Supply Chain Strategy and the Five Steps to Achieving Excellence

A TOP-PERFORMING SUPPLY chain can be a powerful competitive weapon and an engine to drive economic profit. But without a road map, firms will fail to realize the full potential of supply chain excellence. Any effort to turn a supply chain that is simply functional into one that delivers significant value needs to start with a clear strategy. This may seem obvious. Yet in the supply chain audits we have done, very few firms could produce a supply chain strategy with a multiyear road map for achieving excellence. (Based on our data, less than 15 percent of firms have a documented supply chain strategy in place.) The self-test at the end of this chapter will help you determine where ...

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