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Global Supply Chain Management: Page 496

Despite Record E-Commerce Sales, 69 Percent of Online Shopping Carts Abandoned

Although e-commerce sales accounted for more than $340bn in 2015, a recent Baymard Institute study revealed that about 69 percent of online shopping carts were still left abandoned. Why so many unfulfilled digital sales?

Following Holiday Sales Downturn, Macy's Plans to Shut 40 Stores

After a disappointing holiday season, Macy's Inc. said Wednesday that it planned to cut about 4,800 jobs and close 40 stores as part of efforts to slash costs.

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Working Without a Net: Emerging Market Compliance

Surging growth in emerging markets and constantly changing international trade regulations are testing the ability of aviation and defense companies to manage compliance on a global scale.

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Collaboration Between Procurement, Logistics Not Practiced at Many Companies, Study Shows

While there has been much talk over the past 10 years or so about "collaboration," much of it has been focused on external supply chain collaboration. It seems that many companies neglected to get their own houses in order before looking outside their own supply chains, according to a University of Tennessee report entitled Bending the Chain: The Surprising Challenge of Integrating Purchasing and Logistics.

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China Slowing Down? Its Consumer Economy to Grow 50 Percent By 2020.

For roughly three decades, China's booming economy has offered consumer product companies some of the world's greatest growth opportunities. China's economic slowdown and jittery markets have raised worries that this growth story is drawing to a close. In early November 2015, for example, the government lowered its official five-year annual GDP growth target to 6.5 percent, the slowest pace since the 2008–2009 global financial crisis.

Much of Electrical Distribution Industry Still Not Selling Online

Business-to-business e-commerce is on a tear and set to grow even more over the next few years. Are industrial distributors keeping pace or falling behind?

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Indoor Environmental Air Quality Products Market to Top $7Bn By 2024, Report Says

The market for indoor environmental and air quality (IEAQ) technologies used in new construction and retrofit applications is expected to grow from $4.2bn in 2015 to $7.1bn by 2024, according to a Navigant Research report.

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US Manufacturer Realizes $1.5M Savings after Implementing Enterprise Labeling Solution

Challenge: The leading global manufacturer of advanced plasma, laser and water jet-cutting systems with worldwide operations and partners, experienced significant growth. Due to this growth, their existing label printing system presented considerable risks to operations. Their system was prone to breaking, ultimately causing significant downtime, with five to ten hours of troubleshooting each week. All of this resulted in customer dissatisfaction, brand integrity issues, and lost revenues, equaling $25,000 – $100,000 worth of productivity each week.

British Freight Forwarders Expected to Continue to See Major Challenges in 2016

The British International Freight Association (BIFA), the trade association for UK freight forwarders, says that 2016 will see its members continuing to face numerous challenges, with some the result of legislative changes and government policy, rather than economic issues.

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Tech, Environment, Cybersecurity Among Major Issues Facing Boards in 2016

Organizations are faced with many critical challenges - including rapidly changing technology, environmental risks, regulatory and legal requirements, major shifts in markets, ethical breaches, and big data and cybersecurity issues - that threaten their long-term success and sustainability.

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QuestaWeb's Technology Solves Complex Automation Challenges of a Dual-Purpose FTZ

Challenge: A fragrance and flavor company wanted to create one foreign trade zone in which it could perform both distribution and manufacturing functions. Due to its many product formulations - and ingredients coming from both U.S. and international sources - tracking inventory was quite complex. Some incoming ingredients were never used in manufacturing and sold in their raw state.

How Intel Became 'A Supply Chain to Admire'

Even the most dominant companies in the world need to take a look in the mirror now and then.

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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