Just as a doctor cannot prescribe the appropriate medication without analyzing symptoms and establishing a diagnosis, businesses cannot effectively maximize value from their supply chain without first identifying processes and functions that require improvement.
In many cases, business organizations fail to identify the root causes of profitability and efficiency issues. A diagnostic is the first step toward improving supply chain operations, yielding greater profitability and competitiveness.
Alvarez & Marsal Supply Chain professionals bring a four-step approach to diagnostics: explore, analyze, prioritize and act. Through integrated analysis, your organization will be able to assess current supply chain capabilities and operations and pinpoint areas that need specific attention.
- Explore: A&M meets with your team to develop a fact-based assessment of your supply chain performance by exploring both quantitative and qualitative aspects.
- Analyze: A&M works with your team to assess supply chain opportunities that provide the biggest impact while directionally driving growth, performance and financial results.
- Prioritize: Improving your supply chain requires a clear roadmap to identify what issues to address first; A&M helps you to develop an executable plan to reach your goals.
- Act: A&M employs a hands-on, action-oriented approach to drive positive change and maximize value from various supply chain initiatives.
Alvarez & Marsal professionals bring deep expertise in supply chain operations, accelerating our ability to identify problems and develop solutions on your behalf. We begin by looking at your organization, cost structures, and process flows to determine levels of efficiency across your supply chain.
Because each situation is unique, we customize three basic types of diagnostic assessments to focus on your issues:
- High-level Assessment: From one to three days in duration, this review is conducted by one of our experienced consultants, including interviews of organization personnel and analysis of high-level data. We provide a preliminary assessment of pain points and opportunities for improvement.
- Baseline Assessment: This analysis generally takes up to two weeks to complete. A&M assembles a team of experienced consultants relevant to your situation to conduct interviews, establish a data room, and examine metrics and process flows to determine baseline costs, business drivers and performance gaps. This fact-base allows us to develop an initial roadmap for success.
- Tactical Assessment: Digging deeper into your supply chain operations, this is a longer-term project spanning three weeks or more depending on complexity. The process includes interviews, establishing a data room, analysis of metrics and process flows, workshops and causal modeling. The select A&M team establishes a roadmap and sound business case to build appropriate recommendations for improvement.