Shared, pooled supply management
Learn about 10 proven templates and their benefits
In today’s increasingly competitive, unpredictable economy, the Supply Chain is an unprecedented growth driver. Optimizing it requires wide-ranging visibility and synchronization between all involved in the chain: client, vendor, and service provider. The time has come to initiate collaboration between stakeholders and pool the means to move from an individual value chain to a collective one.
Collaborative Supply Chain practices include pooled supply management—one of the best known and most common. The eason: study results on the benefits of pooling are quite promising: stock reduced by 30%, stockouts by 30%, transportation costs a whole 15% lower, a 90% backlog shrink, and sales increases of between 10 and 20%.
Beyond VMI, are a multitude of other alternative or additional practices that relate to collaboration. For a clearer vision and to help you find the approach best suited to your company, Generix Group consultants have revealed 10 models they’ve deployed with their clients.