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Think Tank
Business Strategy Alignment: Page 437
Not Waiting for IT Department's Lead, Many Senior Execs Make IT Investments on Their Own
Senior management executives are increasingly budgeting for information-technology purchases particular to their own functional areas or departments, beyond what's included in corporate and IT-department budgets.
Companies Begin to See Risks, Opportunities Associated with Sustainability, Report Finds
Companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas, according to :2013 six growing trends in corporate sustainability", an Ernst & Young LLP / GreenBiz Group study.
Managing People and Systems Is Key to Proper Inventory Management
Managing inventory requires skillfully balancing a variety of complicated and competing objectives. Supply management professionals responsible for inventory have to control inventory holding costs, such as warehousing and financial opportunity costs, while pursuing cost savings that may be obtained with larger purchases. They also simultaneously support ambitious customer service levels for a constantly expanding product portfolio. Of course, supply managers who focus on inventory know these pressures well.
The Way You Prioritize Suppliers May Not Be Best Method for Mitigating Risk
The way suppliers are typically segmented may work well for prioritizing procurement resources on supplier selection, managing supplier performance, and supporting and developing strategic suppliers. But it doesn't always work well for prioritizing resources on risk management and compliance. Many B and C suppliers may be easily switched, but still represent large material risks to the company (such as litigation or regulatory fines).
In 2013, E-Commerce Keeps Powering U.S. Industrial Market Fundamentals
Positive momentum continued in U.S. industrial markets through the first quarter of 2013 as e-commerce maintained its influence on reshaping industrial distribution strategies and facilities across the U.S., according to statistics released by commercial real estate services firm Cushman & Wakefield Inc.
Retailers Shouldn't Leave Bangladesh, But Help Make Apparel Factories Safer
Bangladesh is a dangerous place to work in a factory as the Rana Plaza building collapse shows. Local health and safety regulations are so weak that last spring, even before the Rana Plaza disaster, executives at Disney decided they would no longer source toys and apparel from Bangladesh. The company felt the risk to its reputation wasn't worth the low cost of production.
We Consumers Are Responsible for Deaths of Apparel Workers in Bangladesh
The deaths of more than 600 garment workers in Bangladesh's Rana Plaza factory collapse April 24 is a tragedy that highlights widespread problems in the global apparel industry. But will it be the spark that finally leads to much-needed global reforms?
How Multi-Channel Retailing Impacts Site Selection
Two executives from industrial realty firm Jones Lang LaSalle discuss issues impacting retailer's distribution site selection decisions, including the growth of multi-channel distribution and rising transportation costs.
Why Is Maritime Industry Dragging Its Feet on Electronic Invoicing?
INTTRA recently conducted a global e-invoicing study that showed 100 percent of surveyed shippers/freight forwarders want to receive invoices electronically from their carriers, with 81 percent requesting it before the end of 2013. Yet today, most carriers still process their invoices manually, and therefore, so must their customers.
Commercial Building Automation Market Sees Growth, More SaaS Applications
A drive for cost savings and energy efficiency has brought a wave of new players and capabilities into the commercial building automation market. Rather than competing directly with the giants of the established building automation system (BAS) market, these new entrants are bringing additional managed data services to help drive greater efficiency.
'Green Tax' Index Measures How Nations Use Taxes to Influence Corporate Sustainability
Although the corporate tax director doesn't normally pow-wow each week with the head of sustainability, a new green-tax index just might encourage more talking between the two - and maybe with the CFO in on the conversation.
Supply Chain Council Creates New Framework and Training Tool
The Supply Chain Council has launched M4SC, a newly developed framework and accompanying training tool for supply-chain management.
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