In today’s global marketplace, everything is moving faster. Businesses are living in an era of shorter product life cycles and turnaround times. In a landscape that’s expanding exponentially and becoming increasingly more complex, effective supply chain management is not only advantageous…it’s critical.
Don't take our word for it: here's what consulting powerhouse Deloitte said in its newest study. The study shows that only 7% of the manufacturers surveyed effectively manage their supply chain, yet they are 73% more profitable than their peers. It’s hard to argue with numbers like that.
That small percentage of manufacturers represents businesses with a clear advantage. They’re operating more efficiently as they collaborate with their outside suppliers and customers. As manufacturers continue to globalize, they need a complete picture of what’s going on inside and out.
At Vecco, we understand just how essential it is to build and maintain collaborative business networks. Using an advanced solutions suite, like Allegro, businesses are able to dynamically orchestrate internal and external supply chains. When you can simultaneously interact with your vendors and customers in a coordinated fashion, you can better manage the entire process more efficiently. And, as Deloitte’s study points out, a diligently optimized global supply chain network directly contributes to significantly better bottom-line results.
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