Building America's Future called for dramatically ramping up long-term investment in the nation's infrastructure after the American Society of Civil Engineers (ASCE) released its 2013 Infrastructure Report Card, which graded America's infrastructure a D+ overall.
The number of retail thieves apprehended annually continues to be about six million, research indicates, but the picture is much worse than that figure suggests. More than 78 percent of shrink is due to shoplifting by customers or retail employees. New products in fast-paced categories such as electronics, perfumes and sportswear being brought to market every year at premium prices are among the most likely to be stolen. Fresh meat remains a high-theft category for supermarkets and hypermarkets.
To cope with the larger vessels that will transit through the Panama Canal when its expansion is complete in 2015, Central American countries must dramatically improve their intermodal road and port network infrastructure, the quality of their trucking services and strengthen their institutional coordination, two studies issued today by the Inter-American Development Bank show.
The federal government told an appeals court that industry objections to its latest changes to the hours-of-service rules for truck drivers boil down to "simple scientific disputes" and that the government should be free to use its discretion in such cases.
As businesses and governments implement cost-cutting and other efficiencies to help them recover from the deep recession, now is the time to consider collaborative purchasing as both a short- and long-term strategy to cut costs.
Analyst Insight: In recent years, due to the changing and challenging global economy, there has been much talk about the need to balance natural competitive pressures with collaborative engagement across the supply base. The trick, of course, is how to do both things - competition and collaboration - effectively. I believe it starts with trust. - Kate Vitasek, faculty, University of Tennessee's Center for Executive Education, and Founder, Supply Chain Visions
Undoubtedly businesses need to guard their end products against counterfeiting to protect their profits, their brands, their customers, and the financial health of their businesses. But fighting counterfeits cannot be fully effective without guarding supply sources - the materials and components used to manufacture the end products.
According to figures released by the U.S. Department of Commerce, retail sales exceeded expectations despite headwinds caused by extreme weather in the Northeast and a continued adjustment to higher payroll taxes.
Chinese and Indian consumers are living well and eating well. And that could spark a global crisis. The consumer boom in China and India will touch off global inflation and could lead to food and water riots if investment, policy and technology don't keep pace.
Analyst Insight: Highly regulated industries"”such as pharmaceuticals, aerospace, food, and chemicals"”typically implement traceability and serialization capabilities to meet regulatory requirements, quality, and recall purposes. These same capabilities can be useful in reducing theft within the supply chain. But it takes more than just technology. It requires a community that can share that information effectively and collaborate with law enforcement at national, state and local levels. -- Bill McBeath, Chief Research Officer, ChainLink Research