Budget Planning for Supply Chain Management | Gartner

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Budget Planning for Supply Chain Management | Gartner
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Inflation is a growing concern among global supply chains making CostOptimization a priority. Our Budget & Efficiency Benchmarking helps leaders pinpoint where to cut costs & where to invest: GartnerSC Attendees: Stop by the Gartner Zone for a demo.

Key steps in the supply chain budgeting process are:

Value targeting: Quantify and prioritize supply chain budget opportunities through rigorous measurement of failures, defect rates and inefficiencies. Accountability and alignment: Drive reduction targets into the supply chain budget to ensure that supply chain’s improvement efforts are supported by business stakeholders.

Monitoring and control: Drive continuous improvement of the supply chain budget via ongoing measurement.Prioritizing quick-win initiatives to create immediate value.

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