Regularly refining corporate strategies and building the kind of capabilities and organizations that can proactively tap tomorrow's lowest total costs, not just today's, is essential for successful low-cost country sourcing.
Robert S. Forrest
Over the last several years, supply management has emerged as the lifeline in many companies. With one of its primary functions to oversee the delivery of companies' products, the issue of brand reputation rests squarely on supply management's shoulders. Thus, preventing any incidents that may cause supply chain disruptions is critical. Consider the magnitude of this task for a multinational company with a customer base of more than 170 countries. For Theo Fletcher, vice president of import compliance and supply chain security for IBM in New York, that very task is part of his daily responsibility.
Tapping Into ... Economics — Business Opportunities
To capitalize on China's growth, executives must assess their company's health, determine where the enterprise can serve the country on its evolutionary timeline and establish how the company can position itself to prosper from these opportunities.
Tech-Know: Tech Issues for the Decisionmaking Supply Manager
Technology is critical to supply management, but too often, implementations are underused. And when an implementation fails to help its customers, it can be a very expensive endeavor. We asked a leading provider to share some thoughts on how companies can better leverage their current technology.
A revision of the Uniform Commercial Code (UCC) has been a long time coming. Though not yet implemented in any state commercial code, supply managers must be aware of the possible changes coming their way — especially for their state and the state(s) with which they conduct transactions for the sale of goods.
Ernest G. Gabbard, J.D., C.P.M., CPCM