Develop a supply chain strategic plan
Establishing the state of health of your current supply chain strategic planand then working on enhancing the areas that need the attention, with specific focus on the direction that your organisation needs to take. When you develop a supply chain strategic plan, it is important to ensure that all relevant stakeholders contribute throughout the process, as each will not only learn more about their business and its direction, but rather have an obligation to own its content and commit to its delivery.
In our view, there is a clear distiction between what direction your business woud like to take versus its real capability in being able to move in this direction. A range of factors come into play, most within your control
How can our supply chain achieve Best in Class?
As we have worked on a number of supply chain models over the years, this question is always asked by our clients as each want their business to grow and out perform their competitors.
Here are some specifics we would concentrate on while assisting you to develop your next supply chain strategic plan, these will certainly be thought provoking questions or a validation that your business is on the path to achieving Best in Class.
Our supply chain strategy checklist
- How well does your organisation understand its existing customer base?
- What are their ongoing requirements and are these being achieved?
- Which customers are you likely to lose due to competitive forces?
- Is your supply chain capability a hinderance to acquire new customers?
- What is the state of your company's financial health?
- Are capital projects being would back due to economic factors?
- Is the culture progressive to change or adverse?
- Are you involving core stakeholders to develop a plan that is realistic?
- Centralisation, decentralisation or consolidation of infrastructure?
- Supply chain collaboration, data sharing and integration?
- Service chain focus or product chain focus?
- Latest planning methologies with supply chain analytics?
- Do you have an awareness of who these companies are?
- What is their supply chain foot print, scale, locations and capability?
- What forms of technology are they leveraging to drive supply chain?
- What is their service proposition and how does this compare to yours?
- What is the state of your current supply chain technology tools?
- How integrated are your ERP, WMS and CRM platforms?
- The use and capability of performance management tools for Supply chain analytics?
- Where are you in terms of best in class for each technology solution?
- What are the external risks that will impact achievement of plan?
- What are the internal risks that will impact achievement of plan?
- Have all of the risks been assessed, rated and prioritised?
- Is there a formal risk mitigation and compliance program?
- Are the countries of supplier origin stable for ongoing reliance?
- Is the physical security of your consignments a danger for non supply?
- Does the currency market play a considerable role within your business?
- Are you impacted due to vendor acquisition or takover that may affect supply?
- Is the plan developed for 12 months and reviewed annually?
- Is the plan developed for a 3 years and reviewed annually?
- is the plan developed for 5 years and reviewed annually?
- How successfully was the current plan deployed across the business?
- Did the deployment involve mid management layers?
- Could the deployment have been better managed and executed?
- Has the plan been embraced by ALL of management, do they own it?
- Is there a performance management metric to measure adherance?
- Are the operational performance metrics aligned to strategy measurement?
- How are the poor performing components corrected or managed?
Develop a supply chain strategic plan