Avicon offers "DNA" approach to compare supply chain with industry best practices for implementation plan
Waltham, MA — August 19, 2003 — Supply chain strategies firm Avicon has announced Avicon Supply Chain DNA, a new analytical framework for supply chain and financial performance. The company said its new approach identifies an organization's supply chain "DNA building blocks," compares them to industry best practices and builds an implementation plan to optimize three outcomes: profit margin contribution, cash-to-cash cycle time, and customer response time.
Based on Avicon's experience with supply chain leaders across multiple industries, as well as consultations with experts at academic institutions, the company said it has identified what characterizes best-of-breed supply chains.
Avicon said it analyzes an organization's supply chain utilizing its PICO framework, which assesses the supply chain from four different views: process; information; cash and organization. Avicon then configures the supply chain's "building blocks" into an operating system that is targeted to achieve an organization's specific business objectives.
"Each industry has its own 'DNA building blocks,' and each company within an industry has its own unique patterns of 'DNA building blocks,'" said David Demers, co-founder and president of Avicon. "By mapping an organization's supply chain, we are able to assess a client's current supply chain capabilities, determine where they are in the 'DNA evolution,' form appropriate patterns and groupings, and develop an implementation plan that will enable them to achieve their supply chain goals."