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According to a study conducted by Dr. Dale Rogers, Professor of Supply Chain Management of University of Nevada, U.S. companies spent over $35 billion a year to handle Reverse Supply Chain problems and issues in 2000.
As indicated by Gartner Group (May, 2001), returns can erode 100% of the profit margin on the Cost of Goods sold if not managed effectively and efficiently.

Lean Manufacturing

Sunday, 25 March 2012 16:47

The pressure on manufacturing organizations has increased dramatically over the last 15 years. This has been driven by globalization in the aftermath of the Cold War, the liberalization of markets, and the emergence and growth of economies such as Brazil, Russia, India and China. Organizations that continue to manufacture in high-cost countries must eliminate any “fat” from their manufacturing if they are to remain competitive.

IDC Manufacturing Insights recently conducted a worldwide study of over 375 enterprises, across multiple discrete manufacturing sectors covering 12 countries, on behalf of Informix.

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