There is a continuous trend of rising supply chain cost to serve. A combination of technology-based transformation tactics can unlock value and slow the effect of rising supply chain costs. The devil is in the details: customer segmentation, SKU rationalization, optimization of the physical network and flow of products through the supply chain, differentiated order fulfillment logic, and a demand driven supply chain operating model. And technology is required at every step.
Even the best supply chain risk management protocols and business continuity plans are ineffective without the right technology and visibility into all possible risk factors (and variations thereof). COVID has proven this. It’s essential to account for all of the permutations of risk, using quantitative tools and technology to risk rate each factor so you can determine mitigating actions to take.
Join us for this webcast as we discuss how simplifying the supply chain can free up cash, which can then pay for other needed business initiatives. We will also discuss how risk management can be tamed through quantitative tools and analytics to identifying cross-functional risks.
- Describe the exponential increase in supply chain cost to serve and the negative impacts it creates
- Employ strategies to proactively manage supply chain risk
- Summarize best practices to manage cost to serve and risk
Recommended Field of Study:
- Jonathan Eaton, National Supply Chain Practice Leader
- Yvette Connor, Strategic Risk Solutions Leader
- Jennifer Bisceglie, CEO, Interos Inc
Business Management and Organization
Group - Internet
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