TITLE

Adaptive Supply-Chains

AUTHOR(S)
Platts, Richard
PUB. DATE
April 2002
SOURCE
Logistics & Transport Focus;Apr2002, Vol. 4 Issue 3, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the importance of adapting an adaptive supply chain management system. Thinking in supply chain excellence has moved through a number of stages of maturity. Many organizations move through these stages as their supply chains evolve. The first stage is recognition of the supply chain as a discrete functional area within the business. The next stage is to integrate the separated functional areas into one formal supply chain management group. The third stage of supply chain maturity is the adaptive chain supply. Here there is great emphasis on the management of truly collaborative relationships with customers and suppliers. The adaptive chain supply thinking is based on a number of concepts. The first is that of the realization that markets are segmented. The second concept is that of available to promise and capable to promise aspects. The final concept is to consider the relationships in the market. Adaptive supply chains are now in use across a number of large and small corporations. Some of the benefits seen from clients were discussed.
ACCESSION #
11577223

 

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