From the author:
How do new opportunities arise?
These new market opportunities result from the constant reduction of the service depth of the Company, also in the course of outsourcing.
Redesigning entire supply chains, power networks and value-added networks creates new procurement and sales markets.
Numerous and unimagined opportunities are now open to companies that perceive the newly acquired options for action. However, risks must be addressed, uncertainties must be accepted.
Market failure or lack of creativity?
In many cases, market failures have so far been spoken of in certain market constellations. I strongly believe that in many cases of alleged market failures, only entrepreneurs in their entrepreneurial capacity are not creative and courageous enough.
Supply and value chains must be reconsidered and reorganized system-wide. New markets are created by pattern changes and not by increasing efficiency. But the change is first and foremost in the minds of entrepreneurs and managers.
Market movements require rapid action
Due to the enormous upheaval phases in the age of global supply chains market movements are in progress which require rapid action. The transparency of the supply networks and the resulting new visibility require entrepreneurial action.
No company can afford to keep the cost side under control. Therefore, they invest a lot of time and money to reduce their costs.
The figures for financial accounting are used as a basis. A further look into the cost accounting of the companies shows numerous meticulously recorded cost types. The following questions arise:
- Are all costs now?
- Are these the right costs?
- Are these the relevant costs?
- Are these the costs we need for optimal management decisions?
- What data does this cost take into account?
- Or are the costs that lead us into the abyss in the worst case?
How can Supply Chain Management help?
Many questions, many open answers. With the new tools of supply chain management, you can not only name the costs of unused opportunities, but also calculate them for the future.
These costs do not appear in any accounting or cost accounting. It gives you, as a manager, a powerful tool that enables you to minimize all relevant costs of future activities and maximize your future profits.
Let's try to illustrate this in the following texts with a simple practical example.
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