Developing, manufacturing and selling a product can challenge the best organizations in the best of times. As a company's business drivers change, business processes, SCM technology investment and the overall approach to supply chain management must change and keep pace. An inefficient and poorly functioning supply chain can negatively impact every aspect of an organization, jeopardizing the long-term performance and success of a business.
To remain successful, companies need organization-wide buy-in to supply chain excellence and some will need to re-evaluate their current processes and performance with these key trends in mind:
- Demand planning as an imperative
- Increased competition and price pressures
- Shortened and more complex product life cycles
- Collaboration between stakeholders
Companies that re-evaluate their business and how the current supply chain structure supports the business — from a strategy, process, technology and organizational perspective — must focus on keeping their supply chain aligned with the overall business strategy. To succeed companies must embrace supply chain excellence as a core competency at all levels throughout the company and recognize that supply chain management is executed in many areas, not just the functional supply chain organization.
About the Author:
Managing Vice President of Supply Chain Solutions
As the managing vice president of supply chain solutions for Hitachi Consulting, Tim Vaio is responsible for company-wide profitable growth and intellectual property development in the areas of supply chain strategy, process optimization and technology implementations.
Vaio has 17 years of business experience with a strong background in both industry and consulting. He has significant experience in business and IT strategy, strategic supply chain management design, sales and operations planning, logistics management, manufacturing management, supply chain management systems implementation and management, operations management, outsourcing and procurement.
His industry experience includes consumer products, food and beverage, high tech/electronics, industrial manufacturing and telecom equipment. Prior to consulting, he held supply chain leadership roles with two global manufacturing firms and was responsible for operations management and systems implementation.
Vaio joined Hitachi Consulting in 2000 and is based in Atlanta. He earned an undergraduate degree from Ohio State University and a master's degree in business administration from University of Nevada.