Trade winds
Globalisation brings far-flung suppliers – and customers – right to your doorstep.
01 May 2006
Is IT prepared for the challenges this presents? Problem
Supply chains are going global, yet most firms` systems are designed solely for domestic orders.
It has been a difficult time for Larry Merritt, director of global logistics at Lexington Home Brands, in the US. In less than three years, the $167 million home furnishings company has completely changed its business model. “We`ve gone from being a manufacturer to being an importer,” Merritt says. The reason? Globalisation. “A lot of new companies have entered the furniture industry, and they source overseas.”
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