Companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas, says a study by Ernst & Young LLP and GreenBiz. Driven by trends such as extreme weather events and risks to natural resources, among other factors, the shift is evidenced by the increasing involvement in sustainability-related issues of shareholders and the C-suite. At the same time, the study finds, companies are not adequately aligning risk response to the scale of sustainability challenges.
It's more than just number-crunching. Lalit Wadwha, vice president of global supply chain operations with Avnet Electronics Marketing, lays out the fundamentals of supply-chain analytics.
Korean electronics and home appliance firm Dongbu Daewoo Electronics is selling a near field communication-enabled refrigerator in Korea that allows users to track the condition and efficiency of their kitchen appliance, by means of an NFC smartphone loaded with a Dongbu Daewoo application.
The installed base of Bluetooth-enabled devices alone reached 3.5 billion in 2012 and is forecast to grow to almost 10 billion by 2018"”with not even taking into account many other technologies, such as Wi-Fi, ZigBee and cellular, according to ABI Research.
Manufacturing expanded in July at the fastest pace in more than two years, sparked by surges in orders and production that signal companies are growing more optimistic about the U.S. economy's prospects.
DSC Logistics has announced the expansion of their U.S. network with the construction of a state-of-the-art Food / CPG Retail Consolidation Logistics Center in the new logistics park in Moreno Valley, California. Kraft Foods Group, one of North America's largest consumer packaged food and beverage companies, will be the first customer in the building, scheduled for a late 2013 opening.
Aaron Corcoran, director of logistics with KUKA Systems Corp. North America, discusses how automation is transforming order fulfillment, as companies seek to forge "smarter" supply chains.
Cargill has released an assessment tool to help food and beverage customers achieve their growth, cost reduction and risk mitigation goals by identifying, prioritizing and quantifying risks and opportunities in its supply chains.
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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