Prospects are very bright for manufacturing in the U.S., says Raj Batra, president of the industry automation division at Siemens. Batra, who believes that the U.S. now offers a high-end, innovation-oriented manufacturing environment, cites 30 months of consecutive increases in the PMI index and growth in plant capacity utilization as signs that a renaissance is under way.
An integrated point-of-sale IT strategy will help CPG firms gain valuable insight into consumption data that can pave the way for a positive impact in a number of important areas. They include new/improved product formulation, inventory optimization, supply chain optimization, trade promotion management and optimization, and demand/forecast optimization. Furthermore, an integrated POS strategy can create a win-win for all stakeholders involved, including the retail partners.
As a culture of "bring your own device" takes hold in the business world, solutions providers face the challenge of ensuring that their applications work well on a variety of operating systems, says Mike Maris, senior director for transportation and logistics at Motorola Solutions.
A newly-launched performance study from The Hackett Group Inc. is designed to help procurement organizations improve how they enable their companies' growth, in revenue and other areas. The open performance study should assist procurement leaders move beyond cost savings, and better understand the progress and strategies used in all facets of growth.
Grocery store chain Supervalu Inc. is committing to have 300 stores divert 90 percent or more of their waste from local landfills by the end of the current fiscal year, Feb. 23, 2013).
Drewry Maritime Research and CargoSmart Limited will introduce a wider range of container key performance indicators to help importers and exporters benchmark their carriers' service levels.
The data explosion: so much to look at, so much to sift through! We are so fascinated with big! Big boats, big cigars and big shoes. But what, really, is big data? What does it mean to your business? And how can you or should you manage it? Although adoption of the buzz word is new, the management of big data is not.
Following the announcement by President Barack Obama and U.S. Trade Representative Ron Kirk that the U.S.-Colombia Trade Promotion Agreement will enter into force May 15, the Retail Industry Leaders Association (RILA) said the benefits of the pact will be huge.
Optimizing transportation costs includes analyzing agreements, auditing invoices and assessing value-added processes, says John Haber, founder and CEO of Spend Management Experts. But it's also about identifying contract "gotchas" and "smoke-and-mirror" pricing.
Netflix executives John Ciancutti and Todd Yellin are trying to create a video-recommendation system that knows you better than an old friend. It's a critical mission as Netflix faces pressure from its internet video rivals and subscribers still smarting from recent price hikes.