Buy low, sell high. Pretty simple. But a case currently before the U.S. Supreme Court tests whether manufacturers can prevent retailers from buying their products for the lowest price simply by, for example, printing the labels for the products outside the United States.
It's often been said that "no one sets out to make a bad movie." But each year, even some of the world's most talented filmmakers succeed in doing just that. In much the same way, no one aims to pull off a less-than-perfect logistics start-up or transition; yet such "failures" happen all the time, even to companies with the best of supply chains and noblest of project management intentions.
In the past two years, Chinese consumers have opened their wallets and pocketbooks online. Online buying and selling, including group purchasing (through the Chinese equivalents of Groupon), is the second-fastest-growing activity, after microblogging.
With sluggish U.S. growth, international business expansion has become a vital strategic pillar for many companies. Yet, an international expansion strategy is fraught with uncertainties, risks and other obstacles. So is it worth it? That is, are companies that grow faster internationally rewarded by investors with better share price appreciation such that the risks are worth taking?
Fast food chain McDonald's has employed techniques including $500 staff incentives, 30-percent wind power requirements and lightweight tractor-trailers to help green up its operations, according to a report by the company.
Doesn't it seem as though we are forever plunging into recession, then clawing our way back to recovery? In recent months we've seen hints that the U.S. economy is on the mend, with unemployment levels dropping. At the same time, consumer confidence is once again on the decline. It's a mixed bag by anyone's measure, but we've yet to return to pre-recession numbers in key sectors.
Global third-party logistics had a mixed year in 2011, and 2012 could be more of the same. But the signs are highly promising, at least in certain areas, that the industry's fortunes are indeed looking up.
When IBM announced it was selling its entire POS business to Toshiba TEC for $850m, it was arguably the most explicit sign yet that the retail POS hardware business is on its last legs. Not IBM's POS business, but retail POS activity in general.
Innovation in consumer packaged goods isn't a luxury in today's competitive market - it's a necessity. In an uncertain economic environment, most companies are struggling to achieve organic growth. "Driving both the top and bottom line has been elusive," says Girish Gulvady, director of integrated demand management and food service planning with Campbell Soup Co. "Innovation is filling that void."