Creating Value Through End-to-End Supply Chain Planning
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Key Takeaways
⇨ Supply chains are complex network of entities. Due to their interconnected nature, supply chain transformations in a part of supply chain generally have a cascading effect on other entities and processes within the supply chain.
⇨ Most supply chain transformation initiatives start focused on one specific area. It is, therefore, crucial that the impact of these focused transformation initiatives on the broader supply chain is incorporated in business case development as well as transformation planning.
⇨ When it comes to business case development, it is essential to quantify the impact on other parts of the supply chain. Sometimes, cost reduction in certain areas may increase costs in other interfacing areas. A business case hence needs to account for these cascading effects.
Increasing supply chain complexity, coupled with rapidly evolving customer demand, has given rise to a set of challenges supply chain leaders have not encountered before. What extenuates these challenges for many organizations is the siloed approach to planning and tackling supply chain challenges.
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