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PRTM: Supply chain flexibility is new business imperative

from @Risk

Supply chain flexibility requires considerable investment, as well as a top-down commitment from C-level execs. However, that "extra" effort is proving very worthwhile, as companies that implement operational flexibility are now realizing significant business benefits, according to new survey results released recently by PRTM. Based on interviews with senior executives from 150 companies across industries, the new research identifies five specific "levers" that increase operational flexibility, drive revenues and cut costs. According to PRTM, companies that have implemented the five supply chain flexibility levers have achieved, on average, a 12-15 percent revenue increase while reducing supply chain costs by 8-10 percent. The following are a few survey results, grouped around PRTM's supply chain flexibility levers. more

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