The supply chain is complex. A structured approach is critical for identifying the many issues impacting profitability.
The “Rapid Cost Reduction” Methodology quickly identifies the many issues impacting profitability. A structured diagnostic approach will promptly enable you to access the current state of your supply chain, (the “as-is” state), communicate the new strategic position (the “to-be” state) and develop an implementation plan to achieve best in class operations and increase operational efficiencies/effectiveness while unlocking financial rewards.
The initial step commences with the examining of your current information flow and planning cycle. Some of the more critical questions to be answered are:
- What are the major information flows across the supply chain?
- What are the cycle times of the information?, and
- What benefits can be achieved by improving the level of collaboration between the entities across the supply chain?
The chart below summarizes some of the typical information flows, their co-relationship, and the integration of the different entities across the supply chain.
John Hare Toronto is a Supply Chain Executive working in Toronto.