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Supply chain agility is a key determinant of competitiveness in today's dynamic and turbulent business environment.
This paper develops a practical evaluation framework that serves to identify critical factors for achieving supply chain agility.
Building on the co-specialization perspective, we evaluate the performance implications of product modularity and supply chain agility.
Furthermore, supply chain agility partially mediates the relationship between product modularity and both responsiveness and cost reduction.
Results show that supply chain agility and product modularity directly enhance responsiveness and enable organizations to reduce cost.
Supply chain agility (SCA) is a tool which enable to assist firms to attain the competitive advantage.
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As yet, among the numerous SCND models, which are presented to design SCN in an efficient way and improve supply chain management, agility as a winning factor in today's turbulent markets has been omitted.
And if your supply chain lacks the agility to respond to new trends with new products, your customers will look elsewhere.
"We can create and deliver on trends through our technology-led global supply chain with the agility and speed of 'fast fashion.' We are 'fast furniture,'" said Pathiratne. "I live and work in Silicon Valley.
The obtained results show that the design method provides managers with key answers to issues related to the supply chain strategic configuration and agility, e.g., choosing the right location for distributors and retailers for enhanced MSC flexibility and performance.
When supply chain people talk about agility, this is exactly they mean.
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CEO of Professional Science Editing for Scientists @ prosciediting.com