IN-NOVA – WORKING ON ACHIEVING VALUE CHAIN EXCELLENCE
IN-NOVA’s methods towards Value Chain Excellence are based on a set of targeted key enablers: • Synchronization of the supply chain, intense levels of high-quality, high-impact collaboration, and this supported by a targeted blend of required technologies. This includes a wide range of “digital” technologies, but also a lot of “traditional” engineering technology. • Systematic, integrative, and joint efforts to achieve mastery in all three dimensions of value chain excellence: o Functional Excellence to provide high mastery within each function‘s task spectrum: Fast, agile, effective, efficient, on-time, on-cost, no waste. o Horizontal Excellence to allow and support a seamless flow of orders, materials, and products along the supply chain, from sales and spare parts management, through all SC operations, down to the supply base o Vertical Excellence to integrate the different contributions and needs of the functions to be prepared for fulfilling orders, and to accomplish deliveries, such as: Products developed for manufacturability, packaging, and shipments; product ramp up coordinated and timely, and financial targets supporting the individual performance requirements.
Integration of supply chain with the overall value chain is the foundation of high performance - always using the contributions in each excellence dimension • The supply chain can only deliver optimal performance if it is fully and truly embedded into an enabling value chain environment • Each company, and each supply chain has a different, individual blend of required excellences • Integration and Excellences are geared towards improving internal and external collaboration (internal functions, customers, suppliers, partners) • With so many participants involveld, power games become a regular topic but also are obstacles towards true performance. Therefore the appropriate “Balance of Powers” is necessary to achieve maximum value-adding impact from all participantes • Targeted outsourcing and partnering brings additional perofmance leverage when it is build on super-strength of selected providers, not just on cost advantages (which are mostly short term, or involve significant hidden cost) • A necessary focus of all measures is on enhancing agility and resilience of operations along the end-to- end supply chain.