Supply Chain
No one disputes the economic impact of supply chain management. But for the most part, initiatives to improve supply chain processes to date have fallen short of expectations. Part of the reason may be that the execution of these programs is flawed or is inadequately planned by people who don't possess the right training and skills. Some common supply chain mistakes and guidelines to prevent them are presented. They are: 1. always viewing the supply chain as a chain, 2. continuing to do business as usual, 3. having the wrong idea about control, 4. failing to synchronize demand and supply signals, 5. believing that technology is the real enabler, 6. failing to gain real visibility, 7. adopting a one-channel-fits-all approach, 8. misreading the people factor, 9. not leveraging global elements of supply chain operation, and 10. underestimating the size of the transformation task.
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