Why & How to Measure Success of Value Creation in Supply Chain?
Supply Chain: Why and How to Measure Success of Value Creation in Supply Chain? By: Vijay Sardana Based on my experience with various organizations, it is becoming clear that many problems related to supply chain and poor service quality is created by companies’ own team either due to ignorance, careless and their personal convenience at the cost of companies interest or taking many strategic issues lightly by ignoring the facts on ground due to lack of interest or understanding of the subject. Many Supply chain issues don’t impact cash flow immediately but gives a cumulative impact which comes as shocking surprise to many. Analyze the supply chain in your organization Purchasing and strategic sourcing has become top-of-mind activity for the senior executives of the FMCG and other consumer oriented companies. Effective supply chain management has therefore emerged as a crucial as well as of strategic advantage for businesses. The increasing competition due to globalization