As ever-larger "megacities" become home to more and more of the world's people, the supply chains that bring essential supplies to these crowded populations will become increasingly complex.
The problem with many sales and operations planning efforts is that they don't match the "cadence" of all functions within a business, says Marko Pukkila, research director with Gartner Supply Chain Research.
So the Chinese are gearing up to sell their branded merchandise in the U.S. But what about the other way around? Can American manufacturers capture a healthy share of China's burgeoning consumer market?
Dwight Klappich, vice president of research with Gartner, reports on the firm's latest findings about the intersection of supply-chain management processes and technologies.
Customer service and fulfillment excellence are highly prioritized strategies for competitive performance. Increasingly, organizations find that for more effective, resilient and reliable supply chain execution in the areas of warehousing, shipping and procurement, more gains are realized by integrating these previously unconnected processes.
In the face of challenging economic headwinds, consumer goods manufacturers have focused on cutting costs and optimizing working capital. Those routes still offer opportunity, but recent analysis indicates that traditional assumptions regarding tradeoffs among costs, inventory and service don't always hold true, and leading companies are using new, customer-centric levers to unlock value. These actions could yield a potential value of nearly $50bn industrywide, according to research conducted by The Boston Consulting Group on behalf of the Grocery Manufacturers Association (GMA).
Most everyone in manufacturing is aware that today, supply chain is, more or less, "king" of the manufacturing lifecycle. With more globalized supply chains and the trend of working with more and more third parties, it's critical that manufacturers keep a strong hold on the flow of materials from one location to the next.