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Supply chain strategy
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Why have a strategy?
- Companies who develop and follow strategies perform better than their counterparts who focus only on achieving annual financial targets set in their budgets.
- However, having a strategy which is capable of fulfillment is rare. Only 40% of senior logistic professionals have a long term "roadmap" to guide their decision-making and help them to deliver the strategy.
- The creation of an effective supply chain strategy can help identify untapped sources of competitive advantage. Furthermore, by developing a strategy and realistic implementation plan, companies are more likely to achieve their medium to long term goals.
- Although we traditionally think of competition as being between products or companies, there is compelling evidence to suggest that in the near future, it will be between supply chains.
Back to Supply Chain Strategy
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