What is a Supply Chain Management Plan?
A Supply Chain Management Plan outlines the steps and processes to improve an organization’s overall supply chain operations. It’s designed to ensure that all stakeholders involved in the supply chain process have the right information and resources to work together efficiently. This plan is a roadmap that encompasses the entire supply chain, from the planning and procurement of materials to the delivery and distribution of the finished product.
What's included in this Supply Chain Management Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Supply Chain Management Plan template for?
The Supply Chain Management Plan template is a helpful tool for organizations of all sizes to streamline their supply chain operations. This template is designed to help organizations identify weaknesses, prioritize improvement projects and track progress. With a well-defined plan in place, organizations can reduce operational inefficiencies, optimize inventory levels, increase quality assurance and improve customer satisfaction.
1. Define clear examples of your focus areas
A focus area is an area of improvement that is broken down into objectives, KPIs, projects and measurable targets. For example, in the Supply Chain Management Plan Template, the focus areas are reducing operational inefficiency, improving quality assurance and increasing customer satisfaction. Each focus area should have specific objectives and associated actions to achieve the desired goals.
2. Think about the objectives that could fall under that focus area
Objectives are the goals that need to be achieved in order to reach the desired outcome. Examples of some objectives for the focus area of Reduce Operational Inefficiency could be: Decrease Shipping Wait Time, and Optimize Inventory Levels.
3. Set measurable targets (KPIs) to tackle the objective
KPIs, or Key Performance Indicators, are measurable targets that are set to track progress towards an objective. An example of a KPI for the focus area of Reduce Operational Inefficiency could be: Decrease avg shipping wait time from 2.2 days to 1.5 days.
4. Implement related projects to achieve the KPIs
Projects, or actions, are the steps that need to be taken in order to achieve the desired KPI. For example, to reduce shipping wait times, an organization could monitor and track shipment times.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform helps organizations quickly and effectively implement their strategic plans. With Cascade, organizations can easily define objectives, set measurable targets, track progress and ensure accountability throughout their supply chain operations. Cascade’s intuitive dashboard and reporting features make it easy to track progress and identify areas for improvement, helping organizations see faster results from their strategy.