Global Supply Chain: New Supply Chain Digest Report Identifies the 10 Keys to Global Logistics Excellence

News and Views

- April 12, 2007 -

Most companies must make major strides to realize the full potential of globalization, research finds; the report's valuable Diagnostic Tool helps companies assess where they stand versus the potential in technology and process

SCDigest Editorial Staff

Download report: The 10 Keys to Global Logistics Excellence

The News: Supply Chain Digest releases major report on global supply chain, which details the opportunities and challenges, and identifies the 10 keys to global logistics excellence.

The Report Says:

Many companies early in their offshoring evolution find that managing this new set of skills and capability requirements is extremely challenging.

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The Impact: The report will be helpful for companies to understand the full spectrum of issues related to global logistics, and to use the included Diagnostic Tool to help them identify where their current capabilities stand along the 10 key areas, and where they might want to focus their strategies for improvement.

The Story: Supply Chain Digest today released a major report on the global supply chain. The report, titled The 10 Keys to Global Logistics Excellence, provides a detail overview of key challenges and opportunities facing companies as they expand their initiatives for global sourcing and global market development.

Reseach for the report found, for example, found that many companies experience problems in global supply chain operarions such as:

Sub-optimal sourcing results due to inadequate total cost data
High overhead costs to manage the global sourcing and logistics function
High inventories and lost sales as companies struggle to match supply and demand in the long supply chain
High costs for expedited freight
High levels of inbound lead-time variability
Reactive rather than proactive logistics management
Disconnect between inbound international movements and domestic transportation operations

In addition to discussing the global logistics environment and keys to success, the report also provides a detailed Diagnotic Tool that will enable readers to assess their own level of capabilties,and to help develop a road map for technology and process improvements.

The report was made possible with the support of RedPrairie.