As larger U.S. retailers continue to close underperforming stores with more customers choosing to shop online from their own homes, big-box store vacancies have increased in recent years. But with online sales only increasing and more small shop spaces mimicking the online sales environment, the biggest impacts are being reflected in warehouse space and logistics.
China's economy continues to make global headlines, with each uptick or downtick in GDP growth, industrial output, retail sales, or other measure pored over like tea leaves for what it portends.
To increase awareness and create ambassadors for manufacturing careers for women, APICS and the Manufacturing Institute have released LEAD: Becoming an Impactful Voice to the Next Generation of Talent.
Endries International, a distributor of fasteners and related production supplies, is offering its customers an RFID-driven service that automatically replenishes parts inventory. The service is designed to help its customers prevent out-of-stocks, speed up replenishment times and reduce the amount of inventory they need to keep on hand.
Global manufacturing companies say they have realized good results by adopting cloud applications, and they plan to accelerate cloud use dramatically by 2017 - especially in their manufacturing, engineering and operations groups. Some of the biggest benefits have come from lower IT costs, higher employee productivity, better data visibility and gains in process automation.
Technology is an invaluable asset for sourcing teams, but it's not the end-all and be-all. In fact, for many organizations, evaluating vendors and deploying procurement technology can quickly become a major headache due to a lack of differentiation, long implementation time-lines and steep learning curves. Even when implementation goes smoothly, many procurement departments find themselves in a precarious position following deployment - they have a new, powerful technology at their disposal, but not enough people or internal resources to fully take advantage of its benefits and functionality.
Challenge: A distributor of industrial equipment found itself saddled with siloed applications running in a fragmented IT environment that provided little visibility. Productivity suffered as staff had to manually process, import and export data across multiple systems, and a lack of real-time client information was causing needless delays and lost opportunities for sales and customer service.
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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