In 2005 Walmart made history when then-CEO Lee Scott announced a bold sustainability strategy that would impact every aspect of its business. Along the way business researchers from the University of South Carolina and the University of Arkansas were given unprecedented access to study the process. A three-year project has culminated into a series of case studies, available online, that will be used to teach business students and executives about sustainability and business development.
With more high quality data becoming available to fraudsters than ever before, an economy forecast to contract and the UK's benefits spend reducing, overall fraud levels will continue to increase dramatically across the UK and the rest of Europe, according to UKFraud, a detection company focusing on fraud prevention.
Big business could be saving millions of dollars per year - a full margin point or more - on their indirect spend: areas like IT, logistics, marketing, and energy that may not be a part of a business's core product, but have a big impact on the bottom line.
Companies can meet the challenge of ever-growing complexity in their global operations by synching their plant and supply-chain processes. Eric Green, vice president of solution strategy with Apriso, shows how.
Robert Byrne, CEO of Terra Technology, discusses highlights of Terra's 2012 benchmarking study on forecasting, which is based on raw data collected from the major CPG companies that are Terra's customers. Byrne explains why forecast accuracy is moving in the wrong direction and what companies can do to correct this trend.
The retail industry will lose an estimated $3.48bn to return fraud this holiday season, down from $3.73bn last year, according to the National Retail Federation's annual Return Fraud Survey, completed by loss prevention executives at 103 retail companies. Annual return fraud will cost retailers an estimated $14.37bn in 2011, up slightly from $13.66bn in 2010.
Richard J. Sherman, president of Gold & Domas Research and director of strategic development for CSCMP, summarizes the practical road map to supply chain transformation that he explores in depth in his new book.
Working closely with Haesaerts Intermodal and Procter & Gamble, Dow Chemical Co. implemented a multifaceted plan for significantly reducing its carbon footprint caused by the movement of a crucial chemical from France to Russia.
As I waited to pay for my groceries the other day, a manager instructed a novice bagger on the art of separating lighter items, like the eggs, from heavier ones, such as a 12-pack of canned dog food. Like to like, the boss said; that way stuff doesn't get crushed on the ride home.