Chapter 10

Building Flexibility, Agility, and Real Options Into Your Supply Chain

How Can Your Company Orchestrate Stretch Goals?

If flexibility, agility, and real options (FAR) are the key capabilities to orchestrate stretch opportunities, then how does a company conceptually organize itself to realize these capabilities? Clearly, details will vary with the specifics of the business, but we suggest a few broad approaches that can be developed into operational details and provide specific linkages to examples in this book. First, consider a few drivers of stretch opportunities.

Categories of Stretch Opportunities

The following is a brief summary of demand stretch opportunities:

  1. Significant growth. Many companies face significant short-term ...

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