Mark Preston, global lean leader with Lean Applications LLC, outlines the key factors to be considered in fostering a "culture of excellence" within companies.
Procrastinating is out this year when it comes to holiday shopping, with 62 percent of consumers surveyed planning to finish their gift buying on or before Dec. 16, according to the International Council of Shopping Centers.
Companies will face next year emerging threats in cloud data storage that will demand security measures that go far beyond what is offered by service providers, a university report says.
One of the new buzzwords in the demand planning arena is demand sensing. Developed around 2003, demand sensing has slowly been grabbing the interest of the CPG, energy, food, beverage, and chemical industries. Often viewed as an alternative to demand management, demand sensing is anything but. Let's compare the two.
Despite the shortest shopping season since 2002, Adobe Systems predicts record growth for online sales on Thanksgiving with $1.1bn and Black Friday with $1.6bn, increases of 21 and 17 percent, respectively.
TNT Express, one of the world's largest express delivery companies, has opened a new warehouse in Doha to support and sustain its business growth in the country.
Tomini Shipping has revealed plans for further expansion following an order for nine new bulkers. Chairman Imtiaz Shaikh has said that the Dubai-based company has set itself a target of at least 20 new vessels over the next few years.
Plastic bags that can stop bread and cheese from going moldy after just a few days have been developed by scientists. The technology, which uses chemicals that prevent bacteria and fungi from growing, allows food to last for longer.
The number of companies falling victim to fraud has increased in the past year, according to the 2013 Kroll Global Fraud Report. Overall, 70 percent of companies were affected by fraud in the past 12 months, up from 61 percent the previous year, and there was an increase in every category of fraud covered by the study.