Supplier Assessment

Boost Supply Chain in S. African Wine

JOHANNESBURG, Aug. 27 (Xinhua)-- An improving supply chain could help South African wine industry and raise the country's economic competitiveness, according to a study released on Tuesday.   Lack of supply chain awareness is hampering the competitiveness of South Africa's wine industry, said the study released in Johannesburg.   "Many cellars are still thinking like fruit farmers who merely sell their produce to exporters. It's a mindset that can, and must urgently change,...

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Nine key trends of global logistics

Logistics complexity – in the form of fragmented channels, increased product variations, and consumer demand for customized solutions – has been increasing, according to a global study published recently by BVL International, a worldwide supply chain and logistics membership organization.   “Several trends identified in the study demonstrate that a number of major challenges lie ahead as the world becomes a more complex place in which to operate logistically,” said Dr. Robert ...

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Why Being in China Is Compulsory?

If you have ever imported from China before, you know how important it is to have a presence on the ground, with your own staff or with external help. Not having one can create many headaches, frustration and can cost you thousands of dollars. Not having representatives in China can be the difference between managing a successful importing project from China or an unsuccessful one.   Setting up your own presence in China can be difficult, expensive and time consuming. Therefore, many ...

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10 Ways to Cut Supply Chain Costs

If you want to reduce logistics costs, you have to take the time to review your processes. Nathan Pieri, senior vice president of marketing and product management for Rutherford, N.J.-based Management Dynamics, offers these tips for trimming your logistics budget.   1. Eliminate supply chain bottlenecks. By periodically reviewing and analyzing their supply chain networks, companies can pinpoint issues and proactively address them. Strategies to reduce or eliminate bottlenecks include...

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Becoming a Global Supply Chain Expert

Depending on their positioning, companies can follow certain strategies to become a global supply chain integrator. For companies already globally sourcing or manufacturing for export out of China, the primary goal should be to gain additional scale benefits by capturing sales opportunities in the Chinese market itself. The key success factors in this case are differentiation, flexible business models, and third-party contract manufacturing.   A good example would be Wal-Mart, whose s...

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Increase Shippment Density Creatively

Fuel price increases, passed on by the ship owners through surcharges or increased operating costs, have laid waste to transport budgets, at the same time as media, consumers, shareholders and regulators apply pressure on organizations to measure and lower their carbon emissions. This combination has forced companies to look for steps to become more fuel-efficient.   There is already plenty of work going on to reduce emissions in the shipping industry, which annually emits more than a...

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What Does 2012 Hold in Supply Chain?

Procurement, in the year 2011, witnessed some of the major challenges, especially from a supply chain perspective. Procurement professionals around the globe were seen fighting supply disruptions emerging out of the adverse events that occurred in 2011 which not only resulted in production losses but also negatively impacted company bottom lines. Based on the impact of these threats, various studies are forecasting a loss of €280 billion for the year 2012.   Effectively managing sup...

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