Supply Chain Strategy: Back to Basics [Archive.org URL]

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 manage their supply chains optimally to achieve the highest returns now – and in the future, as the business environment changes. Companies with successful SCM programs employ eight basic best practices.

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