• 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 » Global Supply Chain Trends 2008 - 2010: Driving Global Supply Chain Flexibility through Innovation

Global Supply Chain Trends 2008 - 2010: Driving Global Supply Chain Flexibility through Innovation

July 16, 2008
From PRTM/Shoshanah Cohen,Reinhard Geissbauer,Ankur Bhandariand Michael D'heur

PRTM has published its sixth annual survey of global supply chain trends with 300 international participants. The survey is designed to provide critical insight into how industry leaders are globalizing their supply chain operations to achieve competitive advantage in today's challenging business environment. The survey provides answers related to areas of critical concern, including:

1. Designing the future configuration of supply chain networks, in the face of increased globalization and outsourcing
2. Maintaining product quality and safety while managing numerous internal and external channel partners across the globe
3. Setting new priorities on the COO agenda to ensure supply chain flexibility and to shape the requirements for high performance supply chains

While the survey reveals numerous strategies used by companies to manage their supply chains on a global basis, we have identified ten major trends that are driving innovative supply chain design and configuration across all industries:

1) Globalization is accelerating, leading to large structural shifts for global supply chain organizations and new challenges to successfully manage supply chain performance. While past globalization initiatives focused on manufacturing and assembly, future globalization will also target product and technology development.

2) Pressures to reduce cost and penetrate local markets are the two key drivers of accelerated globalization.

3) Despite average cost reductions of 17% per globalization initiative, many companies have difficulty realizing savings in management costs. The gap between planned and actual benefits is caused by internal barriers that prevent full support of globalization efforts, and external network partners that fail to achieve expected performance.

4) China and India continue to emerge as major targets for globalization, while Eastern Europe is catching up as a top offshoring destination. Investments in North America and Western Europe also remain strong as companies look to secure access to local markets and key resources.

5) Product quality and safety, as well as supply chain delivery and security, are the most critical concerns when expanding the supply chain globally. Four major risk mitigation strategies--including the deployment of company resources at supplier locations--are employed.

6) Major barriers to globalization include limited supply chain flexibility and the lack of internal competency to manage partners. Better visibility and management across the supply chain are important keys to overcome these barriers.

7) Environmental sustainability is a key consideration in the development of future globalization strategies. Today, sustainability is mainly driven by the need for regulatory compliance and satisfaction of customer demand. It is not yet considered a strategic differentiator.

8) Acceleration of supply chain maturity, enabled by advanced supply chain practices, appears to have reached a plateau. Among those surveyed, supply chain maturity differs significantly across geographic regions and industries.

9) By 2010, the need for greater supply chain flexibility will overtake product quality and customer service as the major driver for improving supply chain strategy. Many supply chain leaders have developed effective strategies to improve global flexibility.

10) The COO agenda across industries and geographic regions is converging on improving supply chain flexibility and performance.For the full report, go to:
http://www.prtm.com

RELATED CONTENT

RELATED VIDEOS

SC Planning & Optimization Global Supply Chain Management
KEYWORDS Global Supply Chain Management SC Planning & Optimization
  • Related Articles

    Global Supply Chain Management: Demand-Supply Networks: Success Factors in 2010

    Driving Supply Chain Transformation Through the Chief Supply Chain Officer

    GL&SCS and CSCMP Present the Supply Chain Innovation Awards of 2008

From PRTM/Shoshanah Cohen,Reinhard Geissbauer,Ankur Bhandariand Michael D'heur

Global Supply Chain Trends 2008 - 2010: Driving Global Supply Chain Flexibility through Innovation

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: Biden Unveils National Strategy; Pfizer Says It’s Willing to Sell Vaccine to States

    Coronavirus
  • Car Industry

    A Year of Poor Planning Led to Carmakers’ Massive Chip Shortage

    Technology
  • Can Employers Require Employees to Get the COVID-19 Vaccine? Part 1

    Watch: Can Employers Require Employees to Get the COVID-19 Vaccine? Part 1

    Coronavirus
  • U.S. Vaccine Rollout Hindered by Faulty Coordination, Messaging

    WHO Fumes at Western Drugmakers As China Fills Vaccine Void

    Coronavirus
  • COVID-19 Vaccine

    Vaccine Disparities Raise Alarm as COVID-19 Variants Multiply

    Coronavirus

Digital Edition

Scb home issue 27

2020 Supply Chain Innovator of the Year

VIEW THE LATEST ISSUE

Case Studies

  • 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

  • LSP Wows Global Client, Quickly Advances to Become End-to-End Provider

Visit Our Sponsors

6 River Systems ArcBest Armada
aThingz BluJay Burris Logistics
DSC Logistics DCSA (Digital Container Shipping Association) DHL Resilience360
Genpact GEP Honeywell Intelligrated
Infor Logility Magnitude Software
MPO Old Dominion Oliver Wight
OpenSky Ports America Purolator
QAD Precision Red Classic Riskmethods
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 © 2016 - 2018 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