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Global Supply Chain Management: Page 783
Failure to Integrate Companies Properly and Timely Sinks Many Mergers
Acquisitions are a vital component of growth for many businesses. Yet a high proportion of deals fail to deliver value. Why? A common reason is that, because of time pressures and complexity, many companies struggle to integrate fully after the deal. Synergy targets that were so enticing in the run-up to the deal melt away under the realities of meshing two often very different organizations in a short time.
Economic Forecast by CFOs, Accountants Shows Pessimistic Outlook for Global Growth
The world's CEOs, CFOs and senior management accountants have an increasingly negative outlook for the global economy over the next 12 months, according to the CGMA Global Economic Forecast released today by the American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA). The quarterly forecast polled 600 management accountants from more than 60 countries on global and domestic economic conditions and the outlook for their organizations.
Mimicking Apple, Best Buy Re-Tools Its Retail Strategy
Good artists copy, but does the saying apply to retailers too? Best Buy hopes so, as it's converting 60 of its locations into Apple Store lookalikes, according to a new report.
Aerospace Supply Chain Faces Harsh Reality of Having to Deliver Huge Backlog of Orders
Following a boom in commercial aircraft orders in 2011, a year which saw the successful launch of the Airbus A320 NEO and the Boeing 737 MAX, the aerospace industry is now faced with having to deliver a huge backlog. According to a study of the aerospace and defense industry released by global business advisory firm AlixPartners, the industry must increase production rates by 45 percent in volume by 2015 if it is to meet demand, representing the industry's biggest challenge in the coming years.
Mobile Device Hardware Security Market Will Be Valued at $1.9Bn in 2017
Security has always been one of the forefront considerations within the mobile device industry. BlackBerry maker Research in Motion, for example, gained the attention of Wall Street bankers because of the financial industry's need for high levels of data protection and security, along with the convenience of mobile use. A lot of talk in the mobile industry focuses around software security through detection and preventative applications; however, very little seems to be said on embedded mobile device hardware security.
Japanese Ministry Retains Accenture to Study Safety, Resilience of Nation's Food Supply Chain
Accenture has announced a management consulting contract with Japan's Ministry of Agriculture, Forestry and Fisheries for a project to improve food supply capabilities in natural disasters and emergencies.
Surface Transportation Bill Passes. Where Do We Go From Here?
Give Congress credit for finally coming to agreement on a new surface transportation bill, after months of acrimonious debate and nine extensions of the old funding law, known as SAFETY-LU. The fact that the Senate and House of Representatives could agree on anything at all is, I suppose, reason to applaud, especially given the toxic atmosphere that chokes the political scene today. And this new measure is something more than a "kick-the-can-down-the-road" effort, given that it maintains current highway funding levels until September 2014.
How Procurement Innovation Can Drive Productivity Gains
Innovation is required if the U.S. is to regain the level of productivity that it enjoyed toward the end of the 19th Century through the mid-20th Century. However, innovation by itself is not enough. Just as our parents and grandparents adopted electricity, the automobile, credit cards and airplanes in the period from 1870-1950, businesses and organizations of the 21st Century must embrace change.
Non-Asset-Based 3PLs & C-TPAT Certification
This past month, non-asset-based third-party logistics companies took a big leap forward in their fight to join the Customs-Trade Partnership Against Terrorism (C-TPAT), one of our nation's leading supply chain security programs. The Department of Homeland Security approved port security legislation that includes creating a pilot program for non-asset-based 3PLs to participate in C-TPAT. The pilot program will give entry to C-TPAT to five 3PLs for one year.
Chief Finance Execs Begin to See Value in Sustainability Initiatives
Before Jeff Piccolomini joined Henkel Corp. in 1997, he was dubious about corporate efforts to address environmental concerns - a "typical skeptical CFO," as he puts it. A CPA by training and a longtime finance executive, Piccolomini wasn't accustomed to dealing with the kind of green goals that the German-owned personal-care company had set in motion, such as reducing carbon emissions.
Tipping Point Analysis: A Surefire Way to Get Your Project Approved
3PL Engagement - A Supplier's View
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