Map your Extended Supply Chain: Our collective supply chain eyes were opened in 2011 as a result of the earthquake/tsunami in Japan, and then severe flooding in Thailand that decimated key suppliers in the high-tech sector.
Model Your Supply Chain: A relatively small but growing number of companies maintain an active network model of their supply chains that they use for on-going decision-making, from inbound supply flows to what products to make where.
Develop a Talent Strategy: Do you really have a plan for finding and developing supply chain talent? A few leaders do – but not many. A few years ago, Pepsico took a look at this – and wasn’t happy with what it found.
Start Benchmarking: In general, we do far too little benchmarking in the supply chain. I am referring not just to maybe participating in some survey or service that allows you to compare your results (sort of) with those of others, but meeting with companies to see how they do things, and swap and compare ideas and practices.
Review Your Technology Portfolio: Do you know exactly what software you have where? Do you have any “shelfware,” meaning software you paid for but never implemented, either in total or at certain locations?
Paint a Vision for becoming Demand-Driven: In the early 2000s Procter & Gamble came up with the “consumer-driven supply chain” concept, which the then AMR Research morphed into its demand-driven supply networks.
Start Lunch Time Education Meetings: I know a few companies – Campbell Soup used to be one of them and maybe still is – that hold weekly or monthly Friday “brown bag” lunch days focused on education. Could be an internal team member presenting insight into their area of operation.
Read more at Seven Supply Chain Resolutions for 2015
Tell us what do you think about this topic and subscribe to get updates in your inbox.