Growth is what matters – on Wall Street, Main St. and around the world. Supply chain executives need to embrace the vision of a supply chain that supports growth.
The biggest lesson learned from my experience in supply chain management is that managing trade-offs is a sure fire way to limit the potential of the supply chain as a driver of business performance.
The digital supply chain will be a supply chain that adapts. One that’s more agile and less brittle. One that’s self‐configuring and self‐optimizing. And one that’s adaptive and fault tolerant.
“Right” in manufacturing and supply chain is an always-evolving target. And if, through hard work, smarts and some providence, you do get it right, it won’t be long before you need to recalibrate.
2030. That is only 13 years, 4 months away. For manufacturers – and their supply chains – that time horizon is barely a blink of an eye when you think about the pace of innovation today.
Before supply chains were called supply chains, the motto of any good supply chain leader was simple: “Don’t f*%! it up.” If you took cost out of the supply chain, you got a bonus; if you shut the line down, you got fired.