There are five basic—and essential—steps to moving from wherever your supply chain stands today to becoming truly demand-driven. They may be summarized as follows:
1. Strategic Inventory Positioning
Sadly, far too many supply chain executives and managers are ill-equipped to deal with this first and, probably, most important matter.
Frequently, if the question of inventory positioning is asked at all, it is answered from a purely pragmatic point of view. Strategy seldom enters into the equation.