Supply Chain Management Challenges by Mr. Eric Donald Davenport
Mr. Eric Donald Davenport an International Supply Chain Management Expert, that brings more than 24 years of consulting experience, technology expertise, and a broad partnership network to help clients transform and operate global supply chains. Eric’s professional consulting services have help clients of all sizes create meaningful change for their customers, colleagues, partners, and communities.
Mr. Eric Donald Davenport Supply Chain Management Expert
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Supply chain leaders know that proper sales and operations planning is the foundation of efficiency and agility. But traditional supply chain planning processes often struggle to cope with the realities of today’s complex business environment. Once standard supply and demand forecasts do not reflect the growing trend of privatization, and major changes in demand patterns due to COVID-19 have outdated historical data.
Generally planning challenges include incorrect forecasts from multiple sets of books, limited visibility into demand drivers, and a growing number of inputs containing detailed data but no systematic way to capture it.
Complicating matters further are the silos that come with running a global business. It’s hard to achieve planning maturity across the board when every business unit in every geography has its own supply and demand cadence. Not to mention when different locations use their own metrics and amass data in a way that doesn’t benefit the whole business.
These problems multiply when you don’t use digital technology and its footprints. You’re missing opportunities for all-encompassing strategies that incorporate and harmonize planning across supply, demand, execution, and sales.
All these issues make it hard to develop and execute a sound SCM plan. They obscure the big picture your company needs to understand vital drivers of profit and growth. If you’re still forecasting supply and demand manually, for example, you won’t get accurate results. If you aren’t gaining insights, solving problems, or creating scenarios with data, you can’t course-correct — or grab opportunities — by making prompt decisions. And you can’t adjust prices quickly in response to the market, to risks, to service glitches, or to inventory that has aged out.
In today’s business climate, customer expectations are increasingly diverse, complex, and volatile. Potential markets and optimum manufacturing locations are continually shifting. With increased interdependencies at every level, supply chain networks have become more vulnerable to costly natural and economic disruptions.
Most companies respond to these pressures by making their supply chains flow agile, adaptive, and sustainable. They ensure that their supply chain strategy mirrors their overall business strategy. They know that the most effective supply management responds quickly to even small changes in demand — and relies on smart deployment and planned resilience.
Mr. Eric Donald Davenport helps companies reach their full potential and performance by improving the metrics that are critical to success: He begins by evaluating a company’s process flow and markets.
After that, he conducts a comprehensive diagnostic analysis that covers everything from a company’s strategy, network, and processes to its organization, systems, and people.
Eric and his team will provide a detailed implementation plan with three main key factors.
1. Exact Cost, such as operational expenditures
2. Time & Speed, such as order fulfillment lead time
3. Delivery, such as forecast accuracy
Working with an expert such as Eric Donald Davenport can keep you competitive in the open markets.