MANAGING in the

NEW WORLD

Some ways have been identified which if used effectively, can help weed out the blind spots, that invariably creep up in the supply chain. First of all, new technology needs to be used to track business intelligence on material and stage of supply. Then, incentives for unauthorized subcontracting need to get eliminated. Apple has now implemented such as humane supply chain to ensure such unauthorized subcontracting not take place. Lean manufacturing needs to be tried at various levels, across the chain to minimize wastage of resources. Nike for instance found great success in such implementation. Even when things go wrong, supply chains thrive on continuity. So, one needs to be consistent before effecting the desired changes.

Source:http://mitsloan.mit.edu/ideas-made-to-matter/4-ways-to-handle-supply-chain-blind-spots?utm_source=mitsloantwitter&utm_medium=social&utm_campaign=supply

Uploaded Date:10 January 2019

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