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Think Tank
Global Supply Chain Management: Page 521
Digital Creates Pressures and Opportunities for Change Management
Change management as it is traditionally applied is outdated. We know, for example, that 70 percent of change programs fail to achieve their goals, largely due to employee resistance and lack of management support. We also know that when people are truly invested in change it is 30 percent more likely to stick.
Manufacturers' Battle Against Counterfeit Brands Is Costly, Ongoing Endeavor
The grand golden doors of 500 Pearl Street, in Manhattan, have welcomed such glamorous names as Hermès, Tiffany & Co., and Kering, a French conglomerate whose treasures include Gucci and Bottega Veneta. The building is not a posh hotel or department store. It is the federal court for the Southern District of New York, a favored battleground for the decidedly unglamorous war against counterfeit goods.
Plan Developed to Improve Retail Promotion Planning, Evaluation and Execution
Brick-and-mortar retailers - including supermarkets, discounters, drugstores and mass merchandisers - rely heavily on promotions, which typically account for 10 to 45 percent of their total revenues. Although promotions are a powerful instrument for increasing sales and margin, they are also difficult to use effectively.
Renewed Growth in Technology Hardware Manufacturing Linked to Wearables, Internet of Things
CIOs attribute the recent resurgence of hardware manufacturing to the popularity of wearables and the Internet of Things, according to a survey released by Riverwood Solutions, a supply chain services and operations consulting firm.
Debt Crisis Disrupts Supply Chain of Importers of Greek Products
Ted Diamantis, an importer of Greek wines who is based in Chicago, has been helping his suppliers stock up on bottles, labels and printing ink. The barrels, though, have him worried.
Reports Put Spotlight on Supply Chain Sustainability Efforts, Opportunities
Eliminating supply chain risk is the primary driver for sustainability initiatives and industry collaboration is the biggest opportunity according to a recent report published by Ethical Corporation titled "Sustainable Supply Chain Trends 2015." The report features insight from 415 CSR and supply chain professionals primarily based in Europe, North America and Asia Pacific.
Supply Chain Excels at Many Things - But Not in Managing Working Capital
Many companies have become adept at using supply-chain management to increase their competitiveness, yet the function remains under-utilized in one vital area: working capital management.
Offshoring Has Lost Its Luster
Reshoring is delivering wide-ranging benefits for an increasing number of U.S. manufacturers, who see it as a way to maintain (or regain) global competitiveness. According to the Reshoring Initiative, in 2003 about 140,000 jobs were lost to offshoring. In 2014, for the first time in two decades, the U.S. realized a net gain of 10,000 reshored jobs.
Manufacturing and Conflict Minerals
Tin, tungsten, tantalum and gold, also known as 3TG, are essential for manufacturing in a number industries, including electronics, jewelry, industrial manufacturing, automotive and aerospace.
Industrial Biomanufacturing Moves Forward With Fits and Starts
Hope and expectation surround the chemical industry's increasing adoption of biotechnological manufacturing - but today, their lengthy development times and complex processes mean frustration is a major byproduct.
Will Hacking Put Brakes on Use of Internet-connected Cars?
When two technology researchers said they had wirelessly hacked a Jeep Cherokee through its internet-connected system, taking control of the engine, brakes and even steering under certain conditions, automakers scrambled to reassure customers that security was a top priority.
How Do You Actually Collect Taxes From Online Retail Sales?
A recent favorable opinion by U.S. Supreme Court Justice Anthony Kennedy plus increased action in Congress have made it more likely than it has been in 50 years that out-of-state retailers will be forced to collect sales taxes in states where they don't have a physical presence. Half a century ago, of course, the volume generated by such sellers, who did their business via catalogs and snail mail, was tiny compared to the sales spawned by the rise of the internet.
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