4 Supply Chain Strategies you’re missing out on, yet they’re sitting right in front of you.

It’s time to leave the apartment to a friend’s birthday party.

My girlfriend and I are already running late, the bus runs every 30 minutes, it takes 5 minutes to walk there, and we have only 7 minutes left.

“Where’s my keys?” I bellow frantically, in the hopes that my girlfriend had seen them somewhere. Ruffling around in the drawer of our hallway’s bureau, I start flipping over every piece of paper and gum wrapper that could be covering them.

From the frame of the doorway I hear a sigh of discontent, and seconds later I see a darting hand reach in front of my face.

“Here,” remarks my girlfriend completely unenthused.

The keys were sitting directly on top of the bureau, directly in my line of vision, directly in front of my face, but I couldn’t see them. I was so incredibly fixated that they were somewhere else, so incredibly focused on looking in the less obvious place that I had lost sight of the obvious.

I know I’m not alone in my sharing of this personal anecdote. Whether it’s a wallet, keys, hairbrush, or cellphone; 100% of the individuals reading these words have experienced this exact same moment of looking frantically for something that’s right in front of your face.

As often as this situation can arise in an everyday-personal capacity, it’s equally as likely to happen in a business-professional setting. We as professionals sometimes get so caught up in what we’re doing; solving the trivial problems of today so tomorrow can be manageable. But in the end, we lose sight completely of long-term solutions, which is a real shame because sometimes, the answers are sitting right in front of us.

This is: 4 Supply Chain Strategies you may be missing out on.

1. Accepting the Digital Transformation of the Supply Chain

Recent projections have shown that Supply Chain tech’s market value will reach $13B this year and is on pace to exceed $19B by 2021 (Supply Chain Digital 2017).

This trend is present for good reason.

At a time when stakeholders demand for transparency, traceability and sustainability is at an all time high, global brands have turned to technological advancements to cope. Integrating daily supply chain operations, educating less tech-savvy management teams, and adjusting strategies to match the capabilities of continuously emerging SCM tech is a great task for any organization, but a necessary one...

READ FULL ARTICLE HERE