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NPI Pinpoints Areas of Supply Chain Overspending

September 07, 2010 | No Comments →

Do you sometimes get the feeling that you’re spending too much for transportation, technology and energy?

You may be right.

According to a mid-year review of supplier pricing and supply chain spending trends, NPI estimates that today’s manufacturers, distributors and retailers will overspend more than $415 billion in 2010.

NPI’s research included an analysis of spending trends for manufacturing, retail, industrial and other supply chain-focused organizations within the S&P 500. In addition, the firm also analyzed pricing data for top suppliers in three specific spend categories: transportation, technology and telecom, and energy.

Here are a few specific results from the research, along with NPI’s recommendations to rein in overspending:

Transportation –NPI estimates that supply chain organizations will overspend $124.5 billion on shipping and logistics services this year. For instance, companies will: (more…)