Happened to read a nice survey from McKinsey and company about the leading practices in Supply Chain Management that are practised by the leaders across diverse industries and market segments.
Here is a brief analysis of the practices,
1. Supply chain strategic alignment
2.Segmentation to embrace the complexity that matter
3.A balanced and forward-looking design
4.A lean, end-to-end value chain
5. World-class integrated planning
6.The right talent, accountable for performance
The above mentioned indicators reflect a trend that is developing towards development of solutions and implementation of the strategies to excel in operations. Supply chain efficiency also has a direct impact on the financial performance of the company. Some make or buy decisions have a disproportionate influence of quarterly performance of the companies. After analysing the trends its clear to me that, a great amount of expectations for earnings, profit margins and other financial metrics would depend on the supply chain performance of the company.
