Outperform Competition with a Parameter-Driven Value Chain
Supply chain management in modern business operations includes a complex network of processes involved in the production, distribution, and delivery of goods and services. The ever-changing dynamics of global markets, growing customer demands, and the complexity of modern business environments have stretched traditional supply chain planning methods to their limits. In response, companies should turn to a more advanced and adaptable approach by parameterizing their value chains end to end. By leaving traditional planning hierarchies in favor of this more synchronized approach, companies can respond effectively to market developments, customer demands, and supply disruptions.
In this thought paper, we will explore the concept of a parameter-driven value chain, and how it can offer companies a distinct competitive advantage, namely reduced supply chain cost, better service levels, and increased responsiveness. The following topics will be addressed:
- Reduce and manage complexity: improve supply chain agility
- Strengthen collaboration and alignment: build strong partnerships
- Improve end-to-end supply chain planning: achieve greater efficiency
