By 2016, there will be 3 billion internet users globally -almost half the world's population. The internet economy will reach $4.2tr in the G-20 economies. If it were a national economy, the internet economy would rank in the world's top five, behind only the U.S., China, Japan and India, and ahead of Germany.
Analyst Insight: The decision to initiate or continue global sourcing is not a simple one to make. Organizations have many factors to consider, both external and internal, and those factors can change. Organizations must revisit their sourcing strategy often to ensure that they are maintaining the best value. - Becky Partida, knowledge specialist, APQC
Although manufacturers have stepped up their efforts aimed at reducing their own carbon footprints, they have yet to significantly widen those efforts throughout their supply chains. According to a recent study conducted by the Carbon Disclosure Project (CDP) and Accenture, while 43 percent of the respondents say they have achieved year-on-year emissions reductions, only 28 percent of their suppliers can say the same.
Omni-channel commerce has put the consumer in the driver's seat, with the ability to shop anywhere, buy anywhere and receive products in the manner and time of their choosing. While this revolution has been a great convenience to consumers, it has left many retailers scrambling to develop a seamless operation that not only delivers the consumer's expectations regardless of channel but does so profitably. Therein lies the rub.