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Think Tank
Business Strategy Alignment: Page 316
Partnership Aims to Streamline Designs for 3D Printing of Parts
PTC and Stratasys Ltd. are working to deliver a seamless experience between PTC Creo design software and Stratasys 3D Printing Solutions. The joint vision is to make additive manufacturing more accessible to designers and manufacturers and to allow them to fully realize the advantages of the technology. These advantages include geometric freedom and part functionality, economic low volume and on-demand manufacturing, the production of customized products, and more.
Subaru Is Incredibly Successful. Would Expansion Change That?
Since 2011, Subaru's global sales have surged 45 percent to 913,100 vehicles, a pace bested only by a few burgeoning Chinese brands and Fiat Chrysler, which has been intent on making Jeep a popular choice in Europe and Asia. In the U.S., Tesla is the only car company that has increased sales as quickly in that period. And Subaru has done all this while cranking out the best profit margin in the industry.
Hydraulic Fracturing Causes Another Split Between Conservative and Liberal State
Fracking is creating a new dividing line between the nation's red and blue states.
Internet of Things Gives Companies Opportunities in Customer Service Management
New market opportunities are available to companies in almost every industry from the data that IoT delivers. These new opportunities could be as simple as getting information from sensors about what is happening on the manufacturing plant floor causing automatic manufacturing updates, potential adjustment to customer order delivery dates or even a maintenance work request to handle a detected equipment malfunction. All of these opportunities cause changes to be made to the supply chain.
Reshoring: Reality or Hype?
Japanese Shipbuilder Tests Drones for Safety Inspections, Productivity Boosts
Tsuneishi Holdings Corporation is exploring the commercial applications of drones at its Hiroshima shipbuilding facility in an effort to increase both safety and productivity in daily operations.
Advances in Automation, Wage Hikes in China Compel Manufacturers to Consider Returning to U.S.
Global supply chains will continue to expand in coming years, but at a slower pace than before, and in ways that follow different patterns, according to a report from Standard Chartered Bank.
How to Tell If You're Truly Innovative
Preparing for the Next-Generation Supply Chain
Hermes-OTTO Launches ASTRA Supply Chain Services
Hermes-OTTO International, a provider of electronic-commerce services for fashion and lifestyle brands, has launched ASTRA Supply Chain Services Ltd.
CIPS Partners With Procurious on Social Media
The Chartered Institute of Procurement & Supply (CIPS) is partnering with Procurious, an online business network for procurement and supply-chain professionals, to form a social media knowledge initiative.
Are Your Trade Promotions Pulling in Sales or Dragging Down Profits?
How much does your business spend on trade promotions to drive product sales? According to a recent Forrester report, the average for a CPG company is 20 percent of revenues, but the investment vs. return doesn't always add up. You already know that some of that money doesn't generate any return, but it gets worse: Forrester estimates that one-third of that spend – about seven percent of a typical company's revenues – actually generates negative returns, cannibalizing high-margin lines and encouraging "pantry loading."
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