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A Simpler Way to Modernize Your Supply Chain

Simchi-Levi, David - ; Timmermans, Kris - ;

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.


Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir (Majalah)1
PenerbitUnited States: Harvard Business Publishing 2021
EdisiSeptember-October 2021
SubjekSupply chain management
Supply chains
Customer Retention
Demand Forecasting
Supply & demand
Demand chain planning
ISBN/ISSN0017-8012
KlasifikasiNONE
Deskripsi Fisik160 p.
Info Detail SpesifikHarvard Business Review
Other Version/RelatedTidak tersedia versi lain
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  • A Simpler Way to Modernize Your Supply Chain

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