Business Sense: Intercompany connections improve the bottom line
19.05.12
The visionaries of economic megatrends tell us that we're transitioning from the Information Economy toward the Connection Economy. What could that mean for businesses in Humboldt County and the Redwood Coast region?
An increasing number of companies are starting to question the wisdom of buying their supplies and having their products manufactured in another part of the world. They may be experiencing ordering bottlenecks or high import or transportation costs. They may have to buy a larger amount of their product, increasing inventory costs. Or they no longer want to have to fly to work with a supplier or stay up late to make phone calls.
Some businesses are starting to examine whether their supply chain can meet their standards for environmental and business ethics. Some are interested in connecting with other businesses in their region so they can creatively design, manufacture and cooperatively market their products. If they can use local recycled materials, deconstructed
Source: Times-Standard