Top Supply Chain Opportunities for 2007

Bernie Hart, the head of global product at JPMorgan Chase Vastera, shares his thoughts on the top supply chain opportunities for electronics companies.  Remember the electronic world has been ahead of the curve in quite a few areas - including outsourcing and offshoring.

Here are the top opportunities shared in the article:

1. Proliferation of bilateral and regional free trade agreements The Doha Development Round of World Trade Organization negotiations aims to lower trade barriers around the world, permitting free trade between countries of varying prosperity.

2. On-shoring - Though the global sourcing boom has put Asia and Eastern Europe in the spotlight recently, manufacturers increasingly are looking at on-shoring opportunities closer to home in response to higher than anticipated total landed costs, quality issues, longer lead times, port congestion, and higher fuel costs.

3. RFID —RFID is gaining ground in supply chain systems around the world, and adoption is just going to increase.