Fluid Management Technology Pty Ltd. (FMT), a specialist in fuel tank management, has developed an RFID- and Internet of Things (IoT)-enabled solution for clients that need to accurately monitor their fuel consumption. The backbone of the system is a device that the company calls the SmartFill GEN 2, which helps prevent theft by restricting fuel dispensal only to authorized users.
Analyst Insight: The lines between consumer products and retail are more blurred than ever. But for large CPG companies, the challenge remains to create seamless, responsive supply networks optimized to sense demand and respond efficiently, whether shipping to a major retailer or an individual customer. The next five years will see increased adoption of digital technology, heightened M&A activity, and new competition from unexpected sources, all jockeying for a place in customers' homes. – Matt Gunn, manager of Industry Solutions, GT Nexus
One thing that's often missed in President Donald Trump's complaints about the U.S. trade deficit is America's $248bn surplus in exports of services like education, banking and software.
A few months ago, a representative from Cargill traveled to this remote colony in Bolivia's eastern lowlands in the southernmost reaches of the vast Amazon River basin with an enticing offer.
In a quick counter-salvo, Amazon has announced it's lowering the free shipping threshold for non-Prime members from $49 to $35, a response to Walmart's move earlier this month.
Packaging for e-commerce may well look different from that of the traditional retailer. And lucky that it is, given commerce sales grew in the U.S. at 14.6 percent in 2015, according to Internet Retailer.
FLEXcon was founded in 1956 when Myles McDonough saw an unmet need. "My father was an adhesive salesperson with a chemistry background, helping customers throughout New England learn how to run and where to use newly developed acrylic based adhesives," notes his son, Neil. "He noticed that his customers frequently turned down small orders. If the order was for less than 3,000 yards, then it was not worth setting up the adhesive coating machine. He believed, and subsequently proved, that there was a good business in small custom orders, if you organized yourself effectively and priced the order appropriately."
Revlon Inc., making its first major marketing push since it bought Elizabeth Arden Inc. last year, is tapping Amazon.com Inc. and Lady Gaga to reinvigorate sales and better reach millennials.
The latest supply-chain news, analysis, trends and tools for executives in the consumer packaged goods industry. Learn how consumer packaged goods companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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