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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. It includes everything from product development and strategic decision-making to information systems and new technologies.

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The Importance of Supply Chain Collaboration

The Good Spending

Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain. Information Sharing The latest point resonates with the theory of trust development we touched upon in this post.

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

Supply chain management is the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally. Source: [link] ). Source: [link] ).

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Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

Because the pace of business has increased exponentially, and businesses must be able to respond to new market demands with agility and innovation. And buyers aren’t collaborating with suppliers merely as providers of materials and goods, but as strategic partners that can help create products that are competitive differentiators.

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S&OP, a vision for the future. The expert interview series #6

Supply Chain Trend

They have supply chain based S&OP, or no financial involvement in S&OP, or S&OP without new product development, or a short-term planning process, or it’s not related to strategy. Only then work back into the supporting steps e.g. supply planning, demand planning and product and portfolio planning.

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Integrated Business Planning: A New Narrative for an Old Process

Supply Chain Trend

At about the same time that Wave 2 was gaining momentum, we saw publication of the book Enterprise Sales & Operations Planning: Synchronizing Demand, Supply and Resources for Peak Performance (Palmatier and Crum, 2002). New Product Review, a Demand Review, a Supply Review, and a Management Business Review.