"For those who persevere and those who use a structured approach, the gains are significant and can often come quickly," Jim Matthews, Principal, Oliver Wight Americas, Inc.
New London, NH (PRWEB) March 04, 2013
In this white paper, another in the Oliver Wight series of informative guides on industry best practices, Matthews argues that implementing a structured approach to collaborative improvements in the extended supply chain is the most reliable and productive method of satisfying customer demands and improving cost and inventory performance. “For those who persevere and those who use a structured approach, the gains are significant and can often come quickly,” Matthews said.
For instance, Matthews posits that when teams throughout the supply chain agree to use the Collaborative Planning, Forecasting and Replenishment (CPFR®) process, information is shared, trust is built, and key issues are more easily resolved. Joint visibility between suppliers and their customers fosters trust, understanding and, ultimately, the potential for sustained business gains for all involved.
About the Author
Jim Matthews has more than 25 years of industry experience in general management and demand and supply chain planning, working with such companies as IBM, Research in Motion, Lucent, Consumers Glass, Storeimage, and Brightstar. His experience includes participation in initiatives applying collaborative practices to identify opportunities and improve performance across the Extended Supply Chain. Jim is known for his partnership at all levels, his passion for client success, and for effectively leveraging best practices and teamwork to deliver sustained results. He is a frequent speaker at industry conferences. Jim joined Oliver Wight Americas in 2012 as an educator, consultant, and coach.
About Oliver Wight Americas
Oliver Wight Americas’ principals have been both thought leaders and hands-on practitioners in manufacturing for more than 40 years. As a global business management consulting and education firm, the company specializes in helping organizations work smarter, faster, and better than their competitors. Our principals are seasoned professionals who have real-world manufacturing experience. They are able to transfer this knowledge to the people at all levels of an organization, providing tools to help organizations internalize that knowledge and achieve a competitive advantage in the marketplace. The largest worldwide consultancy of its type, Oliver Wight has offices throughout Europe, North and South America, and the Asia/Pacific Region.