How much does your business spend on trade promotions to drive product sales? According to a recent Forrester report, the average for a CPG company is 20 percent of revenues, but the investment vs. return doesn't always add up. You already know that some of that money doesn't generate any return, but it gets worse: Forrester estimates that one-third of that spend – about seven percent of a typical company's revenues – actually generates negative returns, cannibalizing high-margin lines and encouraging "pantry loading."
In the business world, seldom do you find widespread agreement on any topic. However, everyone seems to know that the Internet of Things is important and getting more so - especially in the ways that organizations handle transportation and logistics.
IoT generates a tremendous amount of data - much more than people generate manually with their keyboards and cameras. And the volume of IoT data being generated will continue to increase at an exponential pace. How can companies extract the maximum value from that data? How should they think about it?
MercuryGate International Inc., a provider of cloud-based transportation-management system (TMS) software, has launched RateFriend, a freight index providing global rate data for road, air, ocean, rail and intermodal transportation.
Fleetmatics Group, a provider of mobile workforce applications delivered under a software-as-a-service (SaaS) model, has developed Fleetmatics Routist, an intelligent routing-optimization tool.
During the recent opening of Auburn University's RFID Lab, Amazon announced a joint project with the school to explore the business case for the implementation of RFID within the Amazon supply chain.
The latest news, analysis, trends and solutions for cloud, software as a service (SaaS) and on-demand systems and their impact on supply chain management. New technologies in cloud computing are transforming the way companies do business — and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of cloud computing and on-demand systems for supply chain management.
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