"God always takes the simplest way." - Albert Einstein
Here's a riddle...what:
- demands abundant technology resources?
- requires collaboration on a scale that confounds personal accountability?
- compels some companies to seek from customers that which they'd never offer to suppliers(1)?
- and can destroy a business if not achieved?
It's a "soft ball" riddle because the answer - supply chain efficiency - probably came to mind quickly.
But suppose instead you were asked: "How can you improve supply chain efficiency?" You might need several minutes just to list the possibilities because complexity is the essence of most supply chains.
How Snap Vector Can Help
More accurate demand forecasts, better visibility across the supply chain, shorter production and sourcing lead times, better S&OP (sales and operations planning) - all can improve supply chain efficiency and lower working capital without affecting sales. Snap Vector can help you identify, prioritize and realize opportunities for improvement in each of these areas. But that's not where we start...
Most supply chain consultants take complexity as a "given" and advise companies to merely "manage it" - for example, by investing in more robust IT capability. In contrast, Snap Vector starts by drawing on its' Business Strategy, Product Pricing and Strategic Cost Management capabilities to second-guess the complexity that can confound efficiency in the first place. Companies often exacerbate supply chain complexity by choices which - over time - expand the number and type of customers, vendors and products they must "manage." We find that different choices sometimes yield the largest "bang for the buck" supply chain and cash flow improvements.
Footnotes
(1) quicker payments
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