Back to the classics: What is a triple A supply chain?
Filed in archive General by ehsan on December 23, 2007

Hau Lee believes that a best practice supply chain is not only fast or low-cost but also has three main capabilities which start by A:
• Agile: They respond quickly to sudden changes in supply or demand. They handle unexpected external disruptions smoothly and cost-efficiently. And they recover promptly from shocks such as natural disasters
, epidemics, and computer viruses. • Adaptable: They evolve over time as economic progress, political shifts, demographic trends, and technological advances reshape markets.
• Aligned: They align the interests of all participating firms in the supply chain with their own. As each player maximizes its own interests, it optimizes the chain's performance as well.
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supply chain adaptive agile scm advanced pioneer hau lee 2007 supply+chain
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