Manufacturing Industry
What does it take to succeed at global trade management?(Ask Aberdeen Group)
Manufacturing Business Technology, May, 2005
A March 2005 survey report, New Strategies for Global Trade Management, finds that nine out of 10 midsize and large manufacturers say they now do business in China. And half of respondents say more than 25 percent of their suppliers are located internationally. Yet 27 percent of respondents also say one out of 10 international shipments is late, incomplete, or has to be expedited by a non-primary carrier.
(Editor's note: other pressures driving companies to improve their global trade processes can be seen in the chart.) [GRAPHIC OMITTED] Nevertheless, more than half of all companies surveyed say their global trade management system is based on paper and spreadsheets. The report--authored by Beth Enslow, VP of enterprise research,...
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