Filed in November 2011
Tuesday, November 08, 2011
Managing logistics in developing countries presents real challenges—from poor roads and unreliable vehicles to less than ideal warehousing options. When public health is at stake, the logistics issues are even more worrisome.
The latest Assessment of Excellence in Procurement (AEP) study from A.T. Kearney confirms procurement’s power to drive real money to the bottom line and value to the top line. Among the leaders who do this best, seven characteristics stand out.
Managing a global supply chain involves tough organizational challenges that promise only to intensify as operations expand and become increasingly interconnected. Key among those challenges: getting functional groups to understand their impact on one another so that they can collaborate. To bridge the organizational gaps that often divide their senior managers, McKinsey research finds, companies need to successfully address three main areas of collaboration tension.
This article explains how leading companies are engaging in innovation from a unique perspective — that of their suppliers. The research examines the strategies and approaches that should be put in place to accelerate and realize supplier innovations that lead to competitive advantage.
More and more companies now recognize that creating a sustainable supply chain is more than just the right thing to do—it’s a requisite to business success. Sustainability today resembles the quality movement of three decades ago. As with quality, there was initial resistance to “going green.” But it soon became apparent that the benefits were far too great to ignore.
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