You know when your supply chain isn’t working. You can see it when your costs are getting out of control, when your inventory levels are not in line with demand and when your customers aren’t happy. But most supply chains are so complex that it’s difficult to pinpoint specifically what needs to be improved.
Effective procurement and supply chain management is critical to your success. As recent economic turmoil and natural disasters have shown, you need to think strategically about where your products are produced and about how they will be delivered. You need to fully understand all risks to your supply chain – and what you will do if a significant event disrupts your operations.
To make your supply chain more flexible and more resilient to risk, you need to evaluate your product from the ground up – from where it is produced to how it is delivered. Involve your business units, your suppliers and your customers. Understand what is most important to each of your stakeholders, and then modify your procurement and supply chain processes to meet these needs. Before you begin making changes, ask yourself:
How PwC can help
Our Procurement and Supply Chain Transformation team has experience across all aspects of the supply chain – from forecasting and planning to logistics and warehousing. We can help you:
Contact us today to find out how we can help transform your procurement and supply chain.