Importance of strategic fit in supply chain management

The strategic fit in the supply chain management in the business is important for the success of the organization (Chopra and Meindl, 2007). ... Competitive strategy refers to the combination of needs of the organization that must be used for the satisfaction of consumer needs by products and services.

1. Why is strategic fit important?
2. What is the importance of strategic fit Why is important for successful business?
3. What is strategic fit in supply chain?
4. How you can achieve strategic fit in supply chain management?

Why is strategic fit important?

Strategic fit enables an organization to operate in its particular competitive situation at peak effectiveness. It expresses the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment.

What is the importance of strategic fit Why is important for successful business?

Strategic fit evaluates the current performance of an organization/industry. This is necessary to evaluate how the organization is capable to achieve its external demands. To evaluate these organizational capabilities, this paper developed few models of strategic fitness.

What is strategic fit in supply chain?

Strategic fit means that both the competitive and supply chain strategies have the same goal. It refers to consistency between the customer priorities that the competitive strategy hopes to satisfy and the supply chain capabilities that the supply chain strategy aims to build.

How you can achieve strategic fit in supply chain management?

Understanding the supply chain capabilities

1. Respond to wide ranges of quantities demanded.
2. Meet short lead times.
3. Handle a large variety of products.
4. Build a highly innovative level.
5. Handle supply uncertainty.