Transforming supply chain operations can have a substantial impact on a company’s ability to grow and prosper, new research from Accenture, INSEAD and Stanford University has found.
The three organizations undertook the multifaceted research project to understand how companies derive competitive advantage from their supply chains. The research demonstrates a correlation between the quality of a company’s supply chain and its financial performance. It also yields conclusions about how and why leading companies incorporate supply chain management into their business strategies.
Another channel of inquiry focuses on the design and development of integrated operating models, which the research finds to be the key strategic difference between supply chain leaders and laggards. The research initiative also devoted significant effort to understanding how supply chain leaders execute against their strategies and adapt them to changing market needs.
Editor’s Note: requires free registration, but definitely worth the effort…
Author: Jeffrey D. Brooks
Sources: Accenture, INSEAD, Stanford University
Subjects: Best Practices, Operations