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Thursday, December 12, 2013

Redefining Supply Chain

As part of a century and a half old,  very successful enterprise, we had a supply chain group from well before I arrived there.  It is essential to make the modern enterprise work.   In Forbes:

Redefining the Supply Chain
" ... Although supply chain groups have become prevalent among companies, the supply chain is still an isolated function and problem for some companies, rather than a component of their solutions, writes Lora Cecere, author and founder of Supply Chain Insights. As a result, companies are having a hard time meeting their desired margins and need to "redefine the term supply chain to fulfill its original goal of defining processes from the customer's customer to the supplier's supplier," she writes. They also should align supply and demand, create effective horizontal processes and utilize data in decision-making to succeed, Cecere recommends. .. "

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