Driving Supply Chain Cost Optimization

Manage and control your supply chain costs

Balancing supply chain costs and growth objectives

Supply chain is in the bullseye for developing growth strategies, improving customer experience and supporting ever-increasing demands on customer delivery requirements. A powerful piece of the digital world, Supply Chain is even being weaponized by governments with global trade wars and tariffs. In this climate of constant change,  successful supply chain leaders maintain costs through growing networks of partner and suppliers.

About 80% of employees expect cost optimization in their organizations in the next 12 months
We’ve engaged with Gartner for the last two to two and a half years. It helped us drive tremendous change in the organization in terms of how we structured our team, helped us drive cost out, helped us mature the organization in terms of supply chain maturity and we consistency year-over-year have been reducing our costs.

Supply chains can prepare for constant change

To succeed and grow, effective organizations monitor and evolve their strategies based on economic, societal, environmental, geopolitical and technological inputs. They align people and skills to adapt as strategies advance to optimizing all resources in support of business goals at acceptable cost.  

Leaders seek to use cost optimization to set up long-term success. Winners accelerate in these turns.

Insights you can use

Gartner’s future of work insights, advice, data, and tools help supply chains move beyond the hype of predictions to prepare organizations for the readiness to succeed and evolve during a time of constant change.

2 Outcomes CSCOs Focus on When Cost Is Under Pressure

Supply chain leaders often report that their organizations continue to take a narrow, short-term approach to cost optimization. Gartner helps identify the two outcomes on which supply chain leaders can focus their efforts to position their teams for long-term success.

Cost and Inventory Optimization Require More Than Financial Targets

Meeting cost and inventory goals can create both operating ambiguity and management dysfunction for many organizations. Gartner illustrates an emerging vision for cost optimization that aligns operating outcomes with strategic focus.

Winning in the Turns: A Supply Chain Action Guide

During turns, companies often stop discretionary spending, lay off staff, reduce training and cut capital investments. Winners, however, think long term and forecast for the upturn. Winning enterprises have an ongoing cost management discipline and practice cost optimization, as opposed to cost cutting.

Questions about becoming a Gartner client?

Gartner Supply Chain Symposium/Xpo™

The World’s Most Important Gathering of CSCOs and Supply Chain Executives

Turn your vision into action at Gartner Supply Chain Symposium/Xpo™ 2020, where chief supply chain officers (CSCOs) and their leadership teams gain a strategic view of the trends disrupting their business. Through collaboration with Gartner experts, thought leaders, industry peers and solution providers, explore new ways to approach your most critical challenges and achieve greater impact as a leader.

Before coming to this conference, I thought I’d get information on how supply chains run in different companies. It exceeds my expectations on digitalization — what it means and how to get there. I gain a lot from this conference and am able to link up with like-minded peers.

James Chu

Avery Dennison
Case Study

How do we support your supply chain cost optimization efforts?

Gartners experts and a delivery team completed a logistics maturity self-assessment for a client in an effort to obtain feedback on their current state and identify top priorities. With Gartner’s project priotization process and template for ongoing communication, the client exceeded their $170 million cost-out target.

Gartner topic experts

Gartner’s supply chain experts include more than 100 people worldwide. Meet a few of our leaders. 

Paul Lord
Senior Director Analyst
Research & Advisory

Ken Chadwick
VP Analyst
Research & Advisory

Stan Aronow
VP Distinguished Advisor
Research & Advisory

Mike Burkett
Distinguished VP Analyst
Research & Advisory

Greg Aimi
VP, Team Manager
Research & Advisory

Miguel Cossio
Senior Principal Analyst
Research & Advisory

Gartner experts are trusted advisors for 2,500+ supply chain leaders and executives

Gartner helps organizations grow and maintain ownership of strategic initiatives. Make the right decision with trusted insights and objective advice.