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Supply chain consulting firm Tompkins Associates recently published a report showing that many companies are too narrow-minded, and not planning for when the economy improves when it comes to the supply chain. He is predicting that comeback will spur consumer and investor confidence first in North America, followed by Asia, and then Europe.

He says however, that many companies are ill-prepared and in fact falling behind by not investing during the current downturn.

Factors that need to be considered
  • Competitiveness—brand loyalties will give way to pricing and value
  • The Consumer and the Customers—play to frugality
  • Efficiency—lowest cost supplier or provider will win more
  • Flexibility—agile supply chains can change faster and boost sales
  • Velocity—value of inventory optimization is even more critical to ensure the right inventories are in the right place at the right time and in the right amounts

Supply and Demand Chain Executive
Business Leaders Seen Focusing Too Much on Economic Bottom, Not on Planning Their Supply Chain for Upswing
May 22, 2009

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