Managers are increasingly recognizing the advantages of traditional supply chains - faster delivery, reduced cost and improved quality - are sufficient by themselves for the modern marketplace. A new paradigm is emerging of a sophisticated supply chain, one that also functions as a vehicle for developing and sustaining competitive advantage by delivering particular results. So accomplishing participants in the Supply Chain Management 2010 and Beyond investigative initiative - a four-year set of surveys and workshops on which this article is based. The authors report the "supply chains of tomorrow" should reach varying amounts of six fundamental results, depending on their particular customer base and its set of demands.
Outcome-Driven Supply Chains Case Study Solution
The first of these outcomes is "price" (a complex of the heretofore lone objectives regarding financial cost, delivery and quality). The others are responsiveness (the ability to transform rapidly in terms of quantity, mix or place as a function of transforming conditions), security (assurance that the supply chain's products will not be contaminated or otherwise dangerous), sustainability ("greenness," or environmental duty), resilience (the ability to recover rapidly and cost-effectively from dislocations) and initiation (the supply chain as a source of new products and processes or improvements in existing ones).
PUBLICATION DATE: January 01, 2010 PRODUCT #: SMR344-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION