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Supply Chain

Stay up-to-date on the latest Supply Chain Optimization
communications here: MEP Supply Chain.

Supply Chain Optimization

Risk is everywhere. It doesn't sleep. It often shows up uninvited and at the most inopportune time. Through the NIST-MEP Supply Chain Optimization program, IMEC technical specialists provide a step-by-step roadmap to help manufacturers address risk, increase visibility, and create supply chains that function at optimum capacity.

 

We'll show you how to apply constraint theory concepts that address risk, and account for total cost of ownership, so you may make informed sourcing decisions that increase the flow of products from suppliers to customers using a value system model. It begins with a look at the Roadmap to Supply Chain Optimization to understand the step-by-step components to true strategic success.

Alignment. Knowing and understanding the client's supply chain maturity is the first step in the journey. Remove limitations by applying Theory of Constraints concepts and set strategic objectives to achieve company goals and objectives.

NEXT STEPS:

Executive Engagement

Visibility. Defining a strategy is an opportunity to account for the different attributes of a client's industry, including plans for managing risk and gaining perspective through Total Cost of Ownership methods. By assessing supply chain visibility and aligning the supplier/partner metrics simulataneously, the big pictures becomes clearer.

NEXT STEPS:

Partner Engagement

Risk Management

Total Cost of Ownership

Collaboration. Sharing and communicating the strategic objectives and how they align with performance metrics, throughout the supply chain, increases the relationship values among suppliers/partners. It now becomes easier to set forth the optimization plan where improvements are mapped and can be strategically tackled.

NEXT STEPS:

Partner Engagement

Risk Management

Total Cost of Ownership

Optimization. Supplier assessments and performance measurements set expectations/deliverables for internal optimization throughout the value chain. Apply strategic decisions or incorporate initiatives in sustainability or strategic sourcing for visibility and alignment at every level for an iterative approach to competitiveness.

NEXT STEPS:

Risk Management

Total Cost of Ownership