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•Article: Back To Basics: Cutting Costs And Saving Time To Beat A Tough Economy

By Ron Cain, Chairman and CEO of TMSi Logistics

Business philosopher Chin-Ning Chu observed that "without the strength to endure the crisis, one will not see the opportunity within. It is within the process of endurance that opportunity reveals itself." This wisdom is particularly applicable today, when many companies are fearfully watching the environment around them rather than pursuing growth opportunities. Successful companies are realizing that creating opportunity through streamlined procedures, such as a lean execution of supply chain operations, and getting back to the basics of good business practices is the best way to combat the economic environment.

Knowing the value of lean operations is important; however, knowing how and where to save time and trim down costs is the true benchmark of successful supply chain management. This can be a challenge for companies that have been forced to increase their efforts in operations and production to remain profitable in these trying times. Enlisting the help of a third party that can identify and improve problem areas within the supply chain operations has become more common in companies looking to find effective and innovative ways to prosper against the odds.

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•Article: Back To Basics: Cutting Costs And Saving Time To Beat A Tough Economy