Building a supply chain solution that integrates ‘Plan, Monitor and Respond’ approach
Often product-based companies struggle with maximizing revenue while optimizing supply chain costs and inventory. With rising customer demands and expectations, managing complex supply chains to deliver the dual goals of profitability with growth is becoming increasingly difficult.
This paper attempts to throw light on the common goals and typical challenges supply chain executives face while working toward meeting their company’s strategic objectives. This paper will dwell on how improved processes and performance visibility can lead an organization toward a culture of collaborative planning and prepare them to respond to changing needs with higher agility.