Manufacturers can spend 50% or more of revenue on purchasing parts. So, it is not surprising that sourcing from low cost countries to improve competitiveness has been such an important business strategy in the past ten years.

US corporations import nearly $2 trillion worth of products from more than 150 countries, a number that is expected to triple by 2015, according to US Customs and Border Protection (CBP).

The drive to capture the business benefits of low cost country sourcing has far out-paced the processes and systems needed to efficiently manage the global supply chain. A recent survey by Aberdeen identified that higher than expected transportation expenses was the primary factor in landed cost budget variances.

Amber Road 1.12865 American Sentinel 1.287 C.H. Robinson 1.3599 Columbus 4.881 Cross-Border 1.211 Exports 1.9975 Freight 1.1530834 Intermec 1.6340 Kronos 1.2976 Legacy Supply Chain Services 2.271 Liaison 1.220 Motorola 2.1337 Pacer International 1.2120 Procurement 1.1059746 Purolator 1.546 Supply Chain Operations 1.342 Supply Chain Risk 1.9012 The BSI Group 1.307 U.S. Xpress 1.1635 white paper 3.1273 White Paper 3.252 white papers 5.766