Supply Chain Strategies
We can no longer think of supply chains as linear models, or logistics as process flows. Supply Chain and its correlative Logistics are complex networks – the products and information flows travel within and between nodes in a variety of networks that link organizations, industries and economies.
Holistically, there is only limited value in separating supply chain and logistics into management hierarchies, with supply chain at the top of the organizational pyramid and logistics providing support. SCL is a business eco-system that has evolved in the 21st Century to reflect the increased complexity of world trade – highly competitive, super connected and changing fast, amidst a volatile global environment.
Fundamentally, we buy; we transport; we warehouse [deploy]; we replenish [inventory]; we distribute; we deliver in an international trade environment [import/export]. Strategically, SCL Eco-systems are business enablers, revenue drivers and competitive differentiators. Competition has been redefined: competitors not only have to duplicate or produce better core products, but they must also compete against the entire system of independent complementors and suppliers that form a company’s value network. It is no longer product vs product but supply chain vs supply chain.
Twenty-first-century supply chains have transformed into worldwide inter-connected supply-and-demand networks – exposed to the vulnerabilities of our uncertain world – and with profound interdependencies.
— Mark Miller, How Supply Chain Drives Competitive Advantage, May 4, 2017
SCS – COMPETITIVE ADVANTAGE consists of two online modules that provide a strategic perspective on 21st century challenges in the global SC landscape. The modules are self-directed, and three months are provided to complete both. You will be working at your own pace within the three months.
In this first module, you will focus on SCL Ecosystems in terms of Competitive Advantage and Value Creation, exploring dynamics that contribute to a company’s competitive advantage. Content is designed to help you meet the challenges of 21st Century SCL eco-systems.
This module helps you explore Supply Chain Logistics as a business enabler, revenue driver and competitive differentiator, starting with the two key factors in competitive advantage – cost and differentiation. It helps you build a strategic thinking mindset focused on market differentiation, the demand for operational efficiencies and global competitiveness.
This module is delivered as a series of video lectures, and key topics include:
- Strategic POV: Competitive Advantage
- Market Dynamics
- E-Commerce and e-Supply Chain Logistics
- Disruption: Amazon Effect
- Perspectives: strategic, customer-based, market and trade-off
Applying your own experiences to the learning, you will build a Supply Chain Strategies portfolio using the workbook provided.
The second module steps up the Supply Chain Leadership challenge, with a focus on SCL Ecosystems on being organizationally responsible and accepting 21st century Leadership issues.
The challenge is for Supply Chain Logistics professionals to rethink everything. With the emerging “brave new world” of Big Data, this is even more critical. Value is based on knowledge exchange along complex highly interconnected global webs. The shift is immediate and far reaching: from transactions as the primary business goal to creating knowledge-sharing networks as the primary business goal. The challenge is to develop contextual intelligence shared across Supply Chain Logistics Ecosystems, as a strategic decision model, and competitive advantage is the ability to navigate complexity, uncertainty and ambiguity.
This module is continued as a series of video lectures, with a focus on:
- Business Engagement Architecture
- Dynamics of Responsible Supply Chain Logistics: Flow, Capability, Discipline
- Circular Economy: Reverse Logistics
- Market Dynamics: Disruptive Innovation
- Disrupting SCL: Big Data
- Capacity to Lead
- Leadership Decision Tools