-- 2.5 times as likely as Industry Average and 31 times as likely as Laggards to have reduced lead times from international locations -- 1.6 times as likely as Industry Average and 2.4 times as likely as Laggards to have reduced inventory levels -- 2.4 times as likely as Industry Average and 6 times as likely as Laggards to have reduced inventory carrying costs"Data quality is one of the key differentiators of Best-in-Class companies in this study. These leaders exhibit better performance across key supply chain metrics; they are leveraging the global visibility data to achieve strategic advantages by performing relevant data analyses and utilizing the results to help drive their supply chain decisions," says Viktoriya Sadlovska, a Research Analyst on Global Trade and Financial Supply Chain at Aberdeen. Best-in-Class companies in this study are 1.5 times as likely as Industry Average and almost 3 times as likely as Laggards to report that data received during their event monitoring process are accurate more than 80% of the time. Best-in-Class companies are twice as likely as Laggards to be currently using several information technology systems to support global supply chain visibility and are 55% more likely than all others to be using some kind of automated visibility data analysis. Best-in-Class companies are:
-- 44% more likely than Industry Average and twice as likely as Laggards to be tracking actual total landed cost as shipment / order progresses -- 2.4 times as likely as both Industry Average and Laggards to use supplier / carrier scorecards using visibility information -- 2 times as likely as both Industry Average and Laggards to conduct performance trending and root cause analysis -- 76% more likely than Industry Average and twice as likely as Laggards to perform trade lane analysis (e.g., lead time variability)A complimentary copy of this report is made available due in part to the following underwriters: Blue Sky Logistics, TrenStar, and Agistix. To obtain a complimentary copy of the report, visit: http://www.aberdeen.com/link/sponsor.asp?cid=4303. About Aberdeen Group, a Harte-Hanks Company Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen™ for insights that drive decisions. As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information - Opportunity - Insight - Engagement - Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com.
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Contact Information: Media Contact: Viktoriya Sadlovska Aberdeen Harte-Hanks (617) 854-5239 viktoriya.sadlovska@aberdeen.com