The increased complexity of global supply chains has led to longer lead times, more pipeline inventory, and the need to control downstream an upstream logistics, according to Supply Chain Visibility Excellence: Mastering Complexity and Landed Costs, a report from Aberdeen Group.
Although organizations must connect suppliers and customers around the globe, managing worldwide supply chains can cause cost increases and operational challenges, However, Aberdeen Group's latest research, entitled 2012 Best Practices for Closing the Loop on Multinational Transportation Procure to Pay, identifies best-in-class behaviors that enable the top 20 percent of performers to reduce invoice cost, yet process and pay faster than competitors.
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