Managing the Digital Time Zone - Sponsored Whitepaper
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Suppliers are generally burdened with some extraordinary time scales when they 'own' the product. Recently, outsourcing and other procurement strategies have reduced these financial touch points. But changes in technology and a new spirit of knowledgeable collaboration is required to make this Second Decade perform.
Every year, and sometimes several times a year, we get asked by our clients to help with their multi-tier supply chain challenges. And no wonder. Suppliers are generally burdened with some extraordinary time scales when they „own‟ the product. Recently, outsourcing and other procurement strategies have reduced physical and financial touch points to some degree. But the fact remains that the span of control, or orchestration of value creation, is still their responsibility. And the brand companies have the most to lose if the overall cost and effectiveness of the supply chain is not managed well.
The trick is to reduce not just the physical but also the information cycle times, by mastering the digital time zones. Long-time friends will see some things they recognize here.
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