• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Macro Trends Affecting Global Supply Chains

Macro Trends Affecting Global Supply Chains

February 11, 2013
SupplyChainBrain

The slow economic recovery has companies shifting their focus from cost reduction to one of optimization and growth, Dongre says. Opportunities exist for those who are willing "to be innovative or transformational in approach."

At the same time, there remains a significant amount of uncertainty in markets, leaving many businesses unsure of how to proceed. How they tackle the issue of growth in the next 12 to 24 months is crucial, says Dongre.

They might begin by examining the most effective strategies. To achieve growth today, companies need to address additional revenue channels. Traditional publishers, for example, are embracing the internet and e-books, while music companies are focusing much of their efforts on the downloading of songs and albums. "They have to adapt to this new channel," says Dongre. "In order to do this, they either have to invest in new technology or leverage technologies that support both physical distribution and [electronic media]."

Achieving visibility and control over multiple channels can prove to be a significant challenge. Companies must learn to collaborate across various segments of business. Physical and digital products might be separate business units, "but the fundamental assets being distributed are the same," says Dongre. "It's critical to have end-to-end visibility across channels, so that you can flexibly and nimbly adapt."

Another challenge to be addressed is growing demand volatility. Many companies are suffering from a lack of forecasting accuracy. The picture is clouded by unanticipated natural disasters, disruptions of raw-material supplies and other supply-chain glitches. To deal with the problem, Dongre recommends that companies embrace technology that allows them to respond quickly to changes in the market, and the requirements of multiple channels.

To view video in its entirety, click here


Keywords: supply chain, supply chain management, international trade, inventory management, inventory control, supply chain planning, supply chain systems, retail supply chain, sourcing solutions, supply chain risk management

RELATED CONTENT

RELATED VIDEOS

Logistics Technology Forecasting & Demand Planning Sales & Operations Planning SC Finance & Revenue Management SC Planning & Optimization Business Strategy Alignment Global Supply Chain Management Asia Pacific
KEYWORDS Asia Pacific Business Strategy Alignment Forecasting & Demand Planning Global Supply Chain Management international trade inventory control Inventory Management Logistics retail supply chain Sales & Operations Planning SC Finance & Revenue Management SC Planning & Optimization Sourcing Solutions supply chain Supply Chain Analysis & Consulting Supply Chain Management Supply Chain Planning Supply Chain Risk Management supply chain systems Technology
  • Related Articles

    Macro Trends Affecting Global Supply Chains

    How an Evolving China Is Affecting Global Supply Chains

    How an Evolving China Is Affecting Global Supply Chains

SupplyChainBrain

100 Great Supply Chain Partners Issue 2009

More from this author

Wake up to Coronavirus Updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • Coronavirus-watch-Armada

    Virus Update: U.S. States Get Boost in Doses; Global Cargo Jam Could Last Into 2022

    Coronavirus
  • Robotic automation

    Autonomous Supply Chains Are on the Horizon

    Coronavirus
  • Shipping Logjam

    U.S. Retailers See Millions in Sales Delays Amid Shipping Logjam

    Coronavirus
  • How Can E-Commerce Retailers Compete?

    Smaller E-Tailers Weigh Pros and Cons of Fulfillment by Amazon

    Logistics
  • Walmart

    Walmart Embraces a Local Fulfillment Model for Grocery

    Logistics

Digital Edition

Scb feb 2021 lg

2021 Supply Chain Management Resource Guide

VIEW THE LATEST ISSUE

Case Studies

  • Remote Implementation: A Dose of the Right Medicine for B2B Pharmacy

  • LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

  • Auto Supplier Wows Key Client Using riskmethods Supply Chain Savvy

  • Integrating Shipping and Compliance Saves Conglomerate Millions

  • How a Consumer Goods Giant Upped Its On-Time Delivery Performance

Visit Our Sponsors

6 River Systems ArcBest Armada
aThingz BluJay Burris Logistics
DSC Logistics DCSA (Digital Container Shipping Association) DHL Resilience360
Genpact Geodis GEP
GreyOrange Honeywell Intelligrated Infor
Inmar Kibo Commerce Logility
Magnitude Software MPO Old Dominion
Oliver Wight OpenSky Paccurate
Ports America Purolator QAD Precision
Red Classic Riskmethods Snapfulfil
TGW Systems Transportation Insights Watson Land Company
Westfalia Technologies Workjam Yang Ming
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright ©2021 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing