Analyst Insight: Selection of service providers in the area of reverse logistics is getting more complex for the companies that are following the "triple bottom line" philosophy. Additional criteria in the selection process are required to ensure that the relationship between the customer and the service provider increases sustainability efforts and enhances the value of the network both upstream and downstream.
Analyst Insight: As the economic recovery proceeds, companies should be changing their sights from mere tactical cost-cutting measures to more strategic improvement initiatives. Productivity increases and cost containment are now considered a given at the leading companies. The bigger benefits are coming from companies that are integrating logistics and distribution more broadly into innovative supply chain improvement strategies.
Analyst Insight: With online retail sales projected to reach 17 percent of total company sales in 2010 and double-digit growth expected each year through 2012, retailers must take measures to offer next-generation retail. That would create a model that focuses on consumers and their experiences up to and through the purchase, or moment of truth. While most retailers have invested in some form of online capabilities, few (7 percent) have built the appropriate supply chain infrastructure to support a true, seamless, cross-channel experience for the customer.
Analyst Insight: Don't be fooled by the dismal lack of progress in government venues on climate-change agreements or environmental legislation. The smartest companies are already pushing the frontier to bigger and bolder green agendas to gain competitive advantage, with the added benefit of enhancing their reputations for true corporate responsibility.
Analyst Insight: New product launch success remains elusive cross-industry, with fewer than 60 percent on average considered successful in high-tech alone. Yet PLM applications have been deploying for over 10 years. Manufacturers claim time-to-market and cost benefits, so why such poor success? The answer is a combination of narrow PLM deployments and PLM providers not grasping the attention of all stakeholders.
Analyst Insight: Today, sustainability is on the agenda of the highest-ranking corporate executives, as well as line-of-business managers. It is time for companies to take a more serious look at the role sustainability can play in making their supply chains more viable, competitive and best aligned with the Triple Bottom Line of profits, people and planet.
The latest news, analysis, trends and solutions for sustainability and corporate social responsibility (CSR) and their impact on supply chain management. New customer expectations for green and ethical products and practices are transforming the way companies do business — and requiring more supply chain transparency than ever before. As solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are leveraging sustainability and CSR to stay ahead of the competition in their industries.
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