We have a diverse project portfolio at WMG’s Supply Chain Research Group, ranging from fundamental research to applied research at high TRL levels. Our ability to deal with ambiguity in the complex contexts in which our supply chains operate is reflected in how we react to changes and prepare for disruptions. To that end, we’ve established a set of methodologies for putting theory into reality. As the Supply Chain Resilience Hub evolves, new updated methodologies will be available to help develop resilient supply chains in the UK and around the world.
Methodologies
Methodologies
Coopetitive Business Model Methodology
Coopetitive business model methodology was developed as a framework for different industry participants to collaborate and integrate resources in order to generate new value propositions. Using design thinking principles and the business model canvas, this methodology will support organisations in creating an environment conducive to new and disruptive ideas that can gain potential competitive advantages while leveraging capabilities from co-opetitors (new actors in the supply chain, as well as, cross industrial collaboration).
Scenario-Driven Market Opportunity Analysis
The goal of scenario-driven market opportunity analysis methodology is to assist organisations in identifying new opportunities to navigate complex market conditions and the next generation of customers.
It employs a structured approach to provide practitioners with a series of prospective future scenarios as well as an outline of their various market opportunities to aid in the formulation of future supply chain and marketing strategies.
Supply Chain Productivity Methodology
The supply chain productivity methodology aims to improve the productivity of a focal firm and a named customer and supplier through the implementation of an integrated planning process.
The UK has seen a productivity improvement in its output per hour for Q1 2021, increased by 0.9% compared to the same quarter in 2020. Despite the positive productivity growth, there is still a long way to go for the UK to unlock its “productivity puzzle”.