Understanding Supply Chain cost drivers.
Understanding the cost drivers in the supply chain has always been a major issue for organisations. It is critical to gain transparency of costs in the supply chain but for many organisations this proves difficult and elusive. In order to manage effectively, the relationship between service and cost needs to be clearly understood to enable profitability of all the elements in the supply chain. In this blog I thought it worth revisiting the fundamentals of “Cost to serve” and “Supply Chain Finance”.
Professor Richard Wilding OBE - Supply Chain & Logistics Expert | Professor at Cranfield School of Management | Consultant |Author | Speaker | Researcher | Trainer
Innovating the Global Supply Chain