Improve operational excellence through on-demand workforce
According to the Global state of operational excellence report, 30.7% of operational excellence executives consider end-to-end supply chain transformation as their biggest challenge.
Bain & Co. estimates that companies failing to implement end-to-end supply chain transformation could lose as much as 30% of their margins by 2030. On the other hand, enhancing supply chain operations can lead to benefits such as improved customer satisfaction by 20–30% , reduced logistics cost by 10–20% and increased margins by 5-10%.
Beverage Co. is a leader in its category. Recently its rapid growth had caused it to expand the operations swiftly, leading to an unstructured implementation. Thus it embarked on a supply chain transformation drive, which enabled it to identify and maximize scale advantages with key suppliers and improve service-level through advanced analytics. This eventually led to a 20% decrease in cost per unit.
One way companies can accelerate their supply chain transformation is by allocating resources to understand their current state of activities. A global confectionery company recently utilized SCG’s on-demand workforce to map its current supply chain process and identify opportunities for optimizations. This helped them prioritize improvements based on core processes of the business, thus improving their capability to develop supply chain process activities by 3X. While a global chemical company utilized SCG’s on-demand workforce to identify a real-time tracking solution to improve its NPS.
WHERE TO START?
To accelerate progress, transformation executives need to break down problems in mini-battles and approach it in sprints.
StrategyCo. Global helps organizations accelerate development on pivotal corporate projects. Our trained and agile on-demand workforce participates in time-boxed sprints to help organizations achieve faster progress towards their strategic goals.
Book a meeting with us to accelerate progress on your development projects!
“On an average, agile workforce is 1.5 times more likely to report better financial performance than non-agile workforce, and 1.7 times more likely to report better performance on non-financial measures.” - Survey by Mckinsey
50% CXOs have reported more than 25% business disruption due to COVID-19 with the highest disruption in areas of revenue, supply chain and manufacturing. Under such crunched resources and cost pressures, the on-demand workforce can be considered an essential tool to improve business performance.
aicustomer centricityautomation industrypulp and paper industry
The year 2020 has made industry leaders rethink their operational and sales goals. Automation industry is no different in this respect, for instance, ABB saw a decline in orders by -4% (H1 2019-2020) while Valmet saw a decline in order volume by -2%. Thus going forward, the Automation industry will need to innovate on their solutions to weather this decline in orders.