Your Supply Chain needs to be an Integrated Value Chain..but how?
Volatility is here to stay whether we like it or not - alteration in confidence levels as demonstrated by the stock market movements confirm this. Market dynamics in the ‘new normal’ means that business decision makers need to leverage the newest technologies to drive their operations. From shifting customer propensities to supply chain disruption, organizations in all business sectors need more dynamic response systems to the wide range of new issues that surface. A top analyst firm indicates that segment leaders carry 15% less inventory, achieve 17% better order fulfillment rates and enjoy 35% shorter cash-to-cash cycles then the group average. These top 25 supply chains have 60% better profit margins, 65% better earnings/share and 2-3x higher return on assets. What do they do different?
Leading manufacturers are now transforming their supply chains into collaborative value chains, growing through stages of limited synchronization into the ultimate position of multi-enterprise orchestration. Suppliers, vendors and partners are managed as close-stakeholders. At industry shows, events and conferences that I attend, the leaders confirm utilization of new tools and technologies such as integrated applications and intelligence platforms . For those interested in learning more, I suggest you investigate the 2 General Supply Chain sessions at Oracle’s OpenWorld (San Francisco, Oct 2-5) that will detail the roadmap on how your company can move into a Leader position. Link: http://www.oracle.com/openworld/index.html