Before we begin our work in Supply Chain Advancement (SCA), we need to understand the prize for completing the work. That is, how much profit is being left on the table because we do not have advanced supply chain performance? This requires objectively understanding the current state of the organization, picturing the ideal future state, and setting realistic yet challenging, goals.
In this episode, Robert Martichenko, co-author of Discovering Hidden Profit, outlines four steps the C-suite can take to identify and set macro-level targets – the “true north” -- for extracting hidden profit.