In uncertain economic times, manufacturers, suppliers and logistics companies have to work together to minimise total supply chain costs, argues Picme’s Jason Barclay.
Jason Barclay: does moving to a low-cost
economy really reduce the overall cost of supply?
Companies often talk about supply chain improvement, but
what does this really mean in an environment where direct
purchase cost is the key?
Currently, manufacturers are able to pass on price rises
throughout the supply chain for the ever-increasing cost of
energy and raw materials, but is this sustainable in the medium
to long term? And can consumers afford this additional outlay?
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