GRAHAM STEVENS of PA Consulting shows why supply chain agility is key to winning new business.
Supply networks, not chains
Graham Stevens: collaboration not conflict
Collapsing product lifecycles and the accelerated growth
of low-cost economies is leaving UK manufacturers struggling
to win business through traditional product differentiation
and overhead cost reduction. So companies are turning more
and more to the supply chain to provide differentiation, reduce
costs and mitigate risk through the innovative management
of resources and assets.
Recent studies confirm that companies’ financial success
is clearly linked to their supply chain performance; those
at the forefront of supply chain management consistently show
a market capitalisation 5-20% greater than their counterparts.
This raises a fundamental question: how can companies take
and maintain supply chain leadership in today’s complex and
volatile market?.
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