Low-cost labor is driving the stampede of manufacturers to China, but they must also consider the logistics implications of a longer supply chain and under-developed local infrastructure.
Retailers have been investing in supply chain technology for some time. Now they need to take it to the next level: the store. New technology advancements are making it possible for retailers to cut logistics costs significantly while dramatically improving customer service.
Over the past five years Best Buy Co. has developed a world-class supply chain that supports the company's position as one of the nation's top retailers, while saving millions of dollars in costs.