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Many buyers expect supply chain software will slash costs and take performance to new levels, but survey results show that nearly half of the implementations have not produced the expected return.
An Accenture study found that companies earning a high return on their risk management programs have something in common: The use of "control towers" to collect and analyze data across the supply chain.
Flexible, agile, and resilient is no longer enough. Instead, companies need "protean" supply chains that can rapidly alter their shape in response to marketplace changes.
To maintain its lead in omnichannel retailing, the venerable U.K. retailer John Lewis has adopted a very modern strategy: converting to "hybrid" distribution centers that fill orders for both retail stores and online sales.
Social media can offer supply chain managers a better way to break down organizational silos and solve supply chain problems, argues consultant Tony Martins.
By tailoring its supply chain strategy for specific product segments, the global beverage company reduced the risk of disruption to its growing Asian business. In the process, it gained a competitive advantage in this vast and variable market.
