Accenture Study Reveals Need for Chemical Companies to Capture and Share Supply Chain Best Practices

from foxbusiness.com

Nearly two-thirds of supply chain professionals in the chemicals industry say their companies have no formal processes for identifying and sharing supply chain best practices, according to a study released today by Accenture.

While only 37 percent of survey respondents in this year’s survey said their companies have formal processes for sharing best practices, even fewer — 11 percent — said that best practices are documented, translated into standard operating procedures and measured at their company. Even worse, only 4 percent said their companies have captured best practices in one place and made them available to all supply chain professionals within their organization.

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