Supply Chain Management
Improving communication as your books move from manufacturing through to the customers’ hands can make a big difference in your bottom line.
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To those rooted in a traditional mind-set, some forms of supply chain efficiency will come more naturally than others. For instance, it’s easy to understand why Thomson Learning would join the federal government’s Customs Trade Partners Against Terrorism initiative, sharing information about its security measures in exchange for a streamlined customs process. It may be harder to grasp the necessity of going back to frequently reevaluate inventory in order to facilitate quick asset recovery—or in other words, recovery from the expense of storing books in a warehouse when you could be evaluating what that stock is worth based on a number of factors, such as backorder needs, condition of books, imbalance of stock in various areas, etc.
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James Sturdivant
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