Organizations may encounter difficulties during supply chain strategic planning.
Here are five Pitfalls to avoid:
✔ Ignoring supply chain complexity. The supply chain is multi-faceted, with several stages and stakeholders.
✔ Not considering the business topography. It is challenging to forecast future customer demand, pricing changes, and other variables like material shortages that could affect the supply chain because the business environment is constantly changing.
✔ Using outdated processes and tools. Outdated operating processes and tools can make tracking strategy progress and supply chain KPIs difficult and time-consuming.
✔ Not listening to customers. A supply chain and planning process built around business requirements – the senior leadership team – rather than end-users can create inefficiencies and unnecessary costs.
By avoiding these pitfalls, supply chain and planning process strategic can be made simple, especially when it calls for a focus on the overall strategy rather than just day-to-day implementation.
As a management and technology consulting firm, Synvance guides businesses on their core transformational activities regarding their supply chain, from the identification of improvement opportunities to essential requirements from the supply chain activities and consideration of ESG factors through business-as-usual operations.