Supplier Enablement

China get on board

China is in the news as a booming economy that is supporting growth in other economies due its demand for raw materials and need for logistics and for infrastructure to support its growth.

There is an interesting news item just published by Line 56.com about what China is doing to develop and improve it B2B capabilities.

For example, the news item quotes that the electronic exchange of business information is not as popular as using manual methods. In fact that is no different to western economies that continue to rely upon manual processes and enhance those by using tools such as fax and e-mail to speed up delivery.

It also quotes a very interesting statistic that supply chain and logistic costs represent 18.9% of China's GDP whereas in western countries that is 8 - 10%. Good to know the West in beating China in one area.

I see many reports in the business pages of newspapers about how we remain competitive against the low cost country producers like China.

Perhaps our investment to drive down costs in our supply chain and logisitics is one are where we are ahead and can keep ahead.

A good read, click here for the full report.

Are you looking to drive down costs in your supply chain and logisitics? Click here for more information on how to.

posted by FrankB @ Thursday, July 20, 2006