Optimized Supply Chain

Business Model and Practices > Activities, Assets and Partnerships

Optimize supply chain by increasing collaboration, using cloud-based platforms, leveraging new technologies, and securing local suppliers

Optimize supply chain by increasing collaboration, using cloud-based platforms, leveraging new technologies, and securing local suppliers

Innovative Practices

  • Increase supplier collaboration to spur innovation as parties understand needs better and build win-win solutions
  • Use cloud-based platforms to improve efficiency, quality, timeliness and transparency of supply chain processes
  • Seek suppliers that leverage new technologies, such as 3D printing, augmented reality, big data and analytics, to lower costs
  • Challenge preconceived notions about international supply chains, securing local suppliers providing increased flexibility, timeliness and other value

Books and Other Recommended Sources

How might challenging preconceived notions enable significant improvements in supply chain performance?

PROOF POINTS

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