Supply Chain Management for Organization Improvement
Most of the companies have applied Six Sigma or Lean principles to optimize supply chain efficiency. Supply chain executives can use successful process improvement to streamline supply chain operations offer in the overall business value chain. Budget has become stricter for the companies now-a-days. They emphasize on organizational service quality. Demonstrating and communicating supply chain value to the internal and external customers is very important for the growth of the business. Best Practices, LLC is offering two benchmarking reports that present supply chain management best practices to maximize productivity and successfully demonstrate the value of supply chain operations.
According to a survey, 26% of surveyed companies report supply chain costs less than or equal to 5% of total revenue. 92% of companies surveyed encourage direct interaction between supply chain managers and internal customers to discuss supply chain initiatives. Most of the companies focus on Supply Chain cost management & supply chain information technology cost. yahoo.com reports:
Over half of benchmarked order management executives consider quality of service provided to be the most defining factor in the value of their operating processes. Organizations are increasingly outsourcing non-core activities, and require transparency in measuring and monitoring the value chain performance.
Subscribe to the comments for this post