Not too long ago, the mere mention of the "China price" could send shivers down the spines of executives in developing countries trying to compete for outsourcing contracts. A pending labor shortage could make such pricing an historical relic.
IATA says the global air cargo market shrank by 1.5 percent in 2012, a second successive year of decline following a 0.6 percent contraction in 2011. Freight capacity was almost unchanged, growing by 0.2 percent over the year, but the load factor was just 45.2 percent. But the industry is guardedly optimistic cargo will pick up.
The National Retail Federation released its 2013 economic forecast, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 3.4 percent*, slightly less than the preliminary 4.2 percent growth seen in 2012. The subdued forecast comes on the heels of a holiday season that went head-to-head with Washington's political wrangling over fiscal concerns, shifting consumers' spending plans downward. In the end, holiday sales in 2012 grew 3.0 percent.
A study says that 30 percent of internal social networks will be viewed as essential as email and telephones are today. Gartner research suggests that enterprise social networking software has several advantages over traditional collaboration when it comes to group organisation and social filtering.
For small companies selling consumer products such as makeup or snack food, a partnership with a big multinational company can mean the difference between obscurity and becoming a household name. How does a small brand get a behemoth's attention?
The latest supply-chain news, analysis, trends and tools for executives in the food and beverage industries. Learn how food and beverage 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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.