Think about these points before embarking on a Supply Chain transformation project. Have the executives fully on board and have them communicate (it is a business project not an IT only project) Is there product portfolio alignment between Finance, Marketing, Sales and the Supply Chain? It all starts with Forecast accuracy and understanding forecast bias Do a comprehensive ROI (Return On Investment) analysis on Projects Use standard...
Read MoreCompany’s resources must work towards the same goals. Once the Key Performance Indicators are in place, people throughout the company will share the same vision and have overlapping common goals. Executives must share their vision and expectations to all levels of the company. Because the supply chain is a set of subsequent processes it is absolutely essential that excellent communication information exchange be maintained to...
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