Top 11 Priorities for Profitable Growth in 2011

Global Supply Chain Consulting Firm Tompkins Associates Reveals Key Supply Chain Strategies and Trends for Nine Industries in Coming Year

RALEIGH, NC, December 20, 2010 - Companies will need to focus on globalization, innovation, strategic market planning, sustainability and uncertainty in the coming year, according to Tompkins International’ Top 11 Priorities for Profitable Growth in 2011.

“Across key industries and areas, we have developed nine Top 11 Priority Lists — Automotive, Consumer Products, Food & Beverage, High-Tech, Logistics Service Providers, Mergers & Acquisitions, Retail, Pharmaceutical, and Service Supply Chain — to help companies plan for 2011,” says Jim Tompkins President and CEO of Tompkins International. “While we found a few common priorities across the board, each industry has its own specific set of needs.”

The overriding theme across industries is that “uncertainty is certain.” Organizations in all sectors will face uncertainty head on in 2011, and the most successful ones will lead — not manage — through uncertainty and grow more agile to deal with unpredictable circumstances.

Globalization also remains a high priority for gaining a competitive advantage. “The benefits of doing business in emerging markets cannot be ignored,” Tompkins says. “While the focus has mostly been on whether or not to outsource, the question now may be whether or not to sell into these growing countries and regions.”

About Tompkins International

Tompkins International is a supply chain consulting and implementation firm that maximizes supply chain performance and value creation. We enable clients to be more profitable and valuable, while also becoming more agile, flexible, and adaptive to the marketplace. Tompkins collaborates with client teams to develop improved operations strategies, supply chain planning, and execution across all the Mega Processes of supply chains (PLAN-BUY-MAKE-MOVE-DISTRIBUTE-SELL). Tompkins is headquartered in Raleigh, NC and has offices throughout North America and in Europe and Asia.

CONTACT:
Barbara Adams, badams@tompkinsinc.com

Twitter: @jimtompkins
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