Let's face the cost rises and advance
13 September 2012
If the era of continuous cost-cutting is really over, purchasers will face some testing questions. David Arminas explains why new ways of thinking are essential
Supply chain costs look set to rise for the first time in nearly 20 years, according to the latest major survey from consultancy AT Kearney and the European Logistics Association.
As things stand, notes the survey, supply chain costs as a percentage of sales are a massive 65 per cent lower than today than they were in 1987. But as our...