| 100 Great Supply Chain Partners
Readers Recognize
Providers Who Improve Efficiency
Global Logistics & Supply Chain Strategies, August, 2004
With the 2004 Olympic games upon
us, the whole world is celebrating those athletes showing
individual excellence, an enduring will to succeed and the
ability to bring out the best in their teammates. This second
annual Global Logistics & Supply Chain Strategies 100
Great Supply Chain Partners report follows the same themes.
Manufacturers, retailers and all other businesses competing
in today's demand global marketplace recognize partners that
possess the skills they need and which have the customer commitment
to help them achieve supply-chain success.
Like the Olympic games, the 100 Great Supply
Chain Partners report is a worldwide event including competitors
from small and large organizations with skills of many types.
We received more than 2,000 nominations from five continents
for more than 500 vendors of every conceivable type of supply-chain
activity - from enterprise-wide planning systems, to global
third-party logistics providers to highly specialized transportation
services. The largest and most-widely known 3PLs and technology
vendors were among the nominees, but so were regional transportation
companies and small, boutique consulting firms. The recognition
was for achievement - not for size or scope.
For those not yet familiar with the GL&SCS
100 Great Supply Chain Partners program, it is the result
of a six-month poll of readers in which we asked logistics
and supply-chain professionals to nominate vendors and service
providers whose technology, logistics, transportation or consulting
solutions have made a significant impact on their company's
efficiency, customer service and overall supply-chain performance.
The purpose of the list in this report is to recognize those
vendors that have so impressed our readers that they deserve
to be singled out and to be held up as examples for others
in the industry. In one sense, it is an opportunity to thank
those providers who have helped our readers achieve better
results, and to let the industry know who is making a genuine
effort to be a supply-chain partner - not just another vendor.
On a higher plane, the commentary in this report is intended
to emphasize which services, technology, expertise and support
our entire industry needs for all of us to be more successful.
We received nominations for carriers in
every mode of transportation. Most are represented on our
final list, as are various outsourced logistics services and
a wide range of supply-chain technologies. Today's supply
chains clearly require tremendous teamwork from many disciplines
to bring home the gold.
Regardless of what type of vendor a reader
nominated, there are clear themes within the commentaries
that accompanied most of the ballots. As with our first report
last year - and probably forever - the most common 10 qualities
that users looked for in their vendors were as follows:
- Cost savings and identifiable ROI -
Most readers are being measured on their ability to cut
costs and show returns on supply chain investments, so they
appreciate vendors that help them in that regard.
- Reliability and ability to meet commitments
- Particularly in the case of carriers and other outsourced
services, on-time performance, every time with no surprises
was the key performance metric.
- Inventory reductions and cycle time
improvement - Supply-chain improvement is primarily measured
by lowering inventories and increasing their velocity, so
software and services that support this effort are winners.
- Flexibility and problem solving ability
- Few supply chains run smoothly, so the ability to adapt
quickly to change without missing a step is highly prized,
along with the ability to customize solutions to meet evolving
needs.
- Visibility - Whether it's shipments,
orders or inventory, companies want technology and service
providers that can provide real-time information.
- Continuous improvement - Companies want
help improving their own processes, and they expect vendors
to constantly improve their own.
- Ease of use - Both technology and service
providers have to make their offerings intuitive so users
anywhere can gain full benefits with no training.
- Can-do attitude - The greatest accolades
were bestowed on those vendors that took on any challenge
and found a way to accomplish a goal without complaints
or excuses.
- Global coverage - While not a universal
requirement among carriers and 3PLs, the ability to provide
service backed by local knowledge anywhere in the world
is important to large and small companies.
- Comprehensive service - Particularly
in the case of 3PLs and other logistics providers, companies
appreciate vendors whose range of services covers as many
needs as possible.
Five additional themes were prominent among
the justifications that users provided in their nominations,
no doubt indicating new priorities within today's supply chains:
- Security orientation - Especially
for ocean carriers, forwarders and 3PLs, shippers expect
their vendors to meet or exceed international security guidelines
and participate in voluntary programs such as Customs-Trade
Partnership Against Terrorism (C-TPAT).
- Collaborative capabilities - Technology
and service vendors that can help extend the supply chain
and make it as seamless as possible to internal and external
users.
- Customer knowledge and expertise - Consultants
are paid specifically for their wisdom, but companies also
expect their technology and service providers to offer ongoing
support, integration assistance and special expertise.
- Process orientation - Companies need
to implement best practices and efficient processes into
their business operations. They are turning to their vendors
to help them.
- Focus on execution - While innovation
and good communications are important, there is no substitute
for getting the job done right, every time.
Finally, before presenting the reader nominations
and their comments, please consider the following housekeeping
points:
- The methodology for exactly how the
Supply Chain Partners program was conducted is presented
below. Very simply, the companies listed here are entirely
based on voluntary responses from readers. No one at GL&SCS
had anything to do with which companies were nominated.
- We have included 100 vendors just because
it is a manageable number. We actually received nominations
for more than 500. The companies included just had more,
and more in-depth nominations than the others. The comments
offered for these unmentioned companies clearly reflect
their customers' appreciation, but we had to draw the line
somewhere. For better or for worse, the number 100 has become
the standard for any list of this type.
- We think the supporting comments are
at least as important as the fact that a partner has been
nominated, so we have included many quotes from nominations
and follow-up interviews. Space does not allow us to reproduce
anywhere near the total number of responses we received.
Methodology
for the 100 Great Supply Chain Partners
The list accompanying this report is based
entirely on the entries voluntarily submitted by readers of
Global Logistics & Supply Chain Strategies and users of
its sister web site, SupplyChainBrain.com, where the official
nomination form has been posted since the early spring. Over
the last few months, many GL&SCS readers received e-mails
asking them to participate and directing them to the form.
Other readers and users of the web site independently found
a link to the official nomination form on the home page of
SupplyChainBrain.com.
Nominations could only be made using the
official web-enabled form that required nominators to identify
themselves, their position, their company, their e-mail address
and a phone number where they could be reached to verify their
responses. If they chose, participants could elect to remain
anonymous for purposes of being identified in this report.
However, for their nomination to be counted, the participants
had to provide adequate identifying information to verify
their identity and their legitimate role in the industry.
Nominations from participants selecting their own companies
or closely allied entities were disqualified, as were multiple
nominations from the same customer company.
Participants could nominate up to
three companies and could support their nomination with as
much or as little commentary as they wished. To provide more
in-depth information for this report, some nominators were
interviewed after they submitted their completed forms. We
received more than 1,500 qualified responses nominating over
500 different companies. The final list presented here includes
the 100 companies that received the most nominations. In the
case of ties, the nominations with the most detailed justification
were selected. |