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Business Strategy Alignment: Page 469

Distribution Centers Lose Nearly 3,000 Hours a Year on Unproductive Workflows, Study Says

Recent Intermec research reveals that in the last six months alone, 79 percent of warehouse managers have been tasked with finding an average 19-percent cost saving from existing operations. Despite this mounting pressure to cut costs and the need to find efficiency gains in every process, managers admit to losing time and money through known inefficient workflows.

Global Supply Chains As Competitive Weapons

In an environment of increasingly global competition, companies are depending on their supply chains to differentiate themselves in key markets, says Michael Woore, former program director of IT services with Technicolor.

Western Businesses Need More Jugaad Innovation - or Pioneer Spirit

A resilient mind-set can transform scarcity into opportunity by combining limited resources with inventiveness and a never-say-die attitude. This approach "” whether it is aimed at creating a product, service or business model "” is called jugaad innovation. Jugaad is a colloquial Hindi word that roughly translates as "an innovative fix for your business; an improvised solution born from ingenuity and cleverness."

Judging by Global Flow of Trade, Capital, Data and People, the World's Connectedness Is 'Declining'

The DHL Global Connectedness Index, a comprehensive analysis of the state of globalization around the world, concludes that the world is less globally connected today than it was in 2007. The report, drawing on over one million data points from 2005 to 2011, documents how global connectedness, measured by international flows of trade, capital, information and people, grew robustly from the report's baseline year of 2005 to 2007, and then dropped sharply at the onset of the financial crisis. Despite modest gains since 2009, global connectedness has yet to recapture its pre-crisis peak.

Consumers' Concern About Product Safety Impacts Manufacturers' Supply Chains

A survey that examines manufacturer and consumer perceptions about how products are made, sold, bought and consumed reveals a focus on quality, supply chains that are more transparent than ever but a decline in overall optimism, according to Underwriters Laboratories.

Cross-Border Supply Chain Finance Market Could Top $646Bn, Research Suggests

The cross-border supply chain finance market space for companies employing over 500 employees and which are domiciled in the UK, France and Germany is estimated to be more than â‚¬460bn, or about $646bn, according to Demica's latest research report.

Cumulative Mobile App Revenues Set to Exceed $30Bn by End of 2012

Revenues accumulated by the global mobile application market are expected to pass the $30bn milestone by the end of this year, according to new market data from ABI Research.

Improving the Supply Chain With Collaborative Logistics

Michelle Vander Meer Icon

Customer Relationships Drive Growth at Jacobson Companies

Julian Duerschmidt Icon

Renewable Fuel Standard Is Estimated to Cost Chain Restaurants Billions

The National Council of Chain Restaurants is urging repeal of the U.S. Environmental Protection Agency's Renewable Fuel Standard (RFS), claiming it is disastrously costly for the restaurant industry, commodity prices and the food supply chain. The lobbying group released a 32-page report, which can be read in its entirety at http://www.NCCR.net.

Improve Your Supply Chain Performance with Network Analytics

In today's rapidly changing market, companies are increasingly competing on the efficiency, effectiveness and agility of their supply chains. Much has been written about the agility of Apple's supply chain - a recent article in The New York Times highlighted this when they described how Apple switched from plastic to glass screen six weeks before the launch - and in that time-frame they had to find a new supplier, perfect the fabrication of samples, and get to production-level volume. In a recent Gartner survey Apple was at the top of the list in key metrics, including inventory turns (Samsung's inventory turn was 17.1, while Apple's was 74.1).

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How an Evolving China Is Affecting Global Supply Chains

China is transforming itself from a source of low-cost manufacturing for western consumers to a potentially huge market for domestic production. Ron Tarter, senior vice president and general manager of Flextronics, discusses how his company and others are adjusting to the shift.

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