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Supply chain must extend value chain: KPMG-ASCP report

By Niranjan Mudholkar,

Added 19 November 2018

80 percent supply chain leaders in India believe ‘Customer centricity’ will be the key theme for supply chain of the future, report states

KPMG in India and Association of Supply Chain Professionals (ASCP) released a new report today titled ‘Supply chains in India: A reality check - Here to where and How'. The report highlights challenges faced by supply chains in India in each of the planning, sourcing, make and delivery stages, impact of key initiatives undertaken to overcome these challenges, the mindsets creating roadblocks in benefits realization, level of technology adoption and key emerging themes for supply chains of the future. KPMG in India also shares its perspective on how to effectively build supply chains for the digital world in the report.

The report suggests that the supply chain function in India is in a good position to create value and drive transformation across extended value chain from supplier's supplier to customer's customer. The report is based on an online survey conducted among 76 leaders across manufacturing sectors like automotive, auto ancillaries, consumer goods and durables, pharmaceuticals and engineering in India to get their views on the current supply chain challenges, key focus areas and future aspirations.

Commenting on the future of supply chain, Ravind Mithe, Partner - Management Consulting, KPMG in India said, "Supply chain function is at a crossroads, where it has to surpass its traditional focus of transactional processing and driving efficiency to a leadership role that can make organisations ready for the digital world. The journey cannot be linear journey for the organisations. All the functions and processes must work in a frictionless manner to realise enterprise-wide transformation."

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