Some companies are adopting new returns management processes to gain competitiveness and reduce costs. It isn't magic, but most organizations still haven't caught on.
Afraid to let safety stocks get too low, companies often get overwhelmed by their inventory. New ideas, processes and technologies in inventory management can solve that.
Preaching the gospel of Six Sigma, the company takes a global approach to the coordination of after-market parts planning, inventories and distribution.
While many companies curb investments in new supply-chain systems and process change, some take the long view. They're spending now, to realize big payoffs later.
The automaker teams up with Caterpillar Logistics and SAP to forge a new information system to manage the flow of service parts to dealers around the world.