In terms of the supply chain, businesses need to be concerned with many different factors. Speed, efficiency, quality of services provided and costs involved are just a few of the considerations that require scrutiny when deciding how to manage and deploy the many moving parts of a typical supply chain.
Of the myriad issues, it’s impossible to say which is most important; they all play significant roles in the success of a business. However, each factor will still ultimately be more affected by one aspect than any other: the controlling of costs. Because there are so many variables that can come into play and influence costs, businesses often fail to recognize that one of the biggest contributors to projects going over budget can be seen well in advance, and that’s Total Landed Cost (TLC).
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