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About Global Manufacturing and Supply Chain
The document discusses challenges that manufacturers face in managing increasingly complex global supply chains. It finds that while complexity can enable greater profits if managed effectively, most companies struggle with complexity, which hurts their financial performance. However, a small group of "Complexity Masters" have successfully harnessed complexity to boost profits by 73% through strategies like optimizing supply chains globally rather than locally, collaborating with customers, preparing for rapid innovation, and balancing flexibility with cost reductions while mitigating quality risks.
Detailed Information
| Author: | ['Vishwas Gupta'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 5 |
| Language: | English |
| Format: | |
| Price: | FREE |
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