Article

Supply chain leaders should take advantage of automation with the goal of carrying out real-time reporting with minimal manual input.

When supply chain and finance are connected with a collaborative relationship, supported by accurate data, it drives more accurate and profitable decisions, and supports organisational objectives.

Companies that lag are ignoring forecast accuracy metrics and missing insights generated from external data, which will be a missed opportunity to advance their future planning skills.

Trade promotions, an integral strategy for many manufacturers, CPG (consumer packaged goods), and retail organisations, are typically used to drive sales or increase demand for a brand’s products.

Supply chain planning must consider resilience, agility, and sustainability in addition to balancing supply and demand.

Senior leaders must set the foundational conditions for change; designing a sales model that aligns buying and selling.

A good business continuity plan should maintain trust with the customer during times of crisis, ensuring their requirements are met despite any disruptive events.

Prior to the pandemic, most organisations only focused on the top-tier suppliers, leaving many blindsided. It’s critical for organisations map and manage the entire supply chain, to understand the impact that disruptions can cause.

The best organisations know how to turn uncertainty into sustained growth. That relies on two elements, a clear view of the world and an adaptable plan to win.

Business continuity management has been around for a long time, but when done well, helps to maintain great relationships with customers during times of crisis, not just keep the business operating.