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You can source from around the world, but how do you know which is the best trading partner for you? Total landed cost tools have evolved in ways that may help.
The dry spell's over and there's money in the IT budget once again. You could blow it on software. Or you could integrate all of your systems and transform your business.
Many supply chain managers think their forecasting problems would be solved if they could only get good point-of-sale (POS) data. But it's not that simple.
The attractions of "renting" software from an application service provider on a pay as-you-go basis are obvious: No license fees, no installation costs, no hardware or software to update and maintain. But be careful: ASPs aren't right for every app.