The Roadmap to Supply Chain Success
What if you had access to a realistic, achievable roadmap to improve your supply chain and operations? Waypost Advisors has an approach that works for our clients and addresses their unique realities and business nuances.
Defining the Road Ahead
Our first step toward an optimized supply chain is an assessment that defines the current state and identifies the root cause of dissatisfaction in the process. This may include everything from disengaged employees to high costs, inventory challenges, or the ability to adequately service customer needs.
Once existing challenges are defined, we work with you to identify a realistic future state to meet your needs without over-engineering a solution.
The initial assessment tells you where your journey begins, and where you would like to be. Unsure what a realistic future state looks like? We can point you in the right direction!
“All you need is the plan, the roadmap, and the courage to press on to your destination.”
Earl Nightingale
Better Practices, Not Best Practices
On the road to an optimized supply chain, we now make a deeper analysis of the current state. How and why did we get here? This information will serve to benchmark as we move toward an improved future state.
To achieve this, we create a set of “better practices” rather than best practices. While best practices may be the ideal destination, better practices allow your team to make smaller, more achievable progress in the short term. Afterall, you may not need to be best-in-class, and it may not be worth the effort to get there. You simply need to excel over your competition and focus on ensuring your business’s sustainability.
“If you wish to fly to new heights, begin by setting your sights on a destination you can reach and then create a flight plan, a map, that will be your guide.”
Betty Ford
Choose the Best Route.
The success of a supply chain initiative is frequently dependent upon the path you follow or the progression of activities. You must address critical paths to achieve certain goals. For example, you need a reliable production process before you can improve forecast accuracy, production scheduling, and inventory management.
Along the way, you may also need to make unexpected detours to address bottlenecks that come up. Identifying the improvement roadmap includes working on the right activities, in the right order, to create a foundation for success.
- Map out current state and areas of improvement
- Identify resources - both available and gaps
- Build a roadmap for improvement with discrete steps
- Focus on incremental improvements on the journey
- Don't forget change management practices - your team needs to be brought on the journey
- Promote accountability with the team and hold regular check-ins to help with obstacles
Reach Your Supply Chain Destination with Waypost Advisors
At Waypost Advisors, we work with companies that aim to improve supply chain management and execution. Our industry-experienced consultants specialize in providing expert guidance and support to businesses looking to optimize costs, minimize inventory, and drive pride in their teams. Our comprehensive approach leverages innovative technologies and industry “better” practices to help companies achieve measurable and sustainable results. By partnering with us, clients can streamline their operations, reduce inefficiencies, and enhance customer satisfaction. Contact Waypost Advisors today for your roadmap to supply chain success.