Six major changes are shaping supply chains of tomorrow: globalization, demand sensing and planning, collaboration with providers to enable innovation, shrinking product life cycles, and increased pressure from competition and product retirement compulsions and innovations that are cropping up as remanufacturing. Efficiently addressing these factors ensures higher value to the customer.
Unfortunately for many organizations, the process of improving and streamlining supply chains can be painful. The enterprise must deal with growing complexity that doesn’t necessarily always remain in its control. Management overheads and investment in technology and infrastructure are forced to grow. Often, in budgetary restrictive times, organizations can’t afford this. But far worse is the fact that delivery headaches grow, leaving the enterprise solving provider and logistics problems rather than focusing on business.