Supply chains are under enormous strain. The reason for this can range from geopolitical conflicts to trade disputes and natural disasters – to mention a few. To cope with these constant challenges, organizations must ensure that their business develops and improves. It is important that the organization work under a culture where continuous innovation and cross-functional collaboration always takes place with regard to the entire value chain. In general, organizations should start from the needs of the end customer, but should also take into account everything from factories to warehouses and backend technology.
"We at PwC help you improve your supply chain across all the links based on strategies where the entire chain is included, from the planning stage to the end customer, from the drawing board to the factories. The entire chain, all the way, all the time."
We develop tailor-made strategies that give you the very best conditions to operate effectively in the market and that are in line with your organization’s strategic objectives, in both the short and long term. The focus is always on customer service, cost, flexibility and sustainability. This includes services such as:
In addition to geopolitical conflicts, trade disputes and natural disasters, there are challenges within sustainability, finding workforce with the right skills, technology development, increased competition from supply chain ecosystems, and new business models. The bottom line: reinventing supply chains is inevitable.
We have conducted a study that assesses the current trends in the supply chain domain and how well companies have adapted their supply chain. The study shows that the companies that have established critical capabilities and advanced technologies can expect cost savings of approximately 19% related to the supply chain, and that 51% of all companies are working to transform the supply chain.
Download the study Reinventing Supply Chain
Lousy working conditions, forced labour, violations of human rights - every day we are bombarded with alarming reports of global supply chains failing, even among established and well-known companies. The consequences can be devastating. Additionally, climate change is also a factor that directly affects supply chains. Nonetheless, consumers demand more transparency about where their goods come from, and are therefore willing to choose companies that provide increased transparency in the supply chain. So what should your company do? And how?
Start by asking these questions:
How do climate risks affect our supply chain and what climate footprint do our products leave?
Are we consistent enough in our social and ecological policies and processes?
How do they meet the statutory requirements and expectations from different stakeholder groups?
The solutions exist and they are both concrete and effective: you should be as transparent as possible throughout the supply chain, use all available digital solutions to increase efficiency and minimize harmful effects on the environment and people. This is no easy feat in a global economy with complex value chains. But we can help you.
Our supply chain management and sustainability experts help you overcome these obstacles by developing strategies, designing processes and implementing organizational and digital structures.
"Consumers demand more transparency about where goods come from and are willing to choose companies that provide increased supply chain transparency."