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Business Strategy Alignment: Page 418

Do Bonuses, Other Incentives Conflict with 'Agnosticism' of Merged-Channel Retailing?

As merged channels (also known as omnichannel) become the default for an increasing number of retailers, the challenge of efficiently handling the supply chain and managing inventory becomes exponentially more complex.

Matchmaker Between Manufacturers, Clothing Retailers Looks for Next Apparel Hub

Li & Fung - the most important company that most American shoppers have never heard of - has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh. Now, with sweatshop disasters there drawing international scrutiny, the business is looking for the next best place - perhaps South America or sub-Saharan Africa - where it can steer apparel buyers seeking workers to stitch clothing together for a few dollars a day.

Apparel Store 02

London Reportedly Maintains Most Expensive Logistics Space

London Heathrow is the most expensive logistics location in the world, according to a new report by DTZ. The property solutions firm's Global Occupancy Costs Logistics 2013 report reveals that renting a logistics facility around the London airport will cost $313 per square meter a year.

Global Logistics 03

Electric-Power Generation Industry to Require More Automation and Software, Study Finds

After the economic crisis, which had a marginal effect on the power generation industry, the automation and software solutions market in the electric power generation sector continued to grow. While the capital expenditure trend grew strongly from 2006 until 2008, it went down significantly in 2009 due to the global economic crisis. However, the investment activities resurged in 2010 and 2011. Developed economies have increased their investment in grid modernization while emerging economies have continued to build new electricity infrastructure. China's projects in this sector are ambitious and farsighted.

Chemicals Energy 1 05

Skyrocketing Growth of Bluetooth-enabled Devices Enables 'Internet of Everything' to Become Reality

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.

Supply Chain Sustainability Important, Survey Finds, But Execs Say Cost Outweighs Environmental Benefits

While most executives recognize the importance of supply chain sustainability, cost is still a major factor and trumps environmental impact as a driver of behavior, according to a survey of 150 C-level and senior leaders at U.S. and European companies, according to AlixPartners, a global business-advisory firm. However, those that can implement cost-effective sustainability strategies and effectively market them to customers will have a competitive advantage.

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Why Small and Mid-sized Companies Need Transportation Management Systems

Small to medium-sized shippers have a low adoption rate for transportation management systems because traditional systems cost too much and are not geared to the specific needs of smaller businesses, says J.P. Wiggins, vice president of logistics at 3Gtms.

Factors Enabling Future Logistics Growth

A host of marketplace trends are driving logistics companies to offer more value-added services and to physically locate closer to customers in order to support continued growth, says John Ferguson, CEO of SCI Logistics, a major logistics provider in Canada.

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Are Free-Trade Policies Helping or Hurting U.S. Manufacturing Workers?

President Obama publicly deplores growing economic inequality in the United States. At the same time, he is pushing for a new Trans-Pacific Trade Agreement on top of the trade agreements he won in 2011. Evidently, he sees no inconsistency here, but a growing body of economic research points to the adverse effects of lowered tariff barriers on manufacturing workers and their communities. Whether or not the losers are beginning to outnumber the winners, free trade is increasing the economic distance between the two.

Initiatives to Relieve Congestion at Southern California Ports

Long waiting lines of incoming trucks at the Ports of Los Angeles and Long Beach create an unacceptable drag on productivity, says Mike Stark, president and CEO of Pacer Distribution Services and an active member of the Harbor Trucking Association. Stark explains how adaptive appointment software could help remedy this situation.

Encouraging Innovation to Come from Every Corner and Level of the Enterprise

Innovation is a popular word today, with plenty of books supporting it. Most pundits promote big innovation programs with innovation departments and innovation plans. But unless you happen to have hired the next Nikola Tesla, this is hardly a sustainable strategy.

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Optimism Grows as Manufacturing Continues to Increase

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.

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