Analyst Insight: For retail, what's on the supply chain horizon isn't one-dimensional, purely best practice, absolutely the optimum, but rather a continuum of distinct models working within several different environments. From a supply chain vantage point, the best retailers are those who orchestrate supplier resources with their own, resulting in agility and responsiveness to changing situations and differing customer needs. - Robert Sabath, Principal Essentialist SCM, Trissential
Analyst Insight: Tracking supply chain metrics can help organizations identify opportunities for quality and performance improvement. However, identification is half the battle; organizations must adopt practices that can lead to improvement. One of these practices is the development of close relationships with key suppliers and service providers. Through these relationships, organizations can realize improvements in both performance and quality. - Becky Partida, Research Specialist, APQC
This year Western firms' giant bet on the emerging world will come under more scrutiny. Most multinationals are profitable in emerging markets. American firms, for example, made a 12 percent return on equity in 2012, roughly in line with their global average. But having grown fast, profits are now falling in dollar terms.
Analyst Insight: The industry finds itself in the eye of a perfect storm. Profits are falling from the patent cliff, pressuring companies to adopt new supply chain value propositions. Regulatory compliance and the Affordable Healthcare Act create process and cost pressure. The cold chain manages the Cs: challenges from complexity, connectivity, compliance and continuum of care. And, above all is the shift from fee-based services to outcome-based care and payment. - Rich Sherman, Principal Essentialist, Trissential
Richard Bank, director of the Sustainable Supply Chain Foundation, supplies an update on the organization's efforts to instill voluntary standards for sustainability in the warehouse, as well as other logistics processes.