Supply Chain Digitization
Relentless of Supply Chain Digitization is making internet of things (IoT) possible in industry after industry. But, digitisation is nothing new for supply chains. If you hear the story of how supply chain management was ‘invented’ you could say that supply chain management only became possible because of digitisation. Our senior partner, and co-inventor of supply chain management – Dr Wolfgang Partsch tells the entire story in our book ‘UNCHAIN YOUR CORPORATION
current supply chain priorities - in 2023 and beyond
Unchain your corporation: Unleash Supply Chain Potential
Make Your Business More
EFFECTIVE
EFFICIENT
PROFITABLE
FLEXIBLE
RESILIENT
ADAPTABLE
Fight Inflation
Business strategy and supply chain will have to take into account that as the storm clouds of inflation gather at the horizon, you will have to change the strategic tack to go through the rough patches unscathed.
Stay Relevant
keep current with the realistic yet cutting edge practice in both the supply chain, and the board room. The business strategy and supply chain from the last two decades will not work any more.
survive and thrive
Keep your head when everyone else in the market starts losing theirs. The supply chain turmoil persists and requires new business strategy and supply chain thinking. For general directions, read the blogs below.
Our Books on Business Strategy and Supply Chain:
Must Read Article - on Supply Chain Digitization:
Everything You Need To Know About Future Of Supply Chain
According to a recent KPMG study from 2010, the priority for firms with respect to their suppliers remains costs; at the same time, there are also new priorities that are becoming important, such as sharing of knowledge, skills and resources.
Most firms claim that they want a more integrated supply chain with more responsible suppliers with respect to the management of inventory.
Leading firms are now looking for safe partnerships with their suppliers and they use a variety of mechanisms including audits to assure themselves about their supply chain partners.
Increasingly, there are concerns regarding intellectual property management in the supply chain. For instance, in 2008, Carlos Ghosn, CEO of Renault-Nissan said: “We are not anymore in a world where logistics follow”.
information technology in supply chain
The Future Supply Chain has to be flexible. To reach this purpose, supply chain managers must choose safe suppliers and integrate them into a cohesive supply chain.
This shows that Supply Chain’s evolution is at the heart of concerns for the near future. The Supply Chain of the future would be flexible, safe and with a strong partnership between different actors of the chain.
Most Effective Ways To Overcome Future Of Supply Chain’s Problem.
Note: This article was written by a European Intern as part of their work assignment while working at Global Supply Chain Group. It is left online as a model and encouragement for other new entrants in supply chain arena who want to expand their horizons gradually..
Key Insights on Supply Chain Digitization
Balancing Cost Reduction and Competitive Drivers: Avoiding Blinkered Vision
As supply chains become wider, more complex, and global, the need for trust grows exponentially
Cutting out waste is essential
More Insights on Supply Chain Digitization:
Maximizing Business Success: The Crucial Role of External Expertise in Mitigating Blind Spots
Stay Ahead of the Game: The Risks of Late Inputs from Suppliers and Customers in Business
Balancing Cost Reduction and Competitive Drivers: Avoiding Blinkered Vision
As supply chains become wider, more complex, and global, the need for trust grows exponentially
Cutting out waste is essential
Clear responsibilities and ownership is required for making successful business transformations
Do your supply chain experts have the expertise?
The process and service component
Why Business Transformations Fail: A Comprehensive Guide to Avoid Costly Mistakes and Drive Success
Maximizing Efficiency and Cost Savings with Results-Focused, Modularized Outsourcing (ROM)
How can I fine tune my business model and the 5-STAR network continually as the circumstances change? What have other companies in my industry and region done as customer preferences evolve, newer suppliers become available, newer technologies come to the market and competitors change their strategies?
The informational component
The Power of Data: How it Unveils the Bigger Picture and Clears Up the Confusion
Magic happens when ‘The Flywheel Effect’ comes into play
B2B network helps smooth out the volatility
How to turn your customers into raving fans using B2B networks
B2B network helps create resilience in face of volatility and uncertainty
How to Identify Supply Chain Bottlenecks in Your Organisation: A Practical Guide for Improved Efficiency
Listen to your losses - they speak for themselves
When you notice everyone is 'too busy and 'constantly fighting fires' be sure to examine the planning process
When information hoarding becomes rife, collaboration stops
Too much rigidity in planning can lead to discord and disruption
Breaking the Mold: Why Companies Need to Prioritize Customers Over Internal Focus
An Intern’s Perspective On The Future Of Supply Chain (In 2006)
Sustainable Packaging Industry And The History of It
Email And Empowerment In Supply Chain by Stuart Emmett
Responsibility For Cost Line A Single Individual of Supply Chain Business
Best Cost Reduction Tip: Fix Core Problems - Doug Hudgeon
Build A Great Cost Analysis Monte Carlo Simulation In Excel
