While more peak-season shopping will likely be done online this year than ever before in North America, one of the most important factors in a shopper's decision to use the web will be cost rather than speed of delivery, according to a consumer survey conducted by Canadian parcel and freight service Purolator International, along with the Stony Brook University Center for Survey Research.
Industrial buyers have long needed to negotiate the specifications and prices for key purchases. Now, more than ever, consumers expect a personalized experience from product configuration all the way through fulfillment preferences. It is not surprising, therefore, that organizations today are facing increasing challenges with the management of their quote-to-cash (Q2C) process. These challenges include the ability to deal with the intricacy of personalized product offerings as well the complexity of the fulfillment processes and closing out the transaction through the settlement process. By embracing and streamlining the Q2C process, organizations can create strong customer loyalty and increase the bottom line.
More than two-fifths (42 percent) of European adults have bought products directly from a manufacturer in the last 12 months, according to the JDA Manufacturing Pulse Report, which surveyed 6,146 adults online across the UK, Germany, France and Sweden.
Annual sales of fuel cell vehicles, both passenger cars and buses, are expected to exceed 228,000 by 2024, according to a report from Navigant Research.
Cyberattacks are growing in number and scope due to rapid increases in interconnectivity and mobile data. In response, Moody's Investors Service announced that the credit implications associated with cyber defense, detection, prevention and response should start to take a higher priority within its credit assessments and analysis.
Sporting goods company DeMarini Sports is employing radio frequency identification technology to track its baseball and softball bats, thereby ensuring the integrity of the supply chain for its high-value products.
The latest supply-chain news, analysis, trends and tools for executives in the pharmaceutical and biotech industries. Learn how pharmaceutical and biotech 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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