The toilet paper shortage of 2020 had a silver lining for supply chain management. Seemingly overnight, individuals, households, teams and organizations comprehended the criticality of supply chain, validating its value. And, many organizations have used this as an aha! moment to assess, innovate and strengthen their supply chain effectiveness. Show
As a supply chain professional and member of the Board of the Association for Supply Chain Management (ASCM), I have spent the majority of my career improving supply chain processes. Over the years, I’ve had several aha! moments, each one confirming that supply chain management impacts every aspect of a business… Customer experience. Profitability. Quality. Sustainability. Reputation. And more. Supply chain is a differentiator from your competition…IF managed proactively and effectively.That’s historically been a challenge for many organizations. And COVID-19 put the spotlight on any existing supply chain weaknesses. Recent research confirms this:
The good news? There are some key actions that can be taken to bolster your supply chain resilience and overall performance. AND there are resources to help along the way. Four Ways to Turn Your Supply Chain into a Competitive Advantage
Bottom-Line Business BenefitsEverything can be made better. Every company’s supply chain operations can be improved through well-established and well-executed supply chain practices that are continually being monitored, updated and refined with the latest developments and technologies. And clearly, the pay-offs are big. When you invest in your talent and strengthen your supply chain, you can measurably increase your competitive advantage and significantly improve business performance to achieve long-term, sustained operational excellence. Written by Lisa Veneziano. Track Latest News Live on CEOWORLD magazine and get news updates from the United States and around the world. The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine.Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook. Thank you for supporting our journalism. Subscribe here. For media queries, please contact: [email protected] CEOWORLD magazine - Top Stories - Executive Insider - 4 Ways to Make Supply Chain a Competitive Advantage tweet share on Facebookshare on Twittershare on Pinterestshare on LinkedInshare on Redditshare on VKontakteshare on Email Lisa VenezianoJuly 8, 2021Lisa VenezianoLisa Veneziano is a global supply chain and operations leader with extensive experience steering high-volume business transformations and optimizing performance in a variety of functions. She led Global Aftersales Supply Chain, Warehousing and Logistics for General Motors Customer Care and Aftersales, an organization of 95 warehouses in 21 countries, and serves on the Board of the Association for Supply Chain Management (ASCM). Lisa has a tenacious drive to win and is recognized as a leader of high-performance teams. Lisa Veneziano serves as an external advisory board member for the CEOWORLD magazine. You can follow her on LinkedIn. view all posts Post Covid World Challenge – Integrating YOU Into Organizations Successfully Scenario planning – Solving Your Future Business Problems, Big and Small UP NEXTExecutive Insider Anna PapadopoulosExecutive Insider Getting a paper published in a good journal is an accomplishment. It takes a lot of research, time, and analysis... Executive Insider Ayushi KushwahaExecutive Insider One of the most popularly opted professional certificate programs in the world is the Chartered Financial Analyst (CFA) program. In... Executive Insider Maria GourtsilidouExecutive Insider An indispensable aspect of research is Literature Review. It is always there unless you are not serious about the quality... C-Suite Advisory Ross MeyercordC-Suite Advisory The days of technology as an afterthought are gone. Technology is driving business outcomes like never before. Companies are being... CEO Spotlight Maria GourtsilidouCEO Spotlight Dr. Vasilis Gregoriou, the CEO and Executive Chairman of the Board of Advent Technologies Holdings Inc. is a distinguished scientist... |