• 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 Corporations Ill-Prepared to Meet Increasing Demand, According to PRTM Survey

Global Corporations Ill-Prepared to Meet Increasing Demand, According to PRTM Survey

June 25, 2010
PRTM

Senior management executives are optimistic about economic recovery, but their global operations are ill-prepared to meet a significant upturn in demand, according to a new survey conducted by global management consultancy PRTM. The findings are part of PRTM's Global Supply Chain Trends 2010-2012 Survey-the largest annual survey of global supply chains ever conducted by the firm.

With nearly 350 participants from Europe, the Americas and Asia, the survey provides insight into management efforts to recover from the financial crisis and to position supply chains as an enabler of revenue and margin growth.

While optimism abounds-more than half of respondents expect average gross margins to surpass 10 percent over the next three years-three-quarters site demand and supply volatility, coupled with poor forecast accuracy, to be the biggest roadblocks they face in capturing profits from the economic upturn.

Driven by short-term exigencies, many participants did not strengthen critical capabilities during the recession. "Only a small percentage truly improved their supply chain flexibility to capture increased demand and to better manage volatility," says Reinhard Geissbauer, director, PRTM's Global Supply Chain Innovation practice.

Complexity also poses a concern. More than 85 percent of companies expect supply chain complexity to grow significantly by 2012, due to the challenges of serving new global customers-their primary source of revenue growth. Complexity will be driven by delivering products and services to new locations, and by the number of product variations required to meet the expectations of these new customers. Geissbauer says serving global customers extends the risk management challenge across the entire supply chain. To mitigate risk, more than 65 percent of survey participants list end-to-end supply chain practices at the top of their management agendas.

Read Full Article

RELATED CONTENT

RELATED VIDEOS

Logistics Global Logistics Logistics Outsourcing Inventory Planning/ Optimization SC Finance & Revenue Management SC Planning & Optimization Supply Chain Visibility Business Strategy Alignment Global Supply Chain Management SC Security & Risk Mgmt
KEYWORDS Business Strategy Alignment Global Logistics Global Supply Chain Management Inventory Planning/ Optimization Logistics Logistics Outsourcing SC Finance & Revenue Management SC Planning & Optimization SC Security & Risk Mgmt Supply Chain Analysis & Consulting Supply Chain Visibility
  • Related Articles

    World Economic Climate Continues to Worsen, According to Global Survey of Economis

    Supply Management Costs Are Increasing, According to Benchmarking Report

    Economy Sinks, But Airfreight Demand Is Poised to Soar, According to OAG

  • Related Events

    How to Plan More Effectively Across Your Supply Chain

    Let Increased Visibility Ignite Your Supply Chain to Become More Resilient and Agile

PRTM

Global Corporations Ill-Prepared to Meet Increasing Demand, According to PRTM Survey

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