Driven by the need to continuously improve the performance of industrial operations, the worldwide market for asset reliability software and services should experience growth that will outpace the automation market as a whole, according to a new ARC Advisory Group study.

U.S. Customs and Border Protection officers and Consumer Product Safety Commission investigators have seized more than 200,000 toy dolls arriving from China due to high levels of phthalates, a group of banned chemical compounds.

Social media can make or break a company today. They can't be ignored as a crucial element in building and maintaining brand image, says Larry Monaghan, senior vice president of supply chain with Haier America.

Procter + Gamble Co. says its 15th Annual Sustainability Report demonstrates the company's commitment to helping people live better and more sustainably through an integrated approach to environmental and social responsibility. The report includes P+G's sustainability results from the past fiscal year and progress updates on the company's environmental and social responsibility goals for 2020.

Over the past 30 years, most companies have added new C-level roles in response to changing business environments. The chief financial officer role, which didn't exist at a majority of companies in the mid-1980s, rose to prominence as pressures for value management and more transparent investor relations gained traction. Adding a chief marketing officer became crucial as new channels and media raised the complexity of brand building and customer engagement. Chief strategy officers joined top teams to help companies address increasingly complex and fast-changing global markets. Today, the power of data and analytics is profoundly altering the business landscape, and once again companies may need more top-management muscle.