Date Added: May 2009
Increasing economic volatility has severely disrupted the supply chains of companies across industries. Rapid swings in the availability and price of key commodities, major currency fluctuations, upheaval in financial markets, disruptive geopolitical events and continued development of customer channels on a global basis have conspired to place unprecedented pressure on the way these companies source, manufacture and distribute products. Accenture research has found that those with very dynamic and well synchronized supply chains can use such volatility to their advantage. Companies that want to do so face seven imperatives, which the authors describe and illustrate in this paper.