Many of the key priorities of the Asia-Pacific Economic Cooperation forum are "strikingly similar" to those of Walmart, executives of the retail giant's Asia Pacific arm say. That includes supporting the economic empowerment of women, increasing speed and efficiency in supply chain and sourcing operations, adding new stores and infrastructure, playing a leadership role in food security and sustainability - all shared goals not only critical to Walmart's success but to people, communities and entire economies alike.
Five years after the onset of the global recession of 2008-2009, the sluggish pace of recovery and worries over employment and financial security continue to weigh heavily on consumer sentiment in developed economies. Consumers remain highly concerned about their jobs, personal finances, and economic future. Yet amid the lingering angst expressed in The Boston Consulting Group's 2013 Global Consumer Sentiment Survey, there are also encouraging signs.
According to one report, the manufacturing sector expanded in September at its fastest pace since early 2011, an indication that economic growth is picking up in the second half of the year. The Institute for Supply Management's closely watched purchasing managers index increased to 56.2 last month, from 55.7 in August, the group said.
Consumers have moved on from BlackBerry. T-Mobile will no longer sell the company's smartphones in its stores. And now a manufacturing partner wants out.
Walmart has decided to offer products with fewer harmful chemicals, increase the use of recycled materials, reduce fertilizer use in agriculture, and increase energy efficiency in the products its stores carry. The new standards apply to Walmart stores in the United States and elsewhere around the world.
Additive manufacturing, or 3D printing as it's often called, is not about to replace mass manufacturing. Even though the technology is improving, the finish and durability of some printed items can still fall short of what producers require.
When 3D printing allows anyone to scan an object and create it, the concept of intellectual property and trademarks will increasingly become irrelevant.
In promoting Troy Alstead from CFO and chief administrative officer to CFO and group president of global business service, Starbucks has elevated an officer with great experience in supply chain management as well as in finance.
Household appliance production in the United States is projected to increase 7 percent in 2013, 4 percent in 2014, and 4 percent in 2015, according to the Manufacturers Alliance for Productivity and Innovation. Overall, U.S. production was at a strong pace in the first quarter of 2013, decreased slightly in the second quarter, but is expected to accelerate in the coming months.