When people think "robots," they often envision vaguely humanoid sci-fi-movie beings with strange speech patterns. But today’s state-of-the-art robots are a far cry from that outdated stereotype. And they are showing up for work.

In the debate over why the U.S. has been so slow to emerge from the Great Recession, many have laid the blame on what's become known as the skills gap: Despite an abundance of workers, too many simply aren't qualified to fill the jobs available. Even now that hiring is running at its fastest clip since the late 1990s, business and industry groups such as the Chamber of Commerce continue to emphasize the damage the skills gap is doing to the economy. So do a lot of consulting firms.

AeroScout Industrial, a provider of active radio frequency identification solutions, has installed an "Internet of Everything" system at a power tools plant owned by its parent company, Stanley Black & Decker, located in Reynosa, Mexico. The solution has enabled the firm to improve product throughput and labor efficiency, and to reduce the quantity of inventory stored on site for assembly-line replenishment.

Global companies increasingly view emerging markets not only as a source of supply but also as a source of sales. Clive Geldard, group vice president for retail and supply chain at Solving Efeso, discusses supply chain challenges that these markets present and steps companies can take to improve performance.