Although manufacturers may not have a legal duty to police their distributors for counterfeit products, they have an economic interest in doing so. But for now, the best protection consumers have against falling victim to counterfeit trade is the ensure, to the best of their ability, that all of their purchases are made through manufacturer-authorized channels.
In the early 2000s, Dow Corning recognized that silicone was starting to become a commodity and that they needed to rethink their business strategy. The company's new business model was a complete shift from where they had found success in the past, but it was a shift that created a brand new market and customer base for the manufacturer.
The use of optimization technologies can maximize supply chain value by implementing more sophisticated approaches to standard practices such as inventory and asset management.
Innovative supply management methods can significantly reduce the earnings-at-risk even for smaller companies.
Last summer, when The Boeing Co. announced it would delay the introduction of its 787 Dreamliner, CEO Jim McNerney blamed the problem on the...
They're longer-but they also have to be faster.
WHY MORE CEOs ARE BECOMING SUPPLY-CHAIN EXPERTS.
Overhauling your supply chain can be a Herculean task. Here are some strategies for tackling the challenge.
There's still no silver bullet when it comes to optimizing the connection between partners, customers and suppliers-but it's a must to stay competitive. And it's up to CEOs to make those big investments pay off.
Supply chain management has tightened its hold on the corporation—but respondents to a Chief Executive/Ryder Integrated Logistics poll say some links are still missing.For...