Supply Chain
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Title: Supply Chain

Essay Details:

Subject: Business
Author: Todd L
Date: March 6, 2015
Level: University
Grade: A
Length: 15 / 4435

Essay text:

From the perspective of one veteran practitioner and consultant, here are the ten most common mistakes that companies make when trying to enact meaningful change in their supply chains. No one disputes the economic impact of supply chain management. Study after study has linked supply chain performance to shareholder value and shown that total supply chain costs account for more than half of the finished cost of a typical product. Rut for the most part, initiatives to improve supply chain processes to date have fallen short of expectations. How else can you explain why inventory has continued to grow at a 3-pcrccnt compound annual growth rate over the last decade? And why 30-percent of new consumer goods products lail to meet basic financial returns? Part of the answer may be that the execution of these programs is flawed or is inadequately planned by people who don t possess the right training and skills...

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