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Costs causing strain in the supply chain

from Logistics Today

Two-thirds of leading industrial company executives say cost containment remains the top priority in managing their supply chains, but almost 4 in 10 now acknowledge that driving down costs has damaged relationships with their suppliers, according to the results of a recent global survey conducted by KPMG International. The KPMG global survey polled nearly 200 senior level executives from the aerospace, metals, engineering and conglomerates sectors across North America (making up 32 percent of total respondents), Western Europe and Asia-Pacific to understand how their supply chains were changing as a result of prevailing economic uncertainty. more


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