Creating Opportunity from Supply Chain Risk

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Creating Opportunity from Supply Chain Risk

Blog by Julie Urlaub, Founder and Managing Partner at Taiga Company
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Creating Opportunity from Supply Chain Risk http://3bl.me/tk8pn5 by @TaigaCompany #sustainability #SCM
Wednesday, February 23, 2011 - 9:15am

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If you were like most companies, you may have taken extreme measures to manage the financial pressures and risks of recent uncertain economic times.  Our professional consulting practice observed many clients and peers leveraging cost-cutting actions to meet short-term business sustainability objectives.  However, these same actions may actually now present a new business risk/opportunity in a recovering economy.  

As demand begins to trend in the upward, cash flow driven actions such as inventory reduction are presenting new challenges and a growing business sustainability risk to many companies.  In many industries and specific business cases, extremely lean supply chains are now struggling to keep up with a rebounding consumer demand. 
 
Highlighted in the latest risk assessment and monitoring literature, price escalation from increasing demand in a short supply environment ranks atop many risk lists.  Supply chains unable to restart and rebound may miss out on a huge value opportunity.
 
With very little debate around this growing demand, an opportunity for progressive change is forming and executive focus is now shifting toward the supply chain.   Beyond simply meeting the recovering demand, our professional consulting sees the financial recovery as a platform for more sustainable supply chain management action. 
 
•    Business sustainability strategies to increase process and transaction inefficiencies.
 
•    Integrate management system to increase visibility and enable sustainability concepts as a key component of a comprehensive sustainable supply chain management program.  Click here to continue reading.
 

Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".

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Taiga Company
http://www.TaigaCompany.com
Keywords: Finance & Socially Responsible Investment | Procurement Strategy Council | Sustainability | Taiga Company | supply chain | sustainable supply chain

CONTENT: Blog