Supply Chain

New research shows world-class measurement systems for strategic sourcing and the supply chain help drive an organization's cost savings, revenue growth, new product development, supplier relationships, and shareholder value. What's the secret?

A marketing professor at the W. P. Carey School of Business examines the client-supplier relationship in a recent research survey. Her discovery: In order for the dance of the business-to-business deal to be successful, employees' individual relationships with clients must play a part and communication is key.

In April 2004, Wal-Mart announced a pilot program that would require its top 100 suppliers to be RFID compliant — attaching Radio Frequency Identification tags on cases and pallets destined for Wal-Mart stores and Sam's Club locations in the Dallas/Fort Worth area — by January 2005. Showing just how much clout Wal-Mart has, the retailer is boasting 100% compliance. So, is RFID here to stay? Can suppliers benefit from it? How worried should consumers be about invasion-of-privacy issues? A recent Wharton Emerging Technologies conference looked at these issues.