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Beyond Off-shoring and Out-sourcing: Supply Chain Imperatives

Wednesday, April 23, 2008 General News J E 4
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CHAPEL HILL, N.C., April 22 After off-shoring andout-sourcing, what's left for increasing supply chain efficiencies? Leadingcompanies realize it's back to the basics for squeezing out further costreductions from the supply chain, including innovations for strict adherenceto cycle times, fill rates and other performance targets through theapplication of state-of-the-art software and Internet tools.

A host of proven strategies and best practices are compiled in SupplyChain Management Best Practices, a benchmarking research study conducted byBest Practices, LLC, a leading research and consulting firm. A complimentaryexcerpt is available at http://www3.best-in-class.com/rr932.htm .

The report captures cost saving tactics and productivity initiativesgleaned from survey responses and interviews with supply chain corporateleaders at 27 top companies such as JPMorgan Chase, Texas Instruments, MartinMarietta, Wyeth and Verizon. The 135-page study contains 88 metrics, 22narratives and insights such as:

Supply chain managers and executives seeking to improve their own supplychain cost reductions will find this report invaluable for learning how thebest in the world do it. By incorporating the supply chain tactics adopted byworld-class companies, organizations can cut costs as well as boost theefficiency of their supply chain.

To download a complimentary excerpt of "Supply Chain Management BestPractices" visit http://www3.best-in-class.com/rr932.htm . For moreinformation, contact Cameron Tew at (919) 767-9246 or ctew@best-in-class.com.

ABOUT BEST PRACTICES, LLC

Best Practices, LLC, is a benchmarking research firm that conducts workbased on the simple yet profound principle that organizations can chart acourse to superior economic performance by studying the best businesspractices, operating tactics and winning strategies of world-class companies.Please visit our website at http://www3.best-in-class.com .-- Coordinate key metrics for synergistic cost saving effects and avoid seeking performance targets in isolation of one another -- Work closely with key customers to develop performance metrics that drive process improvements -- Use RFID to track products throughout the chain in real time -- Implement vendor-managed inventory programs to drive inventory carrying costs down

SOURCE Best Practices, LLC
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