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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 software question: To buy or build?
Candy makers Just Born Inc. and The Hershey Company may be household names for a lot of great-tasting reasons, but supply chain network optimization isn't one of them. The consumers who buy Just Born's Peeps Marshmallow Candies and Hershey's Kisses Brand Chocolates are unaware of the complex webs of facilities and people that ensure the sweet treats are in retail stores on time and at the right price. Like many companies these days, the confectioners are faced with rising raw material and energy costs. This changing cost picture led them both to undertake projects to evaluate and redesign their supply chain networks. But that's where the similarity ends. Just Born commissioned a custom-designed model and algorithm from researchers at Lehigh University, while in its analysis, Hershey used commercially available supply chain optimization software....
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