So-called "growth through innovation" strategies continue to drive supply chain complexity at a rapid pace, making it harder for businesses to forecast, according to the 2014 Terra Technology Forecasting Benchmark Study. Data shows that demand planning has reached a performance ceiling with forecast value-added declining for a second year.
Taiwan's GuoGuang Opera Co. has deployed an RFID system from EPC Solutions Taiwan to help track the locations and distribution of thousands of costumes and accessories stored within its warehouse.
Sixty-eight percent of small-business owners surveyed recently expressed optimism for the upcoming holiday season as retail sales are poised to increase nationwide.
A recent survey shows a clear disconnect between large manufacturing companies and mid-sized ones when it comes to so-called Big Data, with 96.3 percent of the latter finding the phenomenon to be either difficult to understand or only somewhat understandable.
Nearly 80 percent of international businesses are unable to take advantage of early payment discounts from their suppliers, mostly due to internal payment process bottlenecks, according to global research report by Basware and MasterCard.
Shoppost, a platform for social commerce, is now available for retailers selling on the Amazon Webstore. Created by Zantler, Shoppost allows retailers to sell their products in-stream on Facebook, Twitter, Pinterest and blogs in a post that looks like an e-commerce storefront and will connect customers directly to the checkout process.
Market forecasts from ABI Research show that the revenues from the Internet of Things (IoT) application enablement platform (AEP)s grew by 28 percent in 2014. By end-2020, the revenue base will exceed $1.4bn, led by applications for remote monitoring and control.
Bring your own device (BYOD) has become an accepted practice in business. Gartner predicts that by 2017, half of all employers will require workers to supply their own devices for work. Yet there are mixed reports about whether BYOD actually saves businesses money.
Material handling equipment new orders grew 8.8 percent in 2013 and are forecasted to grow 8.0 percent to 9.0 percent for 2014 and 2015, according to the latest Material Handling Equipment Manufacturing Forecast (MHEM) released by MHI.