How to Achieve a Winning Strategy Through Supply Chain Synchronization
The Global Supply Chain Institute at the University of Tennessee recently released white paper, End to End Supply chain Synchronization, Orchestrating a Winning Strategy. The study speaks to the fact that leading companies have implemented and continue to implement many impactful end-to-end supply chain practices over the past few decades including Demand and Supply Integration (DSI); Vested Outsourcing, end- to-end supply chain integration and collaboration, supply chain information visibility and digitalization, and platform life cycle management. Despite the progress and improvement in performance brought by these initiatives, many executives and supply chain leaders recognize a struggle to sync efforts with company goals and overall business strategy.
A handful of companies however, have worked to synchronize their supply chain operations with overall company goals to unlock their full potential and to achieve a competitive advantage. The Global Supply Chain Institute defines supply chain synchronization as “the strategic work conducted to bridge the gap between supply chain operations, multifunctional business processes, and people systems (culture) with the core (total value) business driver.”
This white paper reviews best practices and examples for the most complex supply chain strategy called synchronization and takes you step by step starting from identifying core business drivers to synchronizing people systems.
For more information on supply chain business process and technology visit MHI View.
MHI view episodes also focus on the following supply chain technologies:
–Inventory and network optimization tools
–Sensors and automatic identification
–Cloud computing and storage
–Robotics and automation
–Predictive analytics
-Wearable and mobile technology
-3D Printing
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