Despite seeing sequential declines for its key metrics, non-manufacturing activity again showed growth in November, according to the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business.
Japan’s 24 Hour Rule, the Advanced Filing Requirement (AFR), goes into effect on March 1, 2014 and the penalty phase will apply just 10 days later on March 10, 2014. This doesn’t leave much time for those who have not already begun the process of selecting a service provider and begun the process of developing internal procedures and training programs.
While the Institute of Supply Management reports that economic activity in the manufacturing sector was strong for the sixth straight month, supply chain managers may still wish to examine this “exuberance,” say economists.
With increased interest in inventory programs which aim to reduce costs and improve customer service levels, establishing a VMI program can be challenging.
A recent survey conducted by Gatepoint Research where 200 executives participated from the manufacturing, retail, telecom and wholesale sector provided insight as to where they see VMI, how they implement their current programs and identify common challenges.
We asked manufacturers from around the world, "What advice would you give peers to reduce costs and improve efficiencies in the supply chain?"
Download Part 1, of this 2 part complimentary series, to find out what they said.
Download this free white paper to learn more.