Significant business change and fluctuating levels of complexity make it extremely difficult for companies with multiple, independent supply chains to achieve internal supply chain alignment across divisions.
To address those and other challenges, some companies have established supply chain centers of excellence (CoEs) — a designated specialty group within the firm that works together to drive supply chain innovation, collaboration, and excellence across the organization.
COEs are centers of competency focused on supply chain design and flow-path analysis, route planning, inventory deployment, and related advanced analytics. These organizations often serve to unite companies across their supply chain silos.
Here are six high-level recommendations for ensuring a successful CoE initiative. Read the full article for elaboration on each:
1. Start with a CoE readiness assessment
2. Ensure strong executive sponsorship and guidance.
3. Provide good analytical tools.
4. Bring core CoE team members together in one place.
5. Develop a clear and meaningful career path for CoE team members.
6. Know when to call in reinforcements.