Supply Chain Strategy: Back to Basics

Among the many issues that make supply chain effectiveness challenging are complexity in mass customization, product line proliferation, shorter product life cycles, pressure for faster innovation, stress from quicker technology cycles, tougher, non-negotiable service levels, extended global supply chains, abundant channels and markets, and business cycle variability. With 40 to 70 percent of costs embedded in the typical supply chain, it is critical that companies … [ Read more ]

Capturing the Value of Supply Chain Management

Twenty one years after its development, Supply Chain Management, once deemed a promising new way for companies to manage operations, has failed to achieve its promise, according to a new survey of large companies worldwide by Booz Allen Hamilton. Although companies spend more than $19 billion annually on information technology systems to improve their supply chain performance, nearly half of the companies in this survey … [ Read more ]