The Dynamic Value Chain: Quickly Reducing Complexity

Topics:
Growth
Tags:
Channel Management,
Dynamic Value Chain Management,
Marketing,
Montgomery Research Inc.,
Value Chain
Source:
Montgomery Research

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Overview: Dynamic value chain management increases responsiveness across organizational structures. Communication between functional areas improves overall supply chain effectiveness. Dynamic value chain management (DVCM) is a business methodology that helps companies manage marketplace variability and complexity and align company strategies with execution processes. DVCM helps transform a value chain into a more effective collaborative model — a model in which companies interact across the key processes of sourcing, procurement, product design, manufacturing and fulfillment. By using technology to monitor variability and complexity, to decide on the right courses of action, and then to act rapidly on those decisions, businesses can better keep promises to their customers and deliver the right product, at the right price, at the right time.

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Format: HTML | Date: May 2002 | Pages: 1

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