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Conventional wisdom says it takes three to five years and tens of millions of dollars to digitize a corporation’s supply chain. However, a few companies have reaped major benefits—including higher revenue and customer retention—with a faster, cheaper approach. It involves assembling available data; using analytics to understand and predict customers’ and suppliers’ behavior and optimize inventory, production, and procurement; and adding automation to revamp or introduce processes. The transformation requires three main initiatives: replacing consensus forecasts with one unified view of demand, changing one-size-fits-all supply strategies to segmented ones, and creating a plan to continually balance supply and demand and manage deviations or disruptions.
Call Number | Location | Available |
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PSB lt.2 - Karya Akhir (Majalah) | 1 |
Penerbit | United States: Harvard Business Publishing 2021 |
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Edisi | September-October 2021 |
Subjek | Supply chain management Supply chains Customer Retention Demand Forecasting Supply & demand Demand chain planning |
ISBN/ISSN | 0017-8012 |
Klasifikasi | NONE |
Deskripsi Fisik | 160 p. |
Info Detail Spesifik | Harvard Business Review |
Other Version/Related | Tidak tersedia versi lain |
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