We are all searching for the “magic bullet” to make our supply chains faster, better, and more user friendly by applying varied strategies and techniques to make this happen, but we have lost sight of the fact that we already have the most powerful tool in our arsenal of weapons to do so – VALUE ANALYSIS!
Although value analysis is widely applied to reduce and control an organization’s supply expenses, we can also successfully apply the same concept of value analysis to refining and streamlining our organization’s supply chain.
All positive supply chain management improvements start with a strategy to modify, transform, or revolutionize a product, service, technology, process, or system within an organization’s supply chain. No better plan, method, or stratagem has been devised to reinvent a supply chain than the scientific process called value analysis. By placing your supply chain under the value analysis microscope, you can rapidly alter your supply chain into a faster, better, and more user-friendly process than any current fad, craze, or trend that is blowing in the wind today.
To root out all waste and inefficiency, you need a proven, systematic, repeatable process that can identify unnecessary and superfluous methods and practices that are barriers to optimizing your supply chain.
VALUE ANALYSIS IS THAT PROCESS! It will enable you to quickly identify, clarify, and separate the essentials from the nonessentials in your supply chain. Value analysis will reinvent your supply chain where necessary to provide your customers with what they absolutely, positively need and no more to perform their critical functions.
If you are looking for 25% to 50% more efficiency in your supply chain, both in qualitative and quantitative results, then by employing value analysis as a strategic weapon you can reach your goal of optimizing your supply chain.
Value analysis has a track record of “disciplined thinking” and over 60 years of improving quality while reducing waste and inefficiency in products, services, technologies, processes, and systems worldwide starting with the General Electric Company in the 1940s. Why experiment with passing fads to optimize your supply chain when you have a “magic bullet” in your grasp – value analysis.