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Think Tank
Business Strategy Alignment: Page 306
Manufacturers' Battle Against Counterfeit Brands Is Costly, Ongoing Endeavor
The grand golden doors of 500 Pearl Street, in Manhattan, have welcomed such glamorous names as Hermès, Tiffany & Co., and Kering, a French conglomerate whose treasures include Gucci and Bottega Veneta. The building is not a posh hotel or department store. It is the federal court for the Southern District of New York, a favored battleground for the decidedly unglamorous war against counterfeit goods.
Plan Developed to Improve Retail Promotion Planning, Evaluation and Execution
Brick-and-mortar retailers - including supermarkets, discounters, drugstores and mass merchandisers - rely heavily on promotions, which typically account for 10 to 45 percent of their total revenues. Although promotions are a powerful instrument for increasing sales and margin, they are also difficult to use effectively.
Renewed Growth in Technology Hardware Manufacturing Linked to Wearables, Internet of Things
CIOs attribute the recent resurgence of hardware manufacturing to the popularity of wearables and the Internet of Things, according to a survey released by Riverwood Solutions, a supply chain services and operations consulting firm.
Debt Crisis Disrupts Supply Chain of Importers of Greek Products
Ted Diamantis, an importer of Greek wines who is based in Chicago, has been helping his suppliers stock up on bottles, labels and printing ink. The barrels, though, have him worried.
Reports Put Spotlight on Supply Chain Sustainability Efforts, Opportunities
Eliminating supply chain risk is the primary driver for sustainability initiatives and industry collaboration is the biggest opportunity according to a recent report published by Ethical Corporation titled "Sustainable Supply Chain Trends 2015." The report features insight from 415 CSR and supply chain professionals primarily based in Europe, North America and Asia Pacific.
Supply Chain Excels at Many Things - But Not in Managing Working Capital
Many companies have become adept at using supply-chain management to increase their competitiveness, yet the function remains under-utilized in one vital area: working capital management.
Offshoring Has Lost Its Luster
Reshoring is delivering wide-ranging benefits for an increasing number of U.S. manufacturers, who see it as a way to maintain (or regain) global competitiveness. According to the Reshoring Initiative, in 2003 about 140,000 jobs were lost to offshoring. In 2014, for the first time in two decades, the U.S. realized a net gain of 10,000 reshored jobs.
Industrial Biomanufacturing Moves Forward With Fits and Starts
Hope and expectation surround the chemical industry's increasing adoption of biotechnological manufacturing - but today, their lengthy development times and complex processes mean frustration is a major byproduct.
Businesses Must Transform to Succeed, and IT Is Critical to Making That Change
To build advantage, organizations must do more than just change. They must transform. As technology's role in business becomes ever more important, transformations will increasingly be underpinned by significant technology programs. In such technology-enabled transformations, IT leaders need two different strategies to ensure success.
Mercedes Initiative Targets Reduction of 20 Percent in Supply Chain Costs Per Vehicle
Mercedes-Benz is investing hundreds of millions in a global reorganization of its supply chain network that will set the course for growth and efficiency with the goal of reducing supply chain costs by 20 percent per vehicle.
Staples Revamps Online Sales Approach for Larger Businesses
Staples Advantage, the business-to-business division of office supplies retail and wholesale giant Staples Inc., has relaunched StaplesAdvantage.com to make it more accessible and useful to large and mid-sized businesses.
Navigating the Nuances of Procuring International Talent
The use of external labor is widespread, comprising as much as 30 percent to 50 percent of the total global workforce. Companies of all sizes, and in all industries and geographies, have a large flexible workforce on the ground around the world, including contingent workers, independent contractors, workers engaged through Statements of Work (SOWs), offshore resources and those involved in a variety of other project-based services.
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