3 Steps To Align Critical Supply Chain Activities With Corporate Strategy

September 30, 2022
By Ron CrabtreeSeptember 30, 2022

A warehouse manager uses a tablet to align supply chain activities with corporate strategy

Aligning your supply chain with your corporate strategy isn't easy. It takes time, effort, and commitment from everyone involved—the right people and appropriate timing. But it's worth it! If done right, your company will see improved performance and lower costs.

Learn three key steps you can take to align critical supply chain activities with corporate strategy:

Step 1 - Know Where You Are and Where You Want To Go

It's critical that you understand your current state and identify gaps between where you are and where you want to be. You should define the desired state for your supply chain, which could include a clear understanding of:

  • The business objectives related to cost reduction, quality improvement, or increased customer satisfaction.
  • How each activity contributes toward achieving those objectives
  • How you measure and monitor performance.
  • The roles, responsibilities, and accountabilities of each stakeholder.

In addition, evaluate your organization's standing with the set of questions outlined below. Don't fret if it's a bit off the mark. The whole process is iterative. Therefore, you can always work on improving.

  • What is the level of engagement of your upstream suppliers in product and service design? Think Design for Six Sigma, Design for Logistics, and the like. Ideally, product and design involve suppliers. As a result, you are guaranteed top quality, sustainability, and market relevance.
  • To what extent does your organization share advanced financial information with trading partners? The best scenario is when all partners share appropriate financial information freely, seamlessly, and in an environment built on trust.
  • How integrated is IT across your supply chain and organization? It's not just about having Supply Chain Management Systems or CRM. Instead, you need to determine whether they are linked. Ultimately, the goal is to provide a single source of truth/ data.

As a result, pertinent information is shared seamlessly among all stakeholders, and the ideal standard is reached.

After answering these three questions honestly, you will be able to determine where your organization stands. In turn, you have completed a crucial step in aligning critical supply chain activities with corporate strategy.

Step 2 - Develop a Custom Plan That Addresses Gaps

This plan should include a review of your current processes and procedures, as well as estimates for any necessary changes. In addition, you must consider the impact of any gaps on your customers and employees.

Once you have developed a plan, it is essential to implement it smoothly and evaluate its efficacy regularly. 

Step 3 - Enlist Supply Chain Partners To Help You Along the Way

Aligning critical supply chain activities with corporate strategy involves numerous moving parts. Without partners, the task is insurmountable, to put it mildly. To do this effectively, you must:

  • Find the right partners. This involves establishing a partnership with an industry-specific organization, hiring consultants, or working directly with your customers and suppliers on specific projects. If possible, find multiple organizations that are aligned with your goals and objectives. As a result, they can work together as a team toward achieving your mission. However, don't forget about internal stakeholders! They, too, have something valuable to contribute toward achieving those goals.
  • Create a feedback loop between customers, suppliers, and internal stakeholders. Engage all three groups in identifying challenges, brainstorming solutions, and implementing them. As a result, you will help ensure that the final product meets your goals while also providing an opportunity for all parties involved to receive recognition for their contribution.

Align Your Supply Chain

Supply chains are critical to the success of any business. Everything must be delivered on time and at a cost that meets or exceeds expectations. And by "everything," we mean from raw materials to customer delivery. That is a daunting task. However, it must be a main focus. Otherwise, an organization can not maintain its competitive edge.

Need help? MetaExperts focuses on finding interim and contract-to-hire experts. As a result, our clients quickly overcome their most daunting business challenges. Tap into our network of 900 vetted MetaExperts to align your supply chain activities with your corporate strategy.

About Ron Crabtree

Ron Crabtree, President of MetaOps, Inc., is an organizational transformation coach/trainer, operational excellence (OpEx) adjunct facilitator at Villanova University, Lean and Six Sigma (LSS) speaker, author and thought leader in business process improvement/re-engineering (BPI/BPR). He is a consultant to private industry and government agencies in supply chain management, design of experiments (DOE), statistical process control (SPC), advanced quality systems (AQS), program evaluation review technique (PERT), enterprise resource planning (ERP), demand flow, theory of constraints, organizational change management, and value stream/process mapping and management. Ron has a BA in Management and Organizational Development, is a Master LSS Black Belt, and is Certified in Production and Inventory Management (CPIM), Integrated Resource Management (CIRM), and Supply Chain Professional (CSCP) by American Production and Inventory Control Society (APICS). If you are an executive and would like to chat with Ron about anything related to business process improvement and operational excellence, please get on his calendar here: http://bit.ly/ExecutiveChat

Spotlight

Ready To Get Started?
Schedule a Call Now

Get MetaExperts™ & Get it Done Now

With one phone call, email, or clicking a link schedule a time to speak with the MetaExperts™ sourcing expert. You are just minutes away from getting your improvement initiative started or re-energized.

Contact NowBecome a MetaExpert

©2021 All rights reserved, MetaOps, Inc.

Address

Corporate Address:
10343 RS Avenue
Mattawan, MI 49071
Canadian Address:
168 Beaconsfield Blvd, Beaconsfield, 
QC H9W 4A1
Mexico Address:
Circunvalación Sur 115A, Int. 6, Las Fuentes
Zapopan, Jalisco, Mexico, 45070

Support

734-425-1455
experts@metaexperts.com
envelopephone-handsetchevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram