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Glimmers of hopeLogistics costs plunged dramatically last year as the economy contracted. Preliminary data for 2010 show that a recovery is under way, but shippers still face a host of challenges.
Don't breathe a sigh of relief just yet
Despite the recovery, companies are likely to pressure supply chain managers to cut costs even further.
A bright future... together
We must move beyond the typical approach of "state the problem and talk about the frustrations."
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Gauging total cost, supplier by supplier
Because it reveals hidden costs, the "unit total cost" approach to purchasing can help companies accurately evaluate the cost of doing business with individual suppliers.
From the Quarter 04 2007 issue
Many companies want to create the optimum supply chain for their organizations. Often, however, they don't have the information they need to reach that goal. The problem is that optimization requires visibility into all supply chain costs—yet companies frequently limit their focus to supplier- and transportation-related expenses....
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