MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

How Customers Want to Improve Their Supply Chains in 2011

How Customers Want to Improve Their Supply Chains in 2011

January 4, 2011

The latest Institute for Supply Management semiannual forecast, released in December, outlined how purchasing and supply executives plan to improve their supply chain management practices in 2011. This semiannual report is always a good way to gauge how your plans to serve your customers mesh with their plans and needs.

Manufacturing executives reported they plan to:

  • Improve inventory and asset management
  • Reduce costs
  • Work closer with suppliers and establish better metrics
  • Consolidate suppliers
  • Better manage risk

Non-manufacturing executives reported they plan to:

  • Improve processes
  • Leverage their use of technology
  • Employ product rationalization
  • Consolidate suppliers
  • Improve inventory management
  • Employ strategic cost management

Many of the above strategies are also being employed by distributors, as I outlined in my article: 6 Trends Driving Distribution in 2010.

Read ISM's full semiannual forecast.

We published a summary of the forecast in the Dec. 25 issue of MDM Premium.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Post a comment to this article

Partner Center