Welcome to the Rob Clegg Medium blog. In today’s competitive business environment, there are numerous routes that can be taken when trying to improve supply chain management. Whether you are caught between small, nimble competitors and large, better-resourced competitors, mid-market companies are looking for ways to improve their supply chains.
A recent study by Deloitte found that companies that position their supply chain as a strategic asset deliver 70 percent better results than their peers and that 79 percent of “supply chain leaders” reported revenue growth “significantly” above the industry average.
In order to improve supply chain management in your business, you need to find the right people that have the ability to think strategically and create value says finance industry veteran Rob Clegg. Once you’ve found the right people, you’ll want to organize your supply chain to maximize their effectiveness.
Basic project management also involves three things: scope, schedule, and resources. So creating and maintaining a realistic schedule can set your organization up for success.
Supplier participation and acceptance are absolutely critical to any collaboration project. Regardless of your size, for long-term supply chain success, there must be benefits for all parties. Both sides need to feel they can depend on each other and they are more than a means to an end.
Business model innovations like improving your supply chain networks, processes, tools, and services are hard for your competitors to imitate, so they tend to have a more of a lasting, sustainable impact on your results.
Rob Clegg is a consultant, entrepreneur, and business founder in the finance and tech industry. Rob has over ten years of experience in raising funding, founding, and building and transforming businesses. He now focusses on the UK SME market helping small growth companies with product, marketing growth strategies, and turn around projects. Visit the Rob Clegg website here. Follow Rob Clegg on Facebook. Read the latest Rob Clegg news here
