A British senior executive working in China for the global pharmaceutical giant GlaxoSmithKline helped orchestrate a long-running bribery and fraud scheme that involved making secret payments to doctors, hospital staff and government officials to bolster drug sales, Chinese authorities said.

Challenge: An industry leading technology manufacturer was incurring hundreds of thousands of dollars in chargeback fines from several "big box" retailers that sell their product due to the previous logistics providers' inability to comply with the retailers' stringent delivery protocol.

Cloud providers do not give companies enough insight into performance and customer demand, according to Compuware.

Project-based operations that improved on-time and on-budget performance by 10 percent or more were nine times as likely to also improve dramatically on key financial metrics such as net profit margin and cost of compliance. Nearly every project-based manufacturer feels it is important for their company to improve on end-to-end project management, but less than half of the companies in project manufacturing, aerospace and defense (A&D) and maintenance, repair and overhaul (MRO) sectors with project-based operations make wide use of any recognized category of commercial software system. This includes limited use of enterprise resources planning and quality management (QMS) systems.

Office Depot Inc. will close at least 400 stores by the end of 2016, according to chairman and CEO Roland Smith.

Retailers must put procedures in place to protect the long-term health of their businesses and ensure security concerns are a central part of their omnichannel strategies, according to a new industry report.