Current innovations in the supply chain industry can play a major role in improving any company’s existing supply chain capabilities. While some companies may be ready for cutting-edge technologies such as blockchain or data capabilities presented by advanced analytics, others may need to make sure the supply chain components they’ve already worked hard to put in place are meeting expectations and can support adjustments.
Preparing your organization for what’s next can be accomplished by keeping a focus on the foundational supply chain aspects that have been identified in this guide. A supply chain maturity assessment will help you determine where your organization is currently and where you should be going. This approach defines a strategic roadmap for your company to achieve the right fit maturity level at a pace that meets both business needs and identifies your ability to change.
Differentiate Your Supply Chain
Rethinking how the supply chain organization interacts with the company’s core functions can be a differentiator that gives you a competitive advantage. There are many companies in the market looking for opportunities to run some or all of your supply chain functions. They look at your company’s core functions as potential customers. And you should do the same.
We recently published a guide that explores six of the leading trends in supply chain, as well as the importance of having a strong foundation to support them. You can download it by clicking here or filling out the form below.