Supply Chain Strategy – Formula for Success
Succeeding in today's new normal business environment requires thinking about supply chain strategy differently than we did ten years ago.
Succeeding in today's new normal business environment requires thinking about supply chain strategy differently than we did ten years ago.
Expand customer communication strategies to continually explore partnership opportunities for win-win situations.
In today’s new normal business environment where volatility is the new norm, customers’ expectations are elevated and speed is king, you must stand out from the crowd.
According to Supply Chain Management World, although social media is playing little role in supply chain strategies in the recent past, it will be of an increasing importance in 2013.
Lisa Anderson, founder and president of LMA Consulting Group, Inc. whose firm consults with businesses on strategic operations, supply chain, operations management and other disciplines, nevertheless cautions, "If your business isn't focused around a core competency that relates to government contracts, it can be an overwhelming burden." Published in [...]
Today's new normal is characterized by lackluster sales growth, strained liquidity, and rising commodity and material costs yet customer's expectations are also rising.
You wouldn’t think so from the way companies are hoarding cash; however, in general, they have a stockpile of cash and remain leery to spend it. Last year, there was a 2% decrease in days working capital (DWC), according to CFO Magazine.
Too many projects fail to deliver the intended results.
To succeed in the new normal, supply chain can be your strategic advantage.