Michael Cobbin's Blog

Founder of Michael Cobbin & Associates

10 ideas from best-in-class supply chain organizations

Many leading companies have adopted these 10 best practices. Some may be familiar while others may be new to your company. Implement them all and you will have a strong foundation for supply chain excellence.

  1. Establish a governing supply chain council
  2. Properly align and staff the supply chain organisational
  3. Make technology work for you
  4. Establish alliances with key suppliers
  5. Engage in collaborative strategic sourcing
  6. Focus on total cost of ownership, not price
  7. Put contracts under the supply chain function
  8. Optimise company-owned inventory
  9. Establish appropriate levels of control and minimise risk
  10. Take green initiatives and social responsibility seriously
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This entry was posted on November 8, 2012 by in Supply Chain and tagged , , .
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