Improving Supply Chain Performance with the Law of Marginal Gains

Improve your supply chain performance by leveraging the Law of Marginal Gains. Supply chain businesses operate on thin margins and sustained cost pressures, bottlenecks, and transportation labor issues can significantly chip away at profits. The solution is to drive further efficiencies and squeeze more benefits from existing supply chain operations year after year. 

That's where location data and technology come in. Companies can achieve significant performance-improvement results by targeting the right incremental changes across the supply chain ecosystem. HERE is the world's #1 location platform and can help you deliver solutions and roadmaps to reduce supply chain risk and cost, fuel sustainable operational improvement, and increase customer satisfaction and financial performance.  

A trusted and experienced partner can help evaluate operational aspects to identify inefficiencies and remove barriers to cost saving and growth. 

Mapping your incremental investments to improve performance is key as it focuses the team's expertise, time and resources on projects that can quickly deliver value and expand in scope, rather than siloed initiatives. 

Key takeaways:

• Target the right incremental changes that will deliver big results
• Achieving gains is a matter of identifying which metrics to optimize and their interdependencies 
• A clear roadmap that connects specific projects can respond to the evolving needs of a supply chain and reduce risk 
• Analyzing existing activities using a combination of AI and scenario modeling can help deliver cost savings

Please CLICK HERE to download the white paper.