A key distinguishing feature between a company which has successfully applied value chain management and others is the quality and integration of its planning and its ability to manage change. (McGuffog, nd)
All companies, whether for-profit or not, have to achieve 'best value', rather than simply lowest price, in purchasing and supply. This report reveals the routes that all organisations should use to build high-performance value chains in the future. Cost issues and the evolving nature of the relationship between suppliers and customers are examined alongside likely changes to the very structure of organisations.
Sectoral partnerships, including supply chain initiatives, networking and clusters play a critical role in sharing knowledge and upgrading skills among complementary businesses. (DTI, 1998)
Vision 2010 was launched at the 1999 Annual Partnership Sourcing lecture given by Sir Peter Bonfield CBE FREng, Chief Executive of BT, at the Confederation of British Industry. The DTI and the CBI support the study, which incorporates specially commissioned research and the thinking of leading business gurus, see Inputs to the Vision 2010 project.
Government publications have also been considered, particularly those of the DTI Future Unit. The Expert Group was grateful also for input from the Future Unit on its work, methods and scenarios. This material was very helpful in our considerations, although all the views expressed in this report are of course those of PSL alone.
Copyright Partnership Sourcing Ltd 2001. All rights reserved.