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Every organization has a supply chain. Every organization has
supply chain challenges.
While most companies believe the supply
chain is an important component to their overall success, many view
their supply chain as a cost of doing business.
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There is nearly a 40+% improvement in logistics costs that could be
realized by average performing companies through an increased focus
on managing their supply chain (2004 study by Logistics Management)
Effective supply chain management can reduce operating costs by streamlining processes and using
information technology to accelerate the flow of information, material, and funds throughout the
supply chain. By leveraging these same supply chain activities, companies can improve the
deployment and allocation of capital by reducing inventory and minimizing supply chain variability.
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