Q. What are the inter-connect factors introduced by Cousins?
Cousins introduced the following inter-connected factors to strategically affect supply chain management.
The 'strategic supply wheel' demonstrated by Cousin's:
- Portfolio of relationships as an example builds high collaboration and keeps good relations along with suppliers.
- Skills and competences as an example develop skills internally for effectual supply chain management, by perhaps training and recruitment.
- Strategic performance measures as an example monitor and control supply chain management by using performance measures.
- Cost-benefit analysis as an example CB analysis applied to whole new strategic approaches or new opportunities, to make sure they are financially justified.
- Organisational structure as an example support effectual supply chain management by effectual organisation of staff.