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Free Articles From The Current Issue
Who keeps the engines of global commerce running?Although what supply chain professionals do every day impacts commerce everywhere in the world, their role in corporate success and competitiveness generally has remained in the background.
Emerging consumer markets: the new drivers of global economic growth
Consumption is still largely concentrated in North America and Western Europe, but consumers in emerging markets are stepping onto the world stage in greater numbers.
Global trade trends down as local consumption slowly grows
Global trade levels declined by 1.3 percent in Quarter 3 of 2011 while domestic consumption continued to grow.
Time to come home?
To offshore, nearshore, or "reshore"? A total cost of ownership (TCO) analysis can answer that question. For some companies, TCO analyses are suggesting that manufacturing close to the point of consumption is the best choice.
A hard look at the soft side of performance
Supply chain scorecards typically focus on operational metrics. But if companies want to capture a true picture of supply chain success, they need to measure employees' interpersonal performance, too.
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The case for "profitable proximity"
The current myopic pursuit of "low-cost country sourcing" as a primary cost-mitigation strategy is coming to an end. One reason for this change is that most projections of global consumer demand show a significant amount of future demand growth coming from today's low-cost regions—a shift that moves those regions from the category of low-cost countries to one of emerging markets. It's a change that will bring increased expectations in these countries for a "globally fair" wage, which will raise the cost of goods produced there. Companies that sell to emerging markets will need to better balance cost and service, and that will force many of them to take a more strategic, customer-oriented view of global network design and sourcing....
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