HiTech Supply Chain Advisory Framework
Published Date:Nov 30, 2012
The objective of this paper is to lay a foundation for improved supply chain visibility to respond appropriately to the changing global scenarios. In essence, this will aid in reducing logistics costs & inventory levels, reducing cash-to-cash cycles, yielding higher inventory turns, improving forecast accuracy and other important performance indicators thus having more profitable operations.
This paper outlines a framework to revisit the supply chain of Hi Tech manufacturing companies and identify the key transformation areas as relevant to their business. Complications for supply chain in Hi Tech Industries could be significant as the supply chain is generally spread across multiple geographies and is primarily forecast driven. The framework discussed in this paper addresses the key issues and suggests means to streamline the irregularities.