ANALYSIS: Changes Come Slowly to Supply Chain Management

Supply chain networks are still being dealt with the traditional way, according to Bloomberg Law’s recent survey of lawyers who deal with supply chain relationships at their organizations.

More often than not, efficiency, risk management, and cost reduction are the principal goals in supply chain management, and few on the legal team are focusing on technological innovation or process improvement. In fact, among the survey’s 51 respondents, more than a quarter indicated that their business has not adopted any specific supply chain goals, and about one fifth said that they do not use technology to manage supply chain logistics.

But ...