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Global Supply Chain Management: Page 576

Supply Chains Are Only as Sustainable as Their Worst Supplier Participants

The road to creating user-friendly, science-backed, technology-enabled supply chains is paved with good sustainability intentions that get foiled by today's dynamic, global complexities. Achieving sustainability of scale requires involvement of the entire supply chain. To meet the needs of customers and markets, manufacturers need up-to-date and accurate information about their suppliers' materials and components.

Number of Businesses Reporting Million-dollar Supply Chain Disruptions Rises

Nearly a quarter of respondents to a survey claimed their organisation had suffered losses of at least €1m ($1.25m) during the previous 12 months (up from 15 percent last year) as a result of supply chain disruptions, according to a report from the Business Continuity Institute. Slightly more than 13 percent suffered a one-time disruption that cost in excess of €1m (up from 9 percent last year). The study also showed that 40 percent of respondents claimed their organisation was not insured against any of these losses while 20 percent were only insured against half of these losses.

Overall Global Retailing Sales Predicted to Reach $19.6Tr by 2019

By 2019, retail sales from all channels are expected to hit $19.6tr, according to market research company Euromonitor International, and beginning five years from now as much as a third of new retail sales will come from China.

Revenue Growth 11

Your Next Perfect Employee or Job Is Waiting

SupplyChainBrain and JobsInLogistics have joined forces in 2014 for the specialized purpose of:

Job Board 2014 40

The Cloud Really Helps Get All Trading Partners' Systems Aligned. Right?

In the world of supply chains, signing on a new partner or trading partner has typically marked the beginning of a marathon. Whether by electronic data interchange, EDIFACT, cXML, ebXML, value added networks, portals or the rest of the alphabet soup of connectivity approaches, a great deal of time and effort is required to get trading partners’ systems aligned - even if trading hubs are involved. Every company has a different system, and different processes for getting things done. For a company with thousands of trading partners, imagine how much in resources it gobbles up just to manage and keep every partnership aligned. Of course, cloud changes all that right?

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Can Square - the Mobile Credit Card Reader System - Fend Off Its Many, Many Competitors?

Four years ago, when its little card reader attachments for phones and tablets began to show up in cabs and at farmers' markets, Square was one of the coolest, most innovative companies in Silicon Valley. That's over.

Gaining Perspective on 'New Industrial Revolution'

Few economic entities have been grabbing as many headlines in recent years as the factory. Increasingly human-like robots, self-replicating 3D printers, and software programs that are directing complex supply chains have all been in the news. Reactions have been varied, with some worrying about employment implications and others sensing the possibility of a new era of U.S. industrial might.

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The Need Increases to Alter Your Supply Chain Talent Strategy

There is no disputing that talent is a top challenge for companies worldwide. In PwC's 2014 CEO Survey, 93 percent of participants said they recognize the need to change their strategies for talent, but 61 percent acknowledged that they haven't yet taken the first step. The challenge is especially acute in supply chain operations, which is facing a talent shortage - despite an increasing number of undergraduate majors, MBA concentrations and entire programs in supply chain management.

Millennials Found to Be Confident in Use, Security of Mobile Payment Technology

Research reveals vast age differences in U.S. consumers' attitudes toward mobile payments, with Generations Y and Z - often referred to as Millennials - twice as likely to view them as faster, easier or more efficient than other types of transactions. These younger consumers also show more confidence in the security of mobile payments - although Generations Y and X are actually more concerned than Baby Boomers about the possibility of a personal information breach via mobile payments.

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Customer Service at Lowe's? Robots That Roam the Aisles.

The robots are coming. Lowe's is testing whether new "bots on wheels" can improve its customer service, like helping a shopper find a match for something as simple as a nail. Four robots are being tested an Orchard Supply Hardware store owned by Lowe's Companies Inc. in San Jose, Calif.

Are High Taxes Causing American Business to Sour on France?

Competition for job-creating foreign direct investment (FDI) is brutal these days in the European Union. Although it used to be the world's biggest recipient of FDI, its global share has now fallen from almost 29 percent in 2011 to 17 percent in 2013, according to UNCTAD. With European investment subdued, banks reining in lending and economies struggling to grow, foreigners with fat wallets are more than usually needed. Even France has engaged this year in a charm offensive to lure them in. So a recent study suggesting that only 12 percent of American companies with operations in France rate it positively as an investment destination is ruffling feathers.

Taxes 1

Chemicals Market Could See Trillion-dollar Sales by 2018

After battling strong headwinds in 2013, chemical stocks have begun to bounce back this year driven in large part by the surging shale energy boom and a booming North American market. While any downturn in the economy could weigh on this cyclical sector, market dynamics and management strategies look poised to reward investors with performance gains and respectable dividend yields.

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