By kevinschmidt on Sep 19, 2007
One quote I particularly liked was:
- Hassell estimates that Emerson invested about $500,000 in the hub and has recovered those costs several times over. Putting 10 suppliers in the same shipping container cuts costs by 35%, Hermes say. The company has saved millions in transport costs alone by consolidating shipping. Also, with information such as purchase orders and shipping notices in a common format, Emerson has more visibility into its supply chain, increasing inventory control efficiency by ensuring that materials aren't over- or understocked.