Best Value Supply Chains: Key Competitive Weapon for the 21st Century Case Solution

All leaders want their organizations to perform better, and look for ways to get there. This article focuses on how supply chains – the series of activities through which products and services are created and distributed to clients – can improve business performance. During the past two decades, most companies have full speed or cost reduction in their supply chains. In the current economic climate, however, a broader approach is needed. The main benefits of developing “supply chain value” as a tool to improve performance are described. These chains differ from traditional channels substantial resources. Best value supply chains are used by organizations as a central element of the strategy, not only as a means to move materials. Instead of focusing primarily on speed or cost, best value supply chains are designed to provide superior total value to customers in terms of speed, cost, quality and flexibility. Our thesis is that organizations develop best supply value chains and improve their performance. We support this claim with examples of large companies that reflect a best value approach.
by
Ketchen David Jr.,
William Rebarick,
G. Tomas M. Hult,
David Meyer
Source: Business Horizons
9 pages.
May 15 2008: release date. Prod #: BH279-PDF-ENG
Best value supply chains: A key competitive weapon for the solution of the case of the 21st century

Best Value Supply Chains: Key Competitive Weapon for the 21st Century Case Solution
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