Supply Chain Outlook 2020: Defining Competitiveness

Supply chains, more than ever, play an important role in defining competitiveness. However, emerging strategies for better managing spend and supplier relationships are helping to strengthen supply chain resilience and drive business growth. There’s no going back. We don’t visualize any situation where supply chain organizations can begin taking their foot off the pedal. Economic…

Market Price Normalization Improves Competitiveness

When we assess a new client’s spending against market pricing, we usually see a distribution of prices made up of overlapping distributions. A typical example looks like the Competitiveness Profile illustration below. The profile suggests three distributions. The first is a fairly tight distribution of good pricing positioned where half of the distribution is seen…

distributors

Healthcare Costs Top Manufacturers’ Concerns

Many government initiatives are passed with the best of intentions but with unintended results. In the U.S., small to mid-size manufacturing companies will be spending more on healthcare requirements this year than on expansion and new product development. PrimeAdvantage, a purchasing consortium of small to midsize companies, surveyed its members about their financial expectations for 2014…