Responsive Asset Management
At Hitachi Consulting, we define Responsive Asset Management as company's ability to use its physical, personnel, and information technology assets to adapt to changing market and supply chain conditions. Constant marketplace changes mean companies should constantly rethink ways to better prepare and make vital business decisions more quickly. Market responsive companies can control costs while enabling agile adaptation to market changes.
Without effective information-sharing across supplier, vendor, and partner channels, you can't always count on your assets to be where they should be in the process. Hitachi Consulting can help you build responsive processes and systems to better manage your vital assets not only during crises, but everyday events. With our Hitachi Consulting-developed organizational-change tools, we can also help you better prepare your people -- not just your systems and processes -- to prepare and react to the constant changes.
Ensuring a market-responsive company probably means making fundamental changes. Companies that have successfully shifted to this approach designed supply chains that delivered enhanced customer experiences. They now can use early market- and customer-change indicators to more intelligently anticipate and position asset adjustments. Thanks to increased visibility and control across the entire supply chain, companies now better understand which levers to move to make necessary changes.
Hitachi Consulting -- Building the Market Responsive Company®
Research Uncovers Barriers to Responsiveness
Hitachi Consulting and AMR Research recently conducted a study on what manufacturing companies are doing to be more responsive to customer needs and market conditions while also reducing costs. Interestingly, issues such as company culture appear to make a tremendous impact on the ability to respond appropriately and remain competitive. For more on survey results, read our Supply Chain Responsiveness Survey.
At Hitachi Consulting, we work with leading companies to:
etermine leader/laggard potential. Read the Supply & Demand Chain Executive article, What Separates Leading Manufacturers from Laggards?
- Develop a more responsive supply chain. Watch "Your Supply Chain Isn't Responsive? Well, Build One!" a video interview by Supply Chain Brain (registration required)
- Handle cost pressures by integrating technology to address ongoing issues. Read our Valassis case study
Want to know how your company stacks up? Take our Responsiveness Self-Assessment Test to determine if you're on the road to Building the Market Responsive Company®.
For more specific examples of our solutions, see our Supply Chain Services.