In many instances, 25% to 40% of an organization's business is transacted internationally. This number rose dramatically in the past five years and is predicted to reach between 35% to over 50% within the next decade. With this seismic transformation to a global economy, the complexity of a company's supply chains increases geometrically if not exponentially. Managing inventory, costs, and compliance effectively and efficiently across a network of global supply chains is severely compromised using traditional processes and technologies. Rising levels of inventory, misunderstood total cost of product ownership, increased regulatory business compliance and the risks associated with international business have brought an unprecedented level of awareness to C-level executives. With this growing percentage of global activity in a company's product mix, the way a company constructs and manages its global supply chain has significant and growing impact on its financial results and strategic competitiveness. The inability to effectively manage these complex supply chain networks places organizations at significant risk...
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