Skip to main content

Next-generation supply chains: Efficient, fast and tailored

PwC recently published a new survey about the "Next-generation supply chains: Efficient, fast and tailored".

Following are some key statements:

Companies that beat the competition on supply chain performance also achieve significantly better financial results. Supply chain Leaders deliver on time in full (OTIF) on 95.7% of occasions and have an impressive 15.3 inventory turns, while the Laggards achieve only 3.8 turns. That means greater efficiency and customer satisfaction without driving up working capital — essentially, having it all. Those are metrics that really impact the bottom line; the Leaders in our survey enjoy average earnings before interest and taxes (EBIT) margins of 15.6%, whereas the Laggards can manage only 7.3%.

But, surprisingly, only 45% of respondents say their companies view the supply chain as a strategic asset, and just 9% say the supply chain is helping them outperform their peers. That needs to change, because better supply chain efficiency has a measurable impact. Supply chain managers across the globe need to step up to their top management and claim their rightful place as one of the major elements in the success — or failure — of their company.

arviem can only support these findings from its work with clients and monitoring in real-time their shipments. In average arviem can contribute to a cost reduction in the suppyl chain of 7%.
We are happy, that our happy clients and an independent survey confirm our business.

Comments

Popular posts from this blog

Networked Supply Chains Require Better Visibility

As manufactures and retailers increasingly depend on extended rosters of sourcing companies, the resulting networked supply chain requires improved visibility. Importers are using multiple sourcing vendors to improve their ability to respond to market demand and opportunities. With this increased sourcing agility comes the increased risk of delivery failure due to a supply chain disruption and, concurrently, the increased importance of visibility into each step of the supply chain. The ability to in real time identify the location and status of the sourced goods gives the importer the ability to fine tune its distribution channels, its inventory management and its ability to fulfill commitments to its end users. The ability to real time monitor the status of goods requires a combination of container based technology, back-end business applications and an extended network of logistics fulfillment partners. In response to this emerging demand, many companies are offering RFID, GSM and si...

arviem and KeyTone unveil strategic partnership

KeyTone and arviem unveil strategic partnership to deliver trade monitoring and management services for global supply chain visibility Cupertino, CA, February 09, 2011: KeyTone Technologies, a recognized leader in RFID and other sensor-based solutions, announced today its strategic partnership with arviem to deliver ”in-transit” trade monitoring and management services to Fortune 1000 companies around the globe. The partnership has resulted in deploying a managed service offering targeted at companies engaged in global trade transactions worldwide. This service offering is now supported by the release of a new comprehensive software platform to enable easy web based monitoring, analytics and reporting. Managing logistics operations for a global supply chain is challenging. The ability to track, trace, monitor and respond to events throughout the transit of goods would ma...

Embracing Chaos: The Key to Antifragile Global Supply Chains

  Introduction In the intricate dance of our global economy, supply chains serve as the connective tissue between producers and consumers. Yet, these sprawling networks are far from simple. In an unexpected twist, injecting a dose of controlled chaos into supply chains can enhance its efficiency. Resilience vs. Antifragility: A Paradigm Shift Resilience is the ability to rebound from adversity. On the other hand, antifragility is a concept that transcends mere survival; it's about thriving in the face of chaos, learning, and evolving through experience. In simpler terms, resilience is about weathering storms, while antifragility is about harnessing those storms to become more robust and adaptable. It's the ability to survive unpredictability and flourish because of it. Crafting an Antifragile Supply Chain So, how do you make a supply chain antifragile? The answer is deceptively straightforward: introduce calculated chaos. Deliberately subjecting the supply chain to controlled s...