IW - Most Recent News - Aug 03, 2009Motors Liquidation Company (MTLQQ)
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Steve Banker
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ARC Advisory GroupWithout a strategic plan, companies are forced to rush to judgment without adequate preparation and run a significant risk of making costly errors. In
GM's case, they are rushing to make decisions with respect to international outsourcing, dealer closures and according to new
GM Chairman Edward Whitacre, Jr., "a shuttering of plants."
According to Steve Banker of ARC in a recent Logistics Viewpoints article, "Firms with a robust strategic planning process are better equipped to deal with large, unexpected events, like the current global recession." In another discussion on preparing supply chains for the upturn, he adds, "As this reset evolves, supply chain planning tools will be important in assessing best manufacturing, warehousing (finished goods staging), transportation routes, etc." The article continues, "Every firm should be running supply chain planning tools right now, to reestablish a new baseline for itself, given the harsh economic times. In addition, firms should have tools that enable re optimizing the supply chain with the hoped for, continuing improvement in the economic climate.
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Without a strategic plan, companies are forced to rush to judgment without adequate preparation and run a significant risk of making costly errors. In <span class="company">GM</span>'s case, they are rushing to make decisions with respect to international outsourcing, dealer closures and according to new <span class="company">GM</span> Chairman Edward Whitacre, Jr., "a shuttering of plants." <span class="sent"> According to <span class="analyst">Steve Banker</span> of ARC in a recent Logistics Viewpoints article, "Firms with a robust strategic planning process are better equipped to deal with large, unexpected events, like the current global recession." </span> In another discussion on preparing supply chains for the upturn, he adds, "As this reset evolves, supply chain planning tools will be important in assessing best manufacturing, warehousing (finished goods staging), transportation routes, etc." The article continues, "Every firm should be running supply chain planning tools right now, to reestablish a new baseline for itself, given the harsh economic times. In addition, firms should have tools that enable re optimizing the supply chain with the hoped for, continuing improvement in the economic climate. ...Without a strategic plan, companies are forced to rush to judgment without adequate preparation and run a significant risk of making costly errors. In <span class="company">GM</span>'s case, they are rushing
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