Despite its history of political unrest and military juntas, the nation of Thailand is emerging as a major Southeast Asian logistics hub that could be worth nearly $100bn in revenue over the next few years, according to a December 2015 study released by worldwide consultants Frost & Sullivan.
When the Panama Canal expansion finally debuts in Spring of 2016, it will open to a thriving market that remains hungry for new and efficient distribution center space in nearly every major U.S. market. Retailers and e-commerce companies are already investing in new and larger distribution and fulfillment centers as the U.S. supply chain evolves to meet changing consumer demand and service requirements; especially near key ports, transshipment points and large population centers.
Good data is critical to a company's decisions on where to site manufacturing, distribution and services facilities. But too much data can paralyze planners. HP has found a way to cut through the noise and react more quickly to changes in the market.
Innovation of the Year: Automating the assembly of pallets that incorporate cases of multiple dimensions leads to big savings in labor costs, a safer work environment, a streamlined D.C. operation, and better service to retail outlets.
Innovator of the Year: The Liquor Control Board of Ontario; Runner-Up: Lennox Residential; Finalists: Hewlett-Packard, U.S. Marine Corps, Shared Support Services of Southeastern Ontario
Of manufacturers planning to add production capacity over the next five years for goods consumed in the U.S., more plan to add that capacity in the U.S. than in any other country - a sharp reversal since as recently as two years ago. And a rising percentage of U.S.-based executives at the manufacturers say they are already in the process of reshoring production work from China. These are among the findings of new research released today by The Boston Consulting Group.
Given the vicissitudes of the world's textile and apparel supply chain, China is changing its strategy to counter what Chinese experts describe as the "new normal." That has direct impact on textiles in the United States.
You feel the energy soon after disembarking at Hazrat Shahjalal International Airport in Dhaka. All of Dhaka, the capital of Bangladesh, seems to throb with bustling masses of people. Bridges, expressway overpasses, and major new neighborhoods are continually under construction. Evidence of the country's rising disposable income is on display at crowded shopping malls such as Jamuna Future Park, the largest in South Asia, and new billboards, which seem to cover every available space, advertise products as varied as packaged foods and smartphones.