INNOVATIONS IN

SUPPLY CHAIN MANAGEMENT

3
rd
semester

Prepared by.
Manish Tandon
Rishabh Jain
Sidharth Agarwal
Pooja kar
Abhimanyu









INNOVATIONS IN SUPPLY CHAIN MANAGEMENT
ABSTRACT
Supply chain innovation is important for companies of all sizes. It means looking at the
way a company applies its assets, operating resources, and capabilities to develop new
ways to satisfy customer needs. Companies should measure the value of innovations or
improvements by how well they help meet customer demands
Organizations are developing innovations across the entire supply chain continuum.
Some key areas of activity include the following:
Adapting. "The 'adaptive supply chain' has been the buzz over the last few years," Read
says.
Some organizations have moved beyond talking about an adaptive supply chain to
actually implementing one, putting in place the necessary technology, people, and global
operating models. This means companies will be operating with a global view of
demand, "and a supply chain process enabled throughout the world to satisfy that
demand," he explains.
Collaborating. "Collaborating with trading partners is one key area of innovation
today," says Read. In fact, supply chain collaboration has increased dramatically over
the past three years, according to a recent Accenture survey.
"Companies had been operating within their own borders, whether internally or around
the world," says Read. "Today, they are looking beyond their boundaries, collaborating
with their trading partners to collapse the time between sales and production or
replenishment."
Integrating. Breaking down silos and integrating functions helps companies develop
creative solutions. In companies that excel at supply chain innovation, "supply chain
managers and C-level executives usually have a good relationship," Langley says.
"Companies that conduct business in an integrated environment can be more
innovative."
"To transform the supply chain, companies need to have a strong desire for internal and
external collaboration," says Sundi Aiyer, principal and Americas supply chain
operations capability leader, Capgemini U.S., Dallas. "Transformation cuts across
departments and areas of focus within a company. It also usually links with the
extended enterprise, such as key suppliers, customers, and channels.
"Some companies talk about innovation; others deliver it," Aiyer adds. IBM is one
company clearly delivering innovation.
Areas for innovation
Supplier demand planning
Manufacturer demand planning
Wholesaler / distributor Inventory planning
Retailer Inventory planning
Consumer Value / Price
All these major points are connected with one or the other forms of transportation.
Production planning, ERP
Production Planning Demand Planning, Distribution planning, network modeling,
Inventory optimisation,
Warehousing and Distribution
Air Freight, Sea Freight, Sea Air, Road, Rail, multimodal