08/03/2022 | Press release | Distributed by Public on 08/03/2022 04:14
The supply chain has always been an important function, but nowadays, it's much more front and center.
There are several reasons for this. For a start, business is more global than ever, but relocations will still happen. In addition, its increasingly online nature has changed expectations - not just those that consumers have of brands and retailers, but those that companies have of their suppliers.
Then there are long-term factors, such as the implications of climate change, pandemics, and geo-political crises - and then there are market forces, including not just competition, which is a constant, but less expected influences such as the global pandemic.
The forces acting upon supply chain models can perhaps be summarized under four headers:
How can supply chains be reshaped to address these new or growing challenges?
At Capgemini, we've identified what we believe are the six main pillars needed to develop an efficient, agile, resilient, and sustainable supply chain for augmented customer centricity. These pillars leverage assets across the Capgemini Group to drive business outcomes that include enhanced resilience, performance, customer centricity, and sustainability.
This involves segmenting end-markets and channels, and differentiating service offerings and design intelligent supply chain networks (including locations, inventories, and flows) right through the product lifecycle, while monitoring systemic risks over time.
The aim is to create a supply chain network that balances resilience, performance, and sustainability all along the value chain.
This means designing, building, and deploying intelligent forecasting and integrated business planning systems that can better anticipate customer demand, while optimizing services, stock levels, and enterprise performance management.
In this case, the aim is to achieve a sense of the enterprise-wide ecosystem, which can be used to improve granular forecast accuracy and constantly ensure relevant and consistent planning across all tiers of the business. In turn, this means they can better serve customers while improving company performance.
By designing, building, and deploying supplier scorecards - with resilience, performance, and sustainability as key metrics - and by also building collaborative platforms, overall supplier effectiveness can be constantly monitored and improved, from product design and sourcing all the way through to delivery.
Organizations need to optimize their operations, while providing a seamless, rewarding, and efficient omnichannel customer experience, from order intake to product and services delivery, all along the product lifecycle.
They can do this by architecting and deploying and integrating best-of-breed solutions and automation (RPA, IPA), from smart order management to agile warehousing and transportation - and by ensuring that supply chain functions are integrated from end to end.
When everything is both integrated and visible, it's easier to think of the strategy and the execution of supply chain operations as separate functions.
This means organizations can digitize and automate supply chain processes, and then outsource the operation to a trusted partner who can apply and maintain best practices.
In the meantime, they themselves can focus on higher levels of decision-making, as well as innovation and the occasional need for arbitration.
If organizations design, integrate and deploy cloud-based supply chain platforms, they can progressively provide end-to-end visibility, traceability, and advanced event monitoring capabilities, while deploying a consistent performance management system that addresses every participant in the supply chain.
Put these six pillars together, and work with a trusted partner that has relevant expertise in consulting, integration, operations, and data and cloud management, and you'll have an intelligent supply chain that can flex to meet the needs of your organization - delivering new levels of resilience, performance, customer centricity, and sustainability to your customers.
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