Note: Today’s post is part of our “Editor’s Pick” series where we highlight recent posts published by our sponsors that provide practical knowledge and advice on timely and important supply chain and logistics topics. This post by Gary Barraco from E2open’s blog discusses how the demands of the “perpetually connected” business environment and consumer are driving organizations of all sizes to think about how they must digitally transform their supply chain operations.
When driving by a busy seaport, I’m always awed at the hulking towers of shipping containers stacked eight to ten high in the yards surrounding the terminals. Every ocean container full of goods has a starting point well before products become freight. In fact, a product’s journey begins before the materials come together to form it and well before an order is placed, assembled, shipped and cleared by customs. It starts when a brand owner decides where to source the goods—a multi-dimensional decision that includes everything from product quality, trade lanes, and duties and tariffs to logistics and trade compliance factors.
Sourcing concepts have remained relatively constant throughout history: Make high-quality goods at the lowest possible cost. Likewise, logistics operations run on critical factors that are fundamental to that side of the business: Ship goods in the most efficient, cost-effective manner.
It’s no longer that simple.
Best Practices Revisited
Right now, the demands of the “perpetually connected” business environment and consumer are driving organizations of all sizes to think about how they must digitally transform their supply chain operations. Often dubbed the “Amazon Effect,” the expectation is for an organization to…