CREDIT: O9 SOLUTIONS
THREE STRATEGIES FOR BUILDING A MORE RESILIENT SUPPLY CHAIN NETWORK INCLUDE:
1. Implementing integrated planning across functions by aligning demand, supply, inventory and financial plans so the organisation isn’ t optimising one area while creating risk in another.
2. Facilitating decision velocity with clear playbooks that include pre-defining trigger points and actions, such as when to re-source, re-allocate inventory, adjust service levels or change production plans so teams can act fast, rather than debate.
3. Improving continuous sensing and re-planning processes by using fresher data signals and more frequent plan updates so the plan evolves with reality, not last month’ s assumptions.