Achieving strategic fit allows companies to balance responsiveness and efficiency to meet customer needs in the face of several obstacles. These obstacles include increasing product variety and customization demands from customers, decreasing product life cycles, more demanding customers, fragmentation of the supply chain, globalization making coordination more difficult, and difficulty executing strategies. Overcoming these obstacles presents opportunities for improvement and supply chain management is increasingly important for business success or failure.
Achieving strategic fit allows companies to balance responsiveness and efficiency to meet customer needs in the face of several obstacles. These obstacles include increasing product variety and customization demands from customers, decreasing product life cycles, more demanding customers, fragmentation of the supply chain, globalization making coordination more difficult, and difficulty executing strategies. Overcoming these obstacles presents opportunities for improvement and supply chain management is increasingly important for business success or failure.
Achieving strategic fit allows companies to balance responsiveness and efficiency to meet customer needs in the face of several obstacles. These obstacles include increasing product variety and customization demands from customers, decreasing product life cycles, more demanding customers, fragmentation of the supply chain, globalization making coordination more difficult, and difficulty executing strategies. Overcoming these obstacles presents opportunities for improvement and supply chain management is increasingly important for business success or failure.
Achieving strategic fit allows companies to balance responsiveness and efficiency to meet customer needs in the face of several obstacles. These obstacles include increasing product variety and customization demands from customers, decreasing product life cycles, more demanding customers, fragmentation of the supply chain, globalization making coordination more difficult, and difficulty executing strategies. Overcoming these obstacles presents opportunities for improvement and supply chain management is increasingly important for business success or failure.
responsiveness and efficiency that matches the needs of its target customers. Increasing variety of products Customers demanding ever more customized products …. Decreasing product life cycles Today there are products whose life cycles can be measured in months ,compared to the old standard of years. Increasingly demanding customers Customers are constantly demanding improvements in delivery lead times, cost and product performance. Fragmentation of supply chain ownership Most firms have become less vertically integrated. as companies have shed noncore functions, they have been able to take advantage of suppliers & customer competencies that they themselves did not have. Globalization Adds stress to the chain, because facilities within the chain are farther apart, making coordination much more difficult. Difficulty in executing new strategies Once the good strategy is formulated , the execution of the strategy can be more difficult TO CONCLUDE… Overcoming these obstacles offers a tremendous opportunity in terms of untapped improvement with in supply chain. the increasing impact of obstacles has led to supply chain management becoming a major factor in the success or failure of firms. “When obstacles arise, you change your direction to reach your goal;you do not change your decision to get there.”