Supply Chain Developments

I hope that you have enjoyed reading the article "Supply Chain Developments To Watch In 2006."

It's always fun to look ahead and try to predict the future of the purchasing profession. As 2005 began, there really didn't seem to be much exciting on the horizon. Sure, there are always developments and improvements in the field. But nothing stood out that screamed "2005 will be a big year for..."

Probably the biggest supply chain event of 2005 was predicted by no one - Hurricane Katrina, the resultant declarations of Force Majeure by tons of suppliers, and the subsequent spikes in fuel and, later, raw materials pricing.

This year, I feel different. I feel the winds of change are upon us. And I'm looking forward to reviewing the three questions from the aforementioned article as we begin 2007.

Happy New Year, everyone!

Respectfully,
Charles Dominick, C.P.M., SPSM
President
Next Level Purchasing, Inc.
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