Regulatory Note
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As the global economy continues adjusting to current conditions, corporate executives have focused additional resources on making their companies more efficient, streamlining operations and lowering risk to the bottom line. These priorities have become even more critical to the supply chain. No longer do organizations exist solely within four walls. Globalization of markets and outsourcing has added new external pressures and challenges.
The current economic climate has put additional pressure on large global enterprises to increase revenues, lower costs, improve operating margins and reduce stakeholder risk. Innovative organizations are constantly evaluating new ways to lower costs and improve ROI through various means, including the automation of processes that simultaneously improve visibility into potential risk exposure.
AMR Research discussed these trends in a supply chain management (SCM) research alert, noting that "the confluence of economic, technology, and political factors will further emphasize that SCM and logistics are keys to the future success of global businesses."
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