strategic set of KPIs designed to maximise value, improve service and strengthen TPSC’s service to its customers.
TSPC selected Suttons based on their innovative contractual terms, flexibility, significant experience and success they have demonstrated in understanding chemical logistics requirements. The Company used to manage a number of logistics providers all working to different contracts and targets and it didn’t have the level of visibility of its logistics activities that it felt was necessary to support a growing business.
Through Suttons’ innovations, TSPC can confidently achieve a cost saving of more than 10.0% in the current financial year. The Company now has one point of contact for all transport and logistics activities, a clear target driven strategy that ultimately improves the service provided to customers and frees up its team to focus on its core business.