Retail theft, including shoplifting, employee theft, administrative error and vendor fraud is down, according to an annual survey recently conducted by the University of Florida. The National Retail Security Survey 2011 report found that theft as a percentage of revenue was 1.41 percent, down from 1.49 percent in the previous findings. This calculates to an approximate $2.6bn decline in losses.
Enrique Almanza Hernandez, logistics expert and former central Mexico regional director at Autotransportes de Carga Tresguerras SA de CV, discusses key issues surrounding effective North American supply chain management and explores the state of fully integrated North American logistics - including the evolution of some Mexican carriers into true 3PL providers. Hernandez spoke with Danny Slaton, SMC ³ executive vice president of business and product development.
The International Air Cargo Association has applauded the recent agreements forged by authorities around the world to mutually recognize other countries' airfreight screening regimes. But more nations should follow the lead of these trailblazing countries, TIACA says.
One could imagine European bankers emitting a collective sigh of relief over the latest election results in Greece, whose citizens last week gave a narrow edge to the conservative New Democracy party. In the process, they ratified the controversial $220bn bailout plan that is intended to keep Greece in the eurozone and avert economic disaster throughout the European Union.
Eighty percent of manufacturers responding to a recent survey rate reducing overall supply chain costs as the number one supply chain priority in the coming year, according to IDC Manufacturing Insights. Nearly 55 percent suggest supply chain agility is second and 52 percent suggest improving product quality and safety is the third-most important priority.
Just when you thought cloud computing couldn't get any more complicated and fraught with hidden gotchas, the Pennsylvania Department of Revenue has jumped in to sprinkle taxation magic on your cloud business cases. What the Keystone State did - and other states are likely to follow - doesn't make cloud any less profitable, but the specifics of the cloud deployment could now impact tax costs.
Fair Factories Clearinghouse, a non-profit organization that helps major brands and manufacturers collaborate to ensure cost-effective, well-informed business transactions and improved workplaces worldwide, has enhanced its software and collaboration platform that support a new approach for manufacturing audits.
Brian W. Hagen, managing director of the Decision Empowerment Institute, explains why supply-chain risk management has failed as a decision-making tool for many companies.
The Retail Industry Leaders Association welcomed Mexico as a negotiating partner in the Trans-Pacific Partnership. The TPP is a prospective regional free trade agreement among Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam and the United States.