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Business Strategy Alignment: Page 736
Markets Will Continue Growing, Diversifying
From government to home solutions, RFID is changing, step by step, our way of working, answering our questions about the world we live in, as well as creating humanitarian solutions that can make a real difference in the lives of those in need. Many negative myths exist about RFID and its applicability, reliability and availability. They are oft repeated by those who have low to no contact with the actual solutions.
The Critical Need for Decision Support & Analytics in Global PLM
In past product lifecycle management research, we asked manufacturers why they think product launches fail-the reason most often cited was that the product doesn't meet customer needs. While still within the top three, not meeting customer needs has been replaced in this year's spending study by a new top challenge: higher than projected costs.
What Does Obama Mean to the Supply Chain World?
Certainly we expect the new president to favor legislation protecting consumers as well as incentives to reduce job losses to low-cost manufacturing countries. But it is not clear how much of an effect he will be able to have, at least in the short term. We do expect to see significant investments in infrastructure/public works projects and a continuation, for now, of recent defense spending levels.
Risk Management Emerges from the Shadow of Compliance
With new crises seemingly emerging weekly, risk management has taken on a new urgency. Leading companies recognize the importance of a solid supply chain risk discipline, but grapple with scope, ownership, metrics, and ties to other types of strategic and operational risks facing the business.
Global Recession, Obama's Policies to Affect Supply Chains
The election of Barack Obama in the United States, the repercussions of the global "financial bailout" and a potential increase in environmental regulations will affect supply chain operations at multiple levels. The ability to quickly monitor and absorb these changes in supply chain structures will be the main agenda for 2009.
Inventory Optimization Is Just One Tool Among Many in Complex Supply Chains
To make multi-echelon inventory optimization more impactful, it must take a more holistic approach that accounts for the implications of inventory decisions on total supply chain costs, for organizational realities and weaknesses in supporting functional areas.
In Difficult Economy, Leading Companies Are Transforming Their Supply Chains
Core high-tech consists of semiconductors, contract & design manufacturing, original equipment manufacturing, consumer electronics, and telecommunications. Most companies in this segment are highly impacted by the economic downturn, trying to reduce working capital, and segmenting product decisions based on profitability.
Supply Chains Evolve into Multi-Enterprise Business Networks
There is nearly unanimous recognition of the need for supply chain transformation driven by factors such as the globalization of supply, increasing competitive pressures, and dwindling product life cycles from companies. This transformation's initial state is the linear supply chains of the past and the final state is a dynamic multi-enterprise business network.
Rebalance Supply & Demand to Prepare for Recovery
2009 is certainly shaping up to be a difficult year for manufacturers. Tight credit markets, poor consumer confidence and retail sales, along with low manufacturing activity, suggests that overall supply chain investment activity will be reduced and cost-savings activities will be prioritized.
Decreasing Costs Key in Times of Political, Economic Uncertainty
Staying afloat during times of economic challenge may require companies to rethink the way they have traditionally conducted their businesses. Finding ways to standardize and streamline processes may be essential to reducing costs within the demand/supply chain planning functions.
The Green and Smart Supply Chains of the Future
The green imperative is expanding into virtually all walks of life and all facets of the economy. Demonstrating green credentials is increasingly a minimal stakeholder expectation and business risk management factor, and is shifting from an order-winning to an order-qualifying attribute. Swallow that carbon pill! A whole swath of additional environmental expectations may well be just around the corner, as well as a whole new way of looking at "green" and the environment.
Looking Green in the Eye
For the last three years global corporations have added "green" and "sustainability" to the supply chain agenda, in particular with respect to climate change and carbon footprint reductions. This trend coincided with unprecedented economic growth and record-breaking energy prices. With recession looming, supply chains will face their true commitment to the environment as they adjust operations.
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