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Think Tank
Business Strategy Alignment: Page 478
Improving Your Approach to System Improvement Is Key to Success
System improvement is much more than problem solving. It is dual-staged, having two dependent parts that must be handled with the same enthusiasm to ensure success. The first segment is concerned with problem identification and solution finding, while the second segment deals with realizing a corrective action.
There's Money for Retailers in International Shipping, But You Have to Know What You're Doing
U.S.-based retailers looking to get into international shipping should expect to see an increase in revenue, according to Craig Turnbull, CEO of Bongo International, just as long as they understand the market, the shipping industry and the needs of their customers. "There is an opportunity to increase revenue from 3 percent to 10 percent," Turnbull said.
How Much More 'Blood' Can Wal-Mart Squeeze from Its Supplier Base?
Wal-Mart has long had what is virtually beyond question the largest retail supply chain, as measured by number of suppliers, global reach, volume of material, and overall spend on supplier goods. Wal-Mart also has been touted as an innovator in supply-chain management, but it's more accurate to say it uses its sheer size and market power to manipulate the supply chain.
Surge in Exports, Job Growth Predicted for U.S. in Coming Years
U.S. manufactured exports are expected to surge even more strongly in the coming years, according to research from The Boston Consulting Group, and - along with manufacturing jobs created from reshoring - may add 2.5 million to 5 million jobs by 2020.
U.S. Experiences Innovation Deficit, Book Claims
It is not surprising that Americans regard their country as an innovation goliath. The world's brightest scientists compete to study at its universities, its feistiest entrepreneurs dream of moving to Silicon Valley and its savviest consumers buy its iPads and software programs. Yet America's innovation advantage is fading rapidly; indeed, in a growing number of areas it has already turned into an innovation deficit.
We're Not at the Point of a Lack of Skilled Manufacturing Workers, Report Says
A shortage of skilled manufacturing labor is on the way, says a new study by Boston Consulting Group. But, says the firm, it hasn't arrived yet.
RFID Help Norwegian Company Manage Recycling of Plastic Bottles, Aluminum Cans
Norsk Resirk, a nonprofit Norwegian company that processes discarded plastic bottles and aluminum cans, has completed the first phase of a plan to utilize passive ultrahigh-frequency (UHF) RFID tags and readers to improve its management of recyclable materials.
Corporate Sustainability on the rise, But Key Stakeholders Remain Skeptical
Corporations that have pushed hard this last year to improve their performance in sustainability may now face a new challenge - a growing skepticism among professional investors, supply chain officials and recent higher education graduates. Such are the results of the 2012 Sustainability Leadership Report, now in its second year, which analyzes real vs. perceived sustainability performance for 100 leading global brands that collectively represent 16 percent of the world's economic output.
Redesigning DCs for the All-Channel Shopper
Clint Lasher, president of Wynright, talks about how electronic fulfillment is changing to meet the needs of today's multi-channel consumers, and how retailers should be redesigning distribution centers to accommodate them.
Online Hopping This Holiday Season Predicted to Top Last Year's Sales
Online shoppers in the U.S. will spend $54.47bn this holiday season - nearly a 17-percent increase over the $46.63bn spent last year, according to the 2012 Mindset of a Multichannel Shopper survey.
Walmart Aggressively Goes After Online Sales
Walmart created its global e-commerce group two years ago, and the company's online revenues now total $9bn. But the retailer clearly sees room for growth.
So Many Retailers Still Operate with Outmoded Technology
A victim mentality seems to be sweeping through the retail industry. Every day, good retail organizations make horrible decisions (or, in some cases, do not make a decision) that even they know will have a long-term negative impact on their business.
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