U.S. legislation has compelled a stepped-up interest in preventing counterfeit electronic parts from slipping into the supply chain. It has also raised more questions than it has answered. For many dealing with the enormous task of tracking, reporting and resolving issues associated with potential counterfeit parts, there is a collective hope that 2013 will bring clearer guidance on what needs to be done by whom and when.
The recent revelation that the owner of an Algerian cargo ship whose crew was held by Somali pirates paid them $2.6m in ransom is yet another indication that the rewards these denizens reap for their illegal, life-threatening work remain a serious stumbling block to ending maritime organized crime, said William H. Watson, president and COO of AdvanFort Company, a maritime security solutions provider.
ABI Research and the International Telecommunication Union (ITU) have signed a memorandum of understanding to jointly develop a Global Cybersecurity Index (GCI) to measure the cybersecurity development capabilities of sovereign nation states. The referential will be based on five categories: Legal Measures; Technical Measures; Organizational Measures; Capacity Building; and Cooperation.
The Indian IT infrastructure market, comprising servers, storage and networking equipment, will total $2.1bn this year, according to Gartner, and surpass $2.9bn in 2017.
Britain's manufacturing companies are driving a trend towards greater use of automated storage and handling systems. That is the view of Steve Richmond, director of Jungheinrich UK, systems and projects division.
Globalization has had an overwhelmingly positive impact on supply chains. Purchasers can now search further afield for goods and services to achieve better value, quality, price or reliability. But for all their benefits, truly global supply chains are not without issues. The trends for reduced inventory, just-in-time ordering and end-to-end automation mean that many companies are hugely reliant on their IT infrastructure and underlying communication services.
EU proposals to return to the days of supply chain management following the abolition of milk quotas in 2015 have been fiercely rejected by the dairy industry.
Global manufacturers are putting their supply chains at the center of their business strategies to serve as the foundation for operational efficiency and collaborative innovation, according to KPMG's fourth annual Global Manufacturing Outlook. The report, entitled "Competitive Advantage - Enhancing Supply Chain Networks for Efficiency and Innovation", surveyed 335 C-level executives globally - including 95 in the U.S.
More retailers today are looking at the way they manage their non-merchandising indirect spends, and procurement transformation is increasingly coming into the conversation.