Strategic Operations Case Study
Consider the following to put together a 3- to 5-slide presentation that summarizes:
Use the first step in the 5Rs model to identify critical gaps and opportunities (i.e., where are you versus where you need to be).
The competitive rules in your industry and whether they are stable or changing
If your company is executing rules better than your rivals, then mention the areas where you need to improve by highlighting your companys strengths and weaknesses.
The top 3 action items for assuring your supply chain can win in tomorrows competitive marketplace given any opportunity to change the rules to better position your company for success.
Sample Solution
Slide 1: The Right Place - Identifying Gaps and Opportunities
- Current State:Â Analyze your current supply chain's geographic reach, distribution centers, and proximity to raw materials and markets.
- Gaps:Â Identify areas where your reach is limited or inefficient. Are there new markets you can't serve due to location? Are there cost-saving opportunities by shifting production or distribution centers?
- Opportunities:Â Explore potential new locations for production or distribution centers closer to growing markets. Consider nearshoring or reshoring strategies to reduce reliance on overseas suppliers.
Full Answer Section
Slide 2: The Competitive Landscape - Stable or Shifting Rules?- Industry Analysis:Identify your key competitors and their supply chain strategies.
- Competitive Rules:Analyze the current competitive landscape. Is it driven by cost, speed, innovation, sustainability, or a combination of factors? Are these rules stable or changing due to technological advancements, customer demands, or global events?
- Strengths:Highlight your company's supply chain strengths. Are you known for efficiency, agility, responsiveness to customer needs, or adherence to sustainability practices?
- Areas for Improvement:Acknowledge weaknesses compared to competitors. Do you struggle with inventory management, visibility throughout the supply chain, or adaptability to disruptions?
- Action Item 1:Focus on the Right Place. Based on identified gaps and opportunities, outline a plan to improve geographic reach or distribution efficiency. This could involve opening new facilities, investing in automation, or partnering with local suppliers.
- Action Item 2:Embrace Agility and Visibility. Invest in technologies that provide real-time tracking and data analytics throughout your supply chain. This will improve responsiveness to disruptions and optimize inventory management.
- Action Item 3:Sustainability Matters. Integrate sustainable practices into your supply chain. This could involve reducing your carbon footprint, using recycled materials, or ethically sourcing raw materials. By prioritizing sustainability, you'll attract environmentally conscious customers and gain a competitive edge in a market where these concerns are growing.