Six Essential Supply Chain Management Strategies
Keep up with the demand-driven world of digital operating models, IoT, and predictive analytics by employing these trusted strategies that will future-proof your business.
35
increase in customer satisfaction with SCM’s improved visibility 1
01
Total visibility
Future-ready cloud applications provide end-to-end visibility right across the business, from buyers to the market to supply. This enables you to adopt a demand-driven model that helps you anticipate opportunities and mitigate risks.
02
Competition-beating agility
Anticipate and quickly react to market changes with the ability to make continuous, dynamic, real-time adjustments that keep you ahead.
40
faster order cycle times with SCM 2
82
increase in on-time delivery 1
03
Innovation through collaboration
Decisions made in the early stages can make or break a product, so be sure your product development teams and engineers are not only innovating the products and services that customers are demanding, but also optimizing designs to streamline supply, manufacturing, and operations.
04
Planning aligned to business goals
Achieve a balance of supply and demand that’s aligned with your business goals, by integrating corporate business planning with sales & operations planning. Integrate financial budgeting and forecasting systems with operations for more informed strategic decisions.
20
increase in profitability 2
45
reduction in cases of missing inventory and damaged or expired material 2
05
Sustainability as standard
Use real-time analysis of energy and resource consumption to reduce inefficiencies, minimize energy waste, increase “recycle-reuse-refurbish” activities, and optimize transportation. 69% of CPOs acknowledge the need to improve process efficiencies. Deloitte CPO study
06
Reliability of supply
Implement processes that embed advanced technologies to continuously adapt, improve, and ensure manufacturing operations are synchronized.
35
increase in customer satisfaction 2
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