Outsourcing production overseas used to be a can't-miss strategy. But the combination of changing business dynamics and the original outsourcing assumptions has revealed costs that may prompt companies to re-evaluate their outsourcing decisions.
In its quest to achieve a demand-driven supply chain, Kimberly-Clark turned to software that generates shipment forecasts based on point-of-sale data. Now the consumer products giant can better serve some of its customers with a lot less inventory.
To develop and maintain collaborative relationships with far-flung suppliers, companies should first segment them, and then implement interaction models that set the rules of engagement. Here's how to apply this approach in your own operation.