INR Media Network


 

Study on Supply Chain Cost-Cutting Strategies Says Companies are Redesigning Supply Chains

6:59 am   -   April 10th, 2007

According to a new study released this week by Aberdeen Group, and co-sponsored by Supply Chain Consultants (www.supplychain.com), three-quarters of all process industry companies surveyed are focusing on supply chain transformation in order to address and contain manufacturing and logistics costs.

The report, entitled “Supply Chain Cost-Cutting Strategies: How Top Process Industry Performers Take Radically Different Actions,” also found that Best in Class companies are strikingly ahead of their peers in achieving their transformation goals, and are much more aggressive in adopting supply chain technology as part of their improvement initiatives.

“Best in Class companies are four times more likely than their lower- performing peers to have established a centralized supply chain management organization and to have achieved data and process visibility across their supply chain, enabled by their higher adoption rate of technology,” said Beth Enslow, SVP of Enterprise Research at Aberdeen and author of the report. “The study also found that Best in Class companies have a 2.5X to 9X advantage in key performance improvements since 2005, including improving perfect order percentages and lowering supply chain costs.”

The Aberdeen study surveyed 74 companies in the process industries, which include chemicals, pharmaceuticals, food and beverage, oil and gas, and pulp and paper sectors. Companies in these industries now widely realize that they must restructure their supply chains to reduce costs and maintain their customer service edge.

A majority of study respondents plan to upgrade their technology as part of a supply chain restructuring, with 82 percent of the companies surveyed having spending plans for new supply chain technology projects in 2007. The study also finds that the marriage of technology with process has allowed the Best in Class companies to achieve a plethora of results, including lower manufacturing costs, improved order metrics and inventory reduction.

Dominick Corigliano, Supply Chain Consultants’ vice president of sales and marketing, said, “The Aberdeen report reinforces the advantage that Best in Class companies have over their peers in transforming their supply chain strategies. We have seen this advantage with many of our own customers who are considered Best in Class for their innovative use of technology in their supply chain improvements.”

To download a complimentary copy of “Supply Chain Cost-Cutting Strategies: How Top Process Industry Performers Take Radically Different Actions,” for a limited time please visit: this link.

About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen(TM) for insights that drive decisions.

As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen’s analytical and independent view of the “customer optimization” process of Harte-Hanks (Information – Opportunity – Insight – Engagement – Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com/ or call (617) 723-7890, or to learn more about Harte- Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com/.

About Supply Chain Consultants
SCC is a 13-year-old supply chain management software and services company with headquarters in Wilmington, Del., and European operations located in Antwerp, Belgium. SCC’s Zemeter software and related services help manufacturers better plan demand, manage inventories, plan production and replenishment, and schedule operations. Zemeter enhances productivity and reduces operating costs at a wide variety of companies including Hexion Chemicals, Terra Industries, INEOS, Sunsweet Growers and ANADIGICS. For more information, see www.supplychain.com.

Moreover Technologies - Logistics news - 30 of 4019 returned
Moreover Technologies - Real-time news and blogs from thousands of sources

Learn To Profit From eBay - Sponsored Link
Ad - Free Video Reveals The Number One Secret To Making Money On eBay
$800m earmarked for Maputo port developments, says freight group
The Port of Maputo, in Mozambique, will see an estimated investment of around $800-million over the next five years, says Grindrod Freight Services CE Dave Rennie. JSE-listed shipping and freight services specialist Grindrod will be responsible for
Woods looks to keep going at FedEx Cup
Extract not available.
DCI Adopts ScheduALLs ERMa for Enterprise Collaboration Designed to Flatten t...
Local Database Connection Failed , please check your settings. Error : Warning: mysql_close(): supplied argument is not a valid MySQL-Link resource in /home/freepr/public_html/Classes/MySQL.php on line 120
Buyers Stepping In - UTi Worldwide
New York, September 2nd (TradersHuddle.com) - Unusual high volume detected on shares of UTi Worldwide Inc. (NASDAQ:UTIW), early in the trading session. UTi Worldwide is currently trading higher by 4.95%, so definitely the buyers stepping in, as the
New Royal Mail sorting office threatens 400 Kent jobs
cwudave banburykentmaidstonenew royal mailroyal mail>> More Categories: Royal Mail currently employs about 3,700 workers in Kent Plans to modernise postal services in Kent could lead to 400 job cuts and the closure of four sorting offices. Royal Mail
DHL mentors Kenyas youths
Tune in to Capital FM on: 98.4 Nairobi, 93.0 Western Kenya and 104.5 Malindi * Catch up with Capital Business News daily at 7.15, 8.15, 12.15, 14.15, 16.15 and 17.15 EAT NAIROBI, Kenya, Sep 2- DHL Kenya has embarked on this year?s go-teach programme
DHL deploys disaster response team in Pakistan
SINGAPORE, Sep 2 (GCTL) - DHL, the leading global express and logistics company, said it has deployed a team of logistics experts from its Disaster Response Team (DRT) to manage a temporary warehouse at Islamabad International Airport. The DRT will
Logistics Manager - Magazine Distribution Industry
Randstad - Business Support - Sydney
MOTORCYCLE MAIL DELIVERY
Randstad - Industrial - Adelaide
DB Schenker Rail to invest in new freight cars & locomotives
MAINZ, Sep 2 (GCTL) - DB Schenker Rail, the Deutsche Bahn freight operator, will invest about EUR 410 million (US$525.69 million) primarily in new freight cars and locomotives throughout Europe this year. "This is a record amount which we plan to
Storeman (Supervisor within 12 months) - Not your Average Warehouse
Extract not available.
Penske Logistics opens new Manaus, Brazil warehouse
READING, PA, Sep 3 (GCTL) - Penske Logistics has opened a new 11,000-square-metre Manaus, Brazil factory distribution centre, located at Av Torquato Tapajós. Bill Scroggie, Managing Director, Penske Logistics Brazil, said that opening a warehouse in
Recently released market study: Brazil Freight Transport Report Q4 2010
- In mid-2010, BMI discussed the uncertainty surrounding the costs and timetable for the high-speed rail tender in Brazil. Factors that could deter sponsors and that made BMI question the economics of the project included: an increase in the private
PepsiCo Expands Business With Jacobson Companies In The Pacific Northwest
Des Moines, IA: PepsiCo announces that it has awarded Jacobson Companies the operating contract to run a brand new 450,000-square-foot distribution center in Tacoma, WA. As part of PepsiCo?s efforts to consolidate their supply chain, they recognized

Powered by INR Media
Logistics News
Logistics news continually updated from thousands of sources around the net.

Survey puts CentraCare at top of workplace ranking

CentraCare Health System is ranked at the top of the Minneapolis/St. Paul Business Journal's annual list of the state's best large companies to work for.


Stimulus Money Trains Unemployed Ohioans For Logisitics Jobs

A program to train more than 1,000 unemployed Ohioans to work in the logistics field is underway in Columbus.


Notable Stock Earnings

Canadian Solar Inc. said that its earned $3.22 million, or 7 cents a share in the second quarter, compared with $17.67 million, or 49 cents a share, in the year-ago quarter.


Total Logistic Control donates to Project Backpack

OMNI Community Credit Union got a great surprise last week when employees from Total Logistic Control, in Kalamazoo, came in with bags full of school supplies for Project Backpack.


Suddath and Landology Partner to Acquire Victoria National Golf Club

Victoria Partners LLC, a unique joint venture between The Suddath Companies and Landology, is proud to announce its investment into and acquisition of one of the nation's premier golf courses - " Victoria National Golf Club.


Thursday Briefcase

St. Clair County Community College's Workforce Training Institute will offer a supply chain technologies program on the college's Port Huron campus.


Logistics Load Matching Platform on SuperWebGIS

SuperGeo Technologies develops a WebGIS platform combining spatial data, delivery mode, and WebGIS technology for logistics vendors and consumers to query on an efficient platform.


The double-dip overhype – for some, at least

Downturn in the economy doesn't always mean tough times. These four companies increased earnings every year for the past decade John Reese T he U.S. economic recovery has slowed a bit in recent months, sparking new fears of a double-dip recession.


NZ regulator charges freight firms over cartel

New Zealand has filed charges of price fixing and collusion against a number of air freight-forwarding companies, the competition watchdog said on Thursday.


Victoria National Golf Club sold to investment group

DENNY SIMMONS Victoria National Golf Club's course offers a multitude of obstacles for golfers, including bunkers, water and native vegetation.


Denial symptom No. 36: Cyclicals stocks still lead

Something is going to have square away in an increasingly unbalanced market equation over the coming months, if not weeks.


Schneider Logistics will sell its freight forwarding and customs...

Schneider Logistics will sell its freight forwarding and customs house brokerage business to Norbert Dentressangle, a $3.5 billion trucking and logistics operator.


Schneider Logistics to Sell Freight Forwarding and Custom...

GREEN BAY, Wis. Schneider Logistics, a leading global logistics provider and part of the Schneider National enterprise, announced today that it has agreed to sell its freight forwarding and customs house brokerage business in the United States and China to Norbert Dentressangle, a major European transportation, logistics and freight forwarding ...


Frankfurt Airport Expands Cargo Hub

Fraport AG - the owner and manager of FRA - has issued a worldwide "Call for Expression of Interest" inviting the logistics industry to specify its locational and space requirements.


India for a Smarter Region Leading to a Smarter Planet Triggered...

India for a Smarter Region Leading to a Smarter Planet Triggered Through Global Coalition for Efficient Logistics 2010-08-31 09:33:39 - Members of the Confederation of Indian Industry and GCEL met in Mumbai to consider how Indian business can best take advantage of the HumaWealth program.



Powered by INR Media