Four megatrends that will change Supply Chain Management
published: cw 28, 2007 in Supply Chain ManagementMake no mistake; the customer is at the epicenter of the supply chain continuum of strategy and process.
Concepts like mass customization (made famous by companies like Dell), globalization and micro-segmentation (intent on serving individual customers), rapid innovation and collaboration among multiple enterprises (in the interest of weaving together supply chains that were previously disparate) have come to the forefront as enterprises strive to compete in their respective industries.
Technology is helping them get there. Those that are most successful strive for the best balance between the primary force of economic change – the scale and influence of the individual consumer and the abundance of available consumables – and information technology’s ability to manage and synchronize the complexities of global manufacturing and distribution networks. With these bases covered, enterprises will be best positioned to grow and prosper in today’s global business environment.
Source: Logistics Management
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