network of scm

network of scm

Saturday, April 2, 2011

The Next Decade in Supply Management


Supply management in the decade ahead will be complex, high-tech and global, finds a new survey from CAPS Research. A quick numerical breakdown highlights some of the report's most impactful findings.
  • Eight external forces will affect all businesses:
  1. Global competition
  2. Mergers, acquisitions and supply market consolidations
  3. Increased governmental regulation
  4. Technology advances
  5. Customer and channel dynamics
  6. Increased product variety and shorter product lifecycles
  7. Social responsibilities
  8. Environmental responsibilities
  • Five business strategies will have the greatest impact on supply management:
  1.  Focusing on cost competitiveness
  2. Aggressively managing resources
  3.  Pursuing new revenue sources
  4. Targeting specific customer and market segments
  5.  Improving the level and speed of innovation
  • Four areas future supply managers will be expected to tackle:
  1. Delivering more innovation from suppliers
  2. Contributing more broadly to revenue generation
  3. Anticipating and managing supply risk to ensure business continuity
  4. Expanding the breadth and impact of cost management efforts                          


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