Companies looking for higher customer service levels and lower logistics costs in Europe are designing distribution networks with a central warehouse backed up by satellite facilities in major markets.
When companies purchase parts or components, historically they have comparison-shopped to find the lowest-cost supplier. But forward-thinking companies are now applying the concept of "should costing" to procurement instead. In essence, they analyze what a product should cost to determine what they ought to pay for it. The emergence of should-cost systems is paving the way for companies to perform true-cost analyses of suppliers' parts.
A study conducted by Soonhong Min of The University of Oklahoma has found that academics from Michigan State University had more articles published in leading supply chain journals from 2000 through 2006 than those from any other university.