Supply chain operations play a vital role in the success of any consumer or high-tech OEM. But some companies consistently outperform the field with respect to supply chain effectiveness and efficiency. These market leaders seem to have greater insight into demand signals and market forecasts. Their supply chain is responsive to changing customer expectations. And these companies are better able to align inventory and supply plans with their customer service goals.
How do these leading companies achieve and maintain this competitive advantage? Benchmarking studies can help provide the answer. Studies examining supply chain operations reveal a strong correlation between supply chain performance and the adoption of industry best practices. But questions remain. What are those best practices? How can your company benefit from the lessons learned by industry leaders?