Posted by Kelly Marchese and Benjamin Dollar on June 5, 2014
A company’s supply chain can be its greatest competitive asset or its weakest link. Its ability to efficiently and cost-effectively plan, source, make, and deliver goods is critical to meeting customer and market needs. Deloitte’s recent study of cross-industry Supply Chain Leadership explores the differences between Supply Chain (SC) Leaders — the 12% of companies rated by their executives as significantly above average in inventory turnover and percentage of on-time, in-full deliveries — and Supply Chain (SC) Followers — the remaining 88% of participants. In almost every area rated, significant differences emerged between SC Leaders and Followers, except one area: talent. Large majorities of both SC Leaders and SC Followers say they are already following leading talent practices. This surprised us. Can talent really be having little effect on supply chain outcomes? We were inspired to look closer.