Do you know which supply chain investments you should green-light to avoid cost and risk in 2024? Finalize your 2024 supply chain plan & budget with our new supply chain strategy guide: GartnerSC SupplyChainPlanning
Supply chain strategic planning is the process by which supply chain leaders define the function’s objectives, align key performance metrics and put into action the initiatives that will enable progress from the current state to the desired state.Define supply chain’s goals and take actions to meet objectives.What’s the importance of strategic planning in supply chain?
Shortages of consumer and healthcare goods during the onset of the COVID-19 pandemic illustrated the perils of relying solely on efficiency to drive supply chains. COVID-19 may have been the wake-up call, but many other national or global disruptors — including climate change, natural disasters and trade tensions — loom on the horizon. Supply chain strategic planning allows you to assess the value of supply chain capabilities, not just supply chain optimization.
To achieve global supply chain management success, develop a comprehensive view of organizational, economic and political landscapes up front, and define a list of decision factors that will guide project trajectory. On an ongoing basis, reevaluate and update the strategic plan.
Decide and commit: With supply and demand sense capabilities, orchestrating end‑to‑end supply chains and making profitable promises to customers Demand response: Logistics and fulfillment processes that enable companies to give customers the products and services they wantThe best supply chain strategic plans identify select initiatives that will drive enterprise ambitions and commit the capacity necessary to execute successfully. Take these steps to ensure your strategic planning process is productive, adaptable and tied to enterprise goals.
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