ASCTM Approach for Enterprise Agility

Abstract

AbstractAgility is perceived as the principal competitive medium for all organizations in an ambiguous and changing business environment. In the current business situation, enterprises are converging to a point where they need to be smarter, faster, flexible, and more reactive to changes in order to sustain in the demanding market. Competitiveness urges the companies towards agile practices in a determined manner. Agility can be achieved by improving the relationship between buyer and suppliers in a supply chain. Identifying appropriate approaches to create an agile supply chain is one of the best ideas that can help companies making a successful changeover to an agile enterprise so that they can sustain and prosper in the market for the long run. Accommodating market changes and triggering response strategies is quite challenging and to meet this challenge we use a structured model known as Agile Supply Chain Transformation Matrix (ASCTM). ASCTM can relate the business changes with suitable approaches for supply chain configuration and supplier-buyer relationship establishment and decides the business processes and infrastructures needed to support agility. The main purpose of this paper is to propose the ASCTM which aims for the creation of an agile enterprise. ASCTM tool is constructed with the help of modern Quality function deployment (QFD) tool for identifying and iterating business practices and the Analytic Hierarchy Process (AHP) which has proved a successful Multi Criteria Decision Making (MCDM)tool in modern day manufacturing