Global Executives Survey: Latest Factors Driving Change in Global Packaging Supply Chains

Global Executives Survey: Latest Factors Driving Change in Global Packaging Supply Chains


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Executive Summary

Summary

Packaging organizations are expanding their supply chain globally and emphasizing more on trade agreements and technology advancements. Free trade agreements not only eliminate tariffs, they also encourage investment, enhance cooperation, and deliver improved trading opportunities that promote sustainable growth of developing economies. Moreover, economic union helps countries to trade with each other at no additional taxation and keeps supplier prices under control. Advancements in technology are seen as a key way to create faster, stronger, and more stable supply chains. Visiting suppliers personally helps packaging manufacturers to analyze their business operations.

Key Findings

The majority of packaging industry executives stated that their organization's supply chain operates in multiple countries

Packaging organizations across all regions prefer to physically visit the suppliers to investigate the reliability of foreign suppliers

Increasing taxes and tougher regulation, and rising transportation costs are major challenges for packaging companies operating international supply chains

Greater access to suppliers and manufacturers and greater access to clients are major advantages of a free-trade agreement for organizations

The majority of companies operating in the Rest of the World region are looking to expand their production facilities internationally compared to other regions

Synopsis

Canadean's Global Executives Survey: Latest Factors Driving Change in Global Packaging Supply Chains Survey examines executives' opinion on key actions used for analyzing the credibility of foreign suppliers, country wise supply chain presence, and major challenges for the supply chain. Organizations can analyze the impact of trade agreements and economic unions on a company's performance, and assess the major advantages and disadvantages of free-trade agreements for organizations. Additionally, it examines future focus areas for packaging organizations.

What else does this report offer?

Geographical reach of supply chain: provides information about whether the company's supply chain operates across multiple countries

Key actions to analyze the credibility of foreign suppliers: provides information about steps taken to assess the credibility of foreign suppliers

Major challenges for the supply chain: analyzes major obstacles for the supply chain

Impact of trade agreements and economic unions on a company's performance: identifies the effect of trade agreements and economic unions on a company's performance

Main advantages of free-trade agreements for an organization: provides information about the major benefits of free-trade agreements for organizations

Major drawbacks of free-trade agreements for organizations: examines major demerits of free-trade agreements for organizations

Organization's focus areas: provides information about activities planned by organizations in the future

Reasons To Buy

Alter processes by knowing about steps taken to assess the credibility of foreign suppliers

Strengthen supply chain by knowing about major challenges faced by organizations for supply chain

Develop business expansion plans and alter strategy by utilizing the main advantages of free-trade agreements indicated by organizations

Modify objectives and focus areas by knowing about what organizations are planning to do in the future



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Introduction and Executive Summary

Overview of Canadean's Inter-Connectedness Index

Operations across multiple countries is highest in North America

Companies prefer to physically visit foreign suppliers in order to determine their reliability

Increasing taxes/tougher regulation is a common concern for companies operating international supply chains

Trade agreements and economic unions are seen to be beneficial for companies

Supply chains that are fast, flexible, and responsive are highly sought after by companies who are looking to introduce measures that will aid this next generation' approach

Figure 1: Inter-Connectedness Index-Region

Figure 2: Inter-Connectedness Index-Company size

Figure 3: Geographical reach and country wise supply chain presence-Overall and region

Figure 4: Measures to research the reliability of foreign suppliers-Region-1

Figure 5: Measures to research the reliability of foreign suppliers-Region-2

Figure 6: Major challenges for supply chain-Overall and region

Figure 7: Major challenges for supply chain-Overall

Figure 8: Severity of Challenge-All regions

Figure 9: Severity of Challenge-North America

Figure 10: Severity of Challenge-Europe

Figure 11: Severity of Challenge-Asia-Pacific

Figure 12: Severity of Challenge-Rest of the World

Figure 13: Impact of trade agreements and economic unions on company's performance-Region

Figure 14: Main advantages of free-trade agreement for organizations-Overall

Figure 15: Major drawbacks of free-trade agreement for organizations-Overall

Figure 16: Future focus areas for packaging organizations-Region-1

Figure 17: Future focus areas for packaging organizations-Region-2

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Packaging, supply chain, suppliers, research, challenges, trade agreements, economic unions, advantages, disadvantages, company type, region

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