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.
Standard enterprise software packages provide a consistent structure for basic supply chain processes. But these generic applications may not accommodate the processes and policies that set your company apart from its competitors.