World Trade - October 2008 - (Page 5) VOLUME 21 Inside N U M B E R 10 October 2008 20 FEATU RES COVER STORY: SUPPLY CHAIN SURVIVAL GUIDE 20 E XE C UTI V E B R I E F I N G 10 Supply Chain Watch 12 Tradewinds Shippers and Providers Collaborate to Take on a Challenging Economy A new model of partnership is emerging. By Andrea MacDonald COLUMNS INSIDE WORLD TRADE 24 Tweaking the Supply Chain to Optimize Value and Minimize Cost Taking logistics outsourcing to the next level. By Karen E. Thuermer 7 Tune Up Your Supply Chain The most nimble enterprises will find opportunity amidst the challenges. By Neil Shister POLICY PERSPECTIVES 30 Supply Chain Software Morphs Into Enterprise Management Dedicated best-of-breed versions are giving way to broader networked models. By Amy Zuckerman 8 Globalization: The Real Competitive Threat The distinction between international trade and globalization. By Susan Schmidt and Sara Weitzel 36 Can Warehousing Really, Truly Be Strategic? You bet, especially in a weak economy. By Gail Dutton GREAT MOMENTS IN WORLD TRADE 54 Blowing Smoke The U.S. trade embargo against Cuba means a less than superior cigar, among other things. By Jeremy N. Smith 39 Everybody is Global Regardless of size, there are few companies who are not engaged in world trade. By Mark Bernstein 44 Between the Devil and the Deep Freight volumes are down and fees are up, but there’s hope along the U.S. West Coast. By Lara L. Sowinski 39 48 The Hidden Costs of ‘Free’ Translation The dangers of using overseas distributors to translate marketing and product materials. By Jeffrey Jorgensen 44 WORLD TRADE (ISSN 1054-8637) is published 12 times annually, monthly, by BNP Media II, L.L.C., 2401 W. Big Beaver Rd., Suite 700, Troy, MI 48084-3333. Telephone: (248) 362-3700, Fax: (248) 362-0317. No charge for subscriptions to qualified individuals. Annual rate for subscriptions to nonqualified individuals in the U.S.A.: $90.00 USD. Annual rate for subscriptions to nonqualified individuals in Canada: $122.00 USD (includes GST & postage); all other countries: $140.00 (int’l mail) payable in U.S. funds. Periodicals Postage Paid at Troy, MI and at additional mailing offices. POSTMASTER: Send address changes to: WORLD TRADE, P.O. Box 2144, Skokie, IL 60076. Printed in the U.S.A. Copyright 2008, by BNP Media II, L.L.C. GST account: 131263923. Change of address: Send old address label along with new address to WORLD TRADE, P.O. Box 2144, Skokie, IL 60076. All rights reserved. The contents of this publication may not be reproduced in whole or in part without the consent of the publisher. The publisher is not responsible for product claims and representations. Canada Post: Publications Mail Agreement #40612608. Send returns (Canada) to Bleuchip International, P.O. Box 25542, London, ON, N6C 6B2. For single copies or back issues, contact Ann Kalb at (248) 244-6499 or KalbA@bnpmedia.com. WWW.WORLDTRADEMAG.COM 5 http://WWW.WORLDTRADEMAG.COM
Table of Contents Feed for the Digital Edition of World Trade - October 2008 World Trade - October 2008 Contents Tune Up Your Supply Chain Globalization: The Real Competitive Threat Supply Chain Watch Tradewinds Shippers and Providers Collaborate to Take on a Challenging Economy Tweaking the Supply Chain to Optimize Value and Minimize Cost Supply Chain Software Morphs Into Enterprise Management Can Warehousing Really, Truly Be Strategic? Everybody is Global Between the Devil and the Deep The Hidden Costs of ‘Free’ Translation Blowing Smoke World Trade - October 2008 World Trade - October 2008 - (Page Intro) World Trade - October 2008 - World Trade - October 2008 (Page Cover1) World Trade - October 2008 - World Trade - October 2008 (Page Cover2) World Trade - October 2008 - World Trade - October 2008 (Page 3) World Trade - October 2008 - World Trade - October 2008 (Page 4) World Trade - October 2008 - Contents (Page 5) World Trade - October 2008 - Contents (Page 6) World Trade - October 2008 - Tune Up Your Supply Chain (Page 7) World Trade - October 2008 - Globalization: The Real Competitive Threat (Page 8) World Trade - October 2008 - Globalization: The Real Competitive Threat (Page 9) World Trade - October 2008 - Supply Chain Watch (Page 10) World Trade - October 2008 - Supply Chain Watch (Page 11) World Trade - October 2008 - Tradewinds (Page 12) World Trade - October 2008 - Tradewinds (Page 13) World Trade - October 2008 - Tradewinds (Page 14) World Trade - October 2008 - Tradewinds (Page 15) World Trade - October 2008 - Tradewinds (Page 16) World Trade - October 2008 - Tradewinds (Page 17) World Trade - October 2008 - Tradewinds (Page 18) World Trade - October 2008 - Tradewinds (Page 19) World Trade - October 2008 - Shippers and Providers Collaborate to Take on a Challenging Economy (Page 20) World Trade - October 2008 - Shippers and Providers Collaborate to Take on a Challenging Economy (Page 21) World Trade - October 2008 - Shippers and Providers Collaborate to Take on a Challenging Economy (Page 22) World Trade - October 2008 - Shippers and Providers Collaborate to Take on a Challenging Economy (Page 23) World Trade - October 2008 - Tweaking the Supply Chain to Optimize Value and Minimize Cost (Page 24) World Trade - October 2008 - Tweaking the Supply Chain to Optimize Value and Minimize Cost (Page 25) World Trade - October 2008 - Tweaking the Supply Chain to Optimize Value and Minimize Cost (Page 26) World Trade - October 2008 - Tweaking the Supply Chain to Optimize Value and Minimize Cost (Page 27) World Trade - October 2008 - Tweaking the Supply Chain to Optimize Value and Minimize Cost (Page 28) World Trade - October 2008 - Tweaking the Supply Chain to Optimize Value and Minimize Cost (Page 29) World Trade - October 2008 - Supply Chain Software Morphs Into Enterprise Management (Page 30) World Trade - October 2008 - Supply Chain Software Morphs Into Enterprise Management (Page 31) World Trade - October 2008 - Supply Chain Software Morphs Into Enterprise Management (Page 32) World Trade - October 2008 - Supply Chain Software Morphs Into Enterprise Management (Page 33) World Trade - October 2008 - Supply Chain Software Morphs Into Enterprise Management (Page 34) World Trade - October 2008 - Supply Chain Software Morphs Into Enterprise Management (Page 35) World Trade - October 2008 - Can Warehousing Really, Truly Be Strategic? (Page 36) World Trade - October 2008 - Can Warehousing Really, Truly Be Strategic? (Page 37) World Trade - October 2008 - Can Warehousing Really, Truly Be Strategic? (Page 38) World Trade - October 2008 - Everybody is Global (Page 39) World Trade - October 2008 - Everybody is Global (Page 40) World Trade - October 2008 - Everybody is Global (Page 41) World Trade - October 2008 - Everybody is Global (Page 42) World Trade - October 2008 - Everybody is Global (Page 43) World Trade - October 2008 - Between the Devil and the Deep (Page 44) World Trade - October 2008 - Between the Devil and the Deep (Page 45) World Trade - October 2008 - Between the Devil and the Deep (Page 46) World Trade - October 2008 - Between the Devil and the Deep (Page 47) World Trade - October 2008 - The Hidden Costs of ‘Free’ Translation (Page 48) World Trade - October 2008 - The Hidden Costs of ‘Free’ Translation (Page 49) World Trade - October 2008 - The Hidden Costs of ‘Free’ Translation (Page 50) World Trade - October 2008 - The Hidden Costs of ‘Free’ Translation (Page 51) World Trade - October 2008 - The Hidden Costs of ‘Free’ Translation (Page 52) World Trade - October 2008 - The Hidden Costs of ‘Free’ Translation (Page 53) World Trade - October 2008 - Blowing Smoke (Page 54) World Trade - October 2008 - Blowing Smoke (Page Cover3) World Trade - October 2008 - Blowing Smoke (Page Cover4)
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