10 Quick Ways to Turn your Supply Chain into a Competitive Advantage

Talk (establish world class vendor management): 1. Develop collaborative partnerships with suppliers. 2. Use the Internet. 3. Integrate logistics with buying decisions. 4. Optimize replenishment models. Do (optimize internal processes): 5. Measure replenishment cycle times. 6. Build logistics capabilities by product category. 7. Continually improve operations to achieve profitability. 8. Accelerate the process. Deliver (exceed customer expectations): 9. Work with stores to prioritize in-stock positions. 10. Optimize consumer channels.