As corporations turn a strategic eye on sourcing operations, they increasingly realize the need to better manage and enforce their numerous contracts. In may ways, this is old news for transportation and logistics, where contract management tools and processes already are well established, though still underused.
It's a mistake to see the financial information reporting and documentation requirements of the act as the responsibility solely of either the CFO or the IT department. Sarbanes has many implications for supply-chain management.
Terrorists are well aware of the opportunity that global supply chains present to deliver a devastating attack on the U.S. It's up to both the government and U.S. importers to protect us all.
A series of successful logistics partnerships belies Latin America's reputation for poor communications, outdated infrastructure and unreliable service.
Netherlands-based Philips Medical Systems revamped its spare-parts logistics network to better serve owners of its diagnostic imaging machines. These changes were in line with a larger trend in Europe, where roadblocks to centralized distribution of medical equipment slowly are coming down - giving U.S. companies new opportunities for carving out market share.
Europe's widely differing regulations of the consumer health product industry pose significant obstacles to centralized distribution. For companies trying to build efficiencies into their supply chains, such as health care giant Novartis, it's a real Maalox moment.
Consolidation of North American distribution points, a major shift from company-owned and -operated facilities to public warehousing, and economies from a little-known program with U.S. Customs helped slash inventory and associated costs for the Audiovox Corp., a consumer electronics company in Hauppauge, N.Y.
The Shannon Free Zone's irresistible tax benefits and other advantages helped it win the business of Gymboree and of many other companies looking for a European launch pad.
When Daimler-Benz decided to tap into the growing demand for sport-utility vehicles with an all-new design, it relied on innovative manufacturing and supply-chain efficiency to bring the product to market at a reasonable cost.