Buy custom What is the right supply chain?
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| Topic: |
Business
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| Number of pages / Number of words: |
26 / 7183 |
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From my ten years of research and consulting on supply chain issues in industries as diverse as food, fashion apparel, and automobiles, I have been able to devise such a framework. It helps managers understand the nature of the demand for their products and devise the supply chain that can best satisfy that demand...
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The first step in devising an effective supply chain strategy is therefore to consider the nature of the demand for the products one's company supplies.
Many aspects are important ? for example, product life cycle, demand predictability, product
variety, and market standards for lead times and service (the percentage of demand filled from instock goods)...
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