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Supply Chain Improvement – Do you know what you need?

Well you may think that you know what you want, but do you really know what you need?

If you are going to invest time and money in improving things in your supply chain, how do you know which things you should be improving?

How do you know which things will make a real difference to the business?

It’s not enough to know which processes and practices could be better. You must understand which processes and practices actually matter.

  • Attempting to optimize the wrong processes and practices will lead to no measurable improvement in desired business results.
  • Attempting to optimize all processes and practices is simply dysfunctional and is not achievable.

Both approaches are a waste of time, effort and resource.

To really know where to focus your effort, you need a two-pronged approach as follows:

  • A clear understanding of the practical capabilities that will really deliver the results of the declared strategy of your business.
  • An objective benchmark of the current state of the processes and practices that underpin these strategic capabilities.

Once you are clear on both of these points, then you are in a position to commit your time, money and resources to improvements that will achieve the desired results - not before.

Here are the business benefits of this approach:

  • The current state of every process and practice that matters is benchmarked on a scale vis-à-vis industry best practice.
  • Specific measures and metrics can be developed to track and manage improvements in these attributes.
  • Improvements can be prioritized and targeted where they will deliver maximum business benefit quickly.
  • The investment in every improvement initiative can be evaluated explicitly against the value that it will provide in real business outcomes such as quality, profitability, compliance, capacity and capability.

If you want to get started now, contact Patrick Daly on +353 86 811 6030 and pdaly@albalogistics.com

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