Innovators in Supply Chain Security

Study finds that heightened security enhances business results with better supply chain visibility, inventory management, reduced cycle times, enhanced customer satisfaction

Supply Chain Security InnovationIn today's era of increasing realization that security in the supply chain is critical, Barchi Peleg-Gillai, Gauri Bhat and Lesley Sept of Stanford University have released an excellent new resource, this 38-page PDF "Innovators in Supply Chain Security" through the Manufacturing Institute.

Read the study 533.1KB PDF; opens a new window

This study is the latest in the institute’s "Innovation Series" and the third comprehensive report IBM has sponsored regarding supply chain security. In 2004, IBM partnered with Michigan State University to publish “Enhancing Security Throughout the Supply Chain” to help businesses better understand the threat to supply chains from disruptions. IBM partnered with the Massachusetts Institute of Technology (MIT) in 2005 to publish "Investing in Supply Chain Security: Collateral Benefits” that identified collateral, or indirect, benefits that companies may receive from security investments.

Companies traditionally find it challenging to justify security-related investments because they focus largely on the direct expenses and not on the collateral benefits (e.g., supply chain efficiency, improved
customer satisfaction, improved inventory management, etc.) that may be realized.

Limited research has been completed regarding the creation of collateral benefits from security investments. To fill this gap, the institute and Stanford University have conducted a study to confirm and quantify the magnitude of collateral benefits received by a select group of companies that are considered innovators in supply chain security in their industries such as chemicals, consumer goods, food, information technology, automotive parts and logistics service providers.

Although the results of this study should not be considered as representative of the industry average, the findings clearly indicate that significant business value accrues from supply chain security investments.

The innovative companies participating in this study received the expected security benefits from their investments (e.g., reduced risk, less theft and pilferage, etc.), but also quantified numerous
collateral benefits they received, such as:

Read the study 533.1KB PDF; opens a new window

 

Contact Cisco-Eagle Toll Free 888-877-3861 7am - 5pm CT Se Habla Espanol

Catalog | Home | Newsletter | Blog


Material Handling Experts are a call away: 1-888-877-3861

Toll free 7-5 CST in the United States & Canada | Inquiries & Support

Copyright 2008, Cisco-Eagle; All rights reserved. | Privacy Policy

Offices: Dallas, Houston, San Antonio Texas  |  Little Rock, Arkansas  |  Oklahoma City & Tulsa, Oklahoma 

Clients from California to New York, from Florida to Washington - U.S., Canada & Mexico
Cisco-Eagle is Employee Owned, Managed, and Operated | Site Map