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Global Supply Chain Management: Page 673

Moving Away from Cost Reduction to Cost Excellence

The list of challenges facing corporate leaders today is lengthy. It includes globalization, rapidly shifting market dynamics, fallout from the European debt crisis, and a potential slowdown in Asia. It is unclear how these economic trends will play out and what impact they will have on industries and countries. Companies will also be faced with unexpected turbulence, whether in the form of adverse changes in their business or the arrival of tough new competitors. All this makes it more critical than ever before for corporate leaders to closely scrutinize the cost side of their income statement.

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Make Your Supply Chain More Sustainable by Knowing Five W's of ISO 14001 Certification

If you're responsible for supply chain management or providing supply chain services, reducing your carbon footprint is likely becoming a priority. So how do you get there from here? One route to sustainability is ISO 14001 certification. Here's the Who, What, When, Where, Why and How of getting there.

Will You Be a Winner or Loser in the China That's Evolving?

It is not enough for global businesses to know that in coming years China's economy will move away from an over-reliance on investment and toward more consumption. They also must know that the potential costs and benefits of rebalancing the world's second-largest economy are high and will affect industries not only domestically but also around the world.

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Reshoring Seems to Be More About Consumer Demand

Is reshoring (the return of manufacturing to the U.S.) really even a debate? A debate would indicate that there are two compelling sides to the argument, but from what I see, the hard and fast facts of the economy preclude a debate.

The U.S. Merchant Marine Is Foundering. Should We Care?

More than 30 years ago, when I began writing about transportation and logistics, one of the first pieces that I did was about the imminent demise of the U.S. merchant marine. Today, I find myself addressing the same issue. As industries go, this has got to be one of the slowest deaths on record.

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The New World of Global Trade Management

The term "global trade management" used to mean one thing: compliance. Not anymore. Today, GTM embraces the whole experience of moving goods across borders: regulation, duty management, logistics and, most of all, global supply-chain visibility.

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Importance of Demand Management Grows as Sources of Data Multiply

Demand management as a pursuit, a skill, a function and a set of technologies has grown considerably in importance due to new ways to reach customers and new ways to analyze data about them. Intense competition for product companies and retailers and the squeeze on margins challenge companies to get a lot better at planning.

Are You Sure You Really Understand the Basics of 'Lean'?

This is one of the great barriers to lean implementation: Concepts of lean are both counterintuitive and counter-cultural. Hence, if you wish to be a lean leader, you must go back to the basics and make sure you have a clear understanding before you are able to teach others.

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Look Who's Growing - Not Emerging Markets But the Older Economies

The balance of world economic growth is tipping in another direction. Just as economists have begun lowering their forecasts for China and many other developing economies, the American economy is bouncing back. Japan appears to have turned a corner and is ending almost two decades of grinding deflation. Economic data out of Europe on Wednesday provided the first solid indication that many countries in the euro zone may be escaping the clutches of recession.

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100 Great Supply Chain Partners 2013: Strengthening Your Global Network

Remember when words like "globalization" seemed to be enough to drive some folks into the streets in protest? Surely, most of us have accepted that business is the way of the world. That's especially true when it is almost as easy to do trade with someone halfway around the globe as it is halfway across town. Just look at how interwoven we are in world commerce.

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Taking the First Steps Toward Mobile Supply Chains

Technology executives are the biggest buyers from a mobile device, with more than two-fifths reporting they use mobile to research transactions greater than $100,000, according to a Forbes Insights and Google survey of 511 executives.

Who Should 'Own' the Big Data Your Company Has Amassed?

Over the past five years, the world has witnessed an unprecedented explosion of digitized data, which is often referred to as "big data." Its potential remains alluring - and largely untapped. The data opportunity is like a diamond mine, mostly littered with rocks and dirt, but with enough gems peeking out to attract those unafraid of the hard work needed to sift through it.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site