Scott Webb, assistant professor of logistics at Georgia Southern University, shows how companies can avoid "cannibalizing" their existing product lines - and how they can strategically employ the practice as well.
Proenza Schouler has chosen the product specification, material management and calendar management modules of the Centric 8 product lifecycle management system for apparel and luxury goods companies.
There was a bit of good economic news last week, with the announcement that U.S. retail sales rose 0.8 percent in July. That was the biggest gain since February, and well above the 0.3 percent that economists had predicted. So is the economy finally recovering?
The business consultancy Accenture has agreed to acquire Octagon Research Solutions Inc., a provider of clinical and regulatory information-management services and software to the pharmaceutical industry.
Panjiva, provider of a platform for global sourcing, has developed Maritime Monitor, a product designed to meet the trade-analysis and lead-generation needs of the maritime industry.
The company's sales of high-value chemicals, laboratory supplies and equipment were constrained by an inefficient order-entry and processing system. It needed a new sourcing solution for its upstream supply chain.
Recently dubbed the world's second-largest maker of personal computers, Lenovo has adopted a new B2B sourcing solution from IBM for streamlining communications with logistics-management providers and contract manufacturers.
The latest news, analysis, trends and solutions regarding product lifecycle management and its impact on supply chain management. New developments in product lifecycle software - which manages product information from design to disposal - are transforming the way companies operate 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 using product lifecycle management solutions for supply chain optimization.
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