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Think Tank
Business Strategy Alignment: Page 297
Will Industry 4.0 Cause Huge Loss of Jobs - or Will Workforce Adapt to New Skills?
Industrial production was transformed by steam power in the nineteenth century, electricity in the early twentieth century, and automation in the 1970s. These waves of technological advancement did not reduce overall employment, however. Although the number of manufacturing jobs decreased, new jobs emerged and the demand for new skills grew. Today, another workforce transformation is on the horizon as manufacturing experiences a fourth wave of technological advancement: the rise of new digital industrial technologies that are collectively known as Industry 4.0.
What to Make of Remarkable Yet Unnerving Robots?
Even in an era in which people are accustomed to rapid technological advancement, robots arouse unusual curiosity and strong emotion.
A Well-Designed Reverse Logistics Plan Starts with a Solid Remarketing Strategy
Lack of innovation over the past few decades around how organizations approach disposing of their returned, excess and obsolete inventory has resulted in billions of dollars lost and can no longer be left to inefficient, reactive or outdated methods.
Taco Bell App Success Leads to Revamp of Company Web Site
Most companies derive mobile apps from their websites, but Taco Bell has done the opposite. Building on the success of its e-commerce mobile app, the chain has revamped and renamed its website, extending the ability to order and pay via personal computers and tablets as well as enhancing the overall digital customer experience.
'30 Under 30 Rising Supply Chain Stars' Nominations Due Oct. 30
Attention, supply management professionals: Is there a young (30 or under) "rising star" at your company who is making a big impact? ThomasNet and the Institute for Supply Management are inviting the industry to recognize these achievers as "30 Under 30 Rising Supply Chain Stars." The nomination deadline for the second annual recognition program is Oct. 30, 2015.
Only 45 Percent of Chemical Companies Met Recent GHS Compliance Deadline, Survey Reveals
The state of readiness in the chemical industry for the Globally Harmonized System of Classification (GHS) and OSHA's Hazard Communication Standard (HCS) is less than ideal, according to a survey from Loftware, provider of barcode labeling solutions.
Tighter Shipper-3PL Relationships Required, Study Mandates
Labor shortages coupled with an increasingly competitive landscape are driving the need for service innovation and enhanced shipper and 3PL provider relationships, according to the 20th Annual Third Party (3PL) Logistics Study from Capgemini Consulting, Penn State University, Penske Logistics and Korn/Ferry International.
The Procurement Function Braces for Radical Change
A message to procurement managers: Your job is about to be transformed "almost beyond recognition."
Private Label Goods Highly Beneficial to Retailers, Study Suggests
The private label industry now represents one in every $6 of spend in the United States and poses a significant opportunity for retailers to drive margin, differentiate products, and serve consumer's wide and changing tastes.
Pepsi's Sustainability Initiatives Reportedly Save Company $375M
PepsiCo's environmental sustainability programs saved the company more than $375m since its goals were established in 2010, according to Pepsi's 2014 sustainability report.
The 'Financialization' of Business Is Taken to Task
Free-market capitalism says that the only purpose of business is to create shareholder value and that the unfettered market can regulate itself. In the last 30 years, that definition changed to, "the only purpose of business is to create shareholder value measured by short-term results and with little or no regulation."
GE Foundation Awards $100,000 Grant to Group Promoting Women in Manufacturing Vertical
Women in Manufacturing has received a $100,000 grant from the GE Foundation.
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