Supply Chain as Strategic Asset: The Key to Reaching Business Goals (Wiley Corporate F&A) Review

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Supply Chain as Strategic Asset: The Key to Reaching Business Goals (Wiley Corporate F&A) ReviewThe supply chain is a firm's core asset, and perhaps its most important asset, and a firm is only as good or as bad as its supply chain. In this tightly packed 300-page volume Sehgal shows how important it is to have a top-down-driven approach to supply chain management and how important it is to link strategy and execution, from the board room to the very last delivery guy.
Vivek Sehgal has a penchant for Porter's Five Forces and Porter's three generic strategies, which form the backbone of his theoretical underpinning. Everything new after Porter is just old wine in new bottles. His reason for liking Porter's strategies is that they are genuinely generic. The more generic a strategy is the better it is for each firm to adapt a strategy to its own needs. Each firm must to find its own unique and specific strategy and its own and unique supply chain. That is at the heart of Sehgal's message.
The book serves three purposes. Firstly it thoroughly explains the importance of having a clear business strategy. Secondly, it even more thoroughly explains how this business strategy must be translated into a functional strategy, which is then engraved into the supply chain using a deployment strategy.
No strategy, however brilliant, produces results unless executed. In order to accomplish the goal a strategy is meant to achieve, a strategy needs a set of key attributes: It must establish the destination. It must establish the direction. It must drive cross-functional capabilities. It must drive a feasible plan. It must be articulated. It must be adaptable. Moreover, a strategy must work on several levels, in time, in function and in impact. A strategy must work as a guiding, driving force. Many firms however, loose sight of their strategy along the way or rather, fail to align it all the way through.
This is not a book that you can pick up at the airport and read on a long-haul flight and put into action on arrival. Nonetheless, it is a book that will make you think, and start wondering whether your business strategy is really in your supply chain or whether your supply chain is actually aligned with your business strategy at all. Are you driven by your strategy or by your supply chain? It is not a handbook in supply chain management, it is a book that using countless examples and anecdotes tells you that businesses are more than their strategies, businesses are more than their supply chains. Strategies and supply chains must come together for businesses to succeed.Supply Chain as Strategic Asset: The Key to Reaching Business Goals (Wiley Corporate F&A) Overview

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