MAC Resource: Achieving Competitive Advantage Through Supply Chain Management
By John T. Mentzer, Executive Director, Integrated Value Chain Forums, University of Tennessee, as seen in IndustryWeek, January 10, 2023
In benchmarking the Supply Chain Management (SCM) practices of hundreds of companies, we have learned that many companies actually achieve competitive advantage by leveraging the management of their supply chains. We will explore the most powerful of three SCM competitive advantage principles. The most important, and the one we will present first, is embodied in the following:
Stick to your core competencies and outsource non-core competencies
Coordinate these functions across supply chain partners
Read the full article about core competencies at http://www.industryweek.com/ReadArticle.aspx?ArticleID=13355
John T. Mentzer holds the Bruce Excellence Chair of Business and is the Executive Director of Integrated Value Chain Forums at the University of Tennessee.