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Cost Control Remains Key Consideration In Managing Supply Chains - 0 views

  • A recent KPMG International survey, “Global Manufacturing Outlook – Relationships, Risk and Reach” of 200 senior-level executives from North America, Western Europe and Asia-Pacific on supply chains dynamics as a result of prevailing economic uncertainty, shows that 66% feel cost is the leading consideration of their supply chain models, but 63% agreed that more attention should be paid to non-financial elements of the supply chain and 38% said that an acute focus on cost has harmed relationships with suppliers.
ISM Silicon Valley

Global Manufacturing Outlook: Relationships, Risk and Reach - 0 views

  • Business attitudes across the globe — jarred by the European sovereign debt crisis, sagging consumer confidence and continuing market fluctuations — are vacillating between confidence and caution, and volatility is likely to remain a permanent feature of the global business environment. While the financial crisis revealed key vulnerabilities of an interconnected global economy, it has also provided a needed catalyst in helping organizations create more dynamic, resilient and responsive supply chains to. A clear majority of leading industrial companies still see cost as their main priority while managing supply chains, despite emerging evidence that excessive focus on cost has damaged relationships. A majority of the leading industrial manufacturing companies have created supply chain models that appropriately balance agility, sensitivity to risk, quality and cost. They plan to enter into more long-term contracts with fewer suppliers — with cost being the key driver for much of the collaboration. Read our report to find out how leading companies are adapting their business models and employing new supply chain tactics to manage risk while capitalizing on opportunities.
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