Early uses of big data were concentrated in two areas: customer segmentation/marketing effectiveness, and financial services, particularly in trading. Recently, supply chain has become the "next big thing."
While physical gift card purchases and receipts are still preferred over digital, both awareness and actual use of digital gifts is growing, with male shoppers leading the way, says research from Stored Value Solutions. The research also suggests that adoption can be accelerated by making users, both givers and receivers, comfortable with the form factor.
The building industry is rapidly developing new technology to manage emissions and improve energy efficiency and water management, while also lowering operating expenses.
Proposed regulations mandated by the Sanitary Food Transportation Act and the Food Safety Modernization Act hold powerful implications for the future of the cold chain industry. The business environment is shifting, and the proposed rule is just one piece of this changing landscape, as the industry experiences an overall increase in regulations, customer-required audits and augmented public pressure from food recalls.
In early November, Amazon repriced 55 percent of its best-selling office/school products and 45 percent of its best-selling toys/games from one day to the next.
In the not-so-far-off future, teens won't bother getting driver's licenses, consumers will shun owning their own cars, and taxis will be replaced by "taxibots."
Geodis has received regulatory approvals needed for finalizing its acquisition of Ozburn-Hessey Logistics (OHL), a third-party logistics provider with annual revenue of nearly $1.3bn.
Rittal, a manufacturer of enclosures for servers and other IT equipment, as well as climate-control and power-distribution systems, is employing radio frequency identification technology to manage the movements of its products through the painting process at its Rittershausen assembly plant.
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.
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