Transforming Your Supply Chain
IN THIS CHAPTER
Minimizing inventory by improving information flow
Reducing complexity by eliminating unprofitable products
Trimming costs and working capital requirements
Financing innovation and improvement with quick wins
Supply chain management becomes most valuable when you are able to improve service levels to your customers and increase the profitability of your company. By making strategic choices about how to transform your supply chain, you can drive significant improvements such as increasing product availability for your customers, reducing working capital requirements, and increasing the flexibility of your business. But you probably can’t do all of them, and you certainly can’t do them all at the same time. In this chapter, you look at 12 strategies that can help you provide significant benefits for your business using supply chain management tools and techniques.
Improve Transparency and Visibility
Effective supply chain managers catch problems when they’re small, before they affect the company or its customers. Because supply chains ...