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Think Tank
Quality & Metrics: Page 158
Four Factors Drive 50 'Most Innovative' Companies
Innovation continues to rise in importance. In The Boston Consulting Group's tenth annual global survey of the state of innovation, 79 percent of respondents ranked innovation as either the top-most priority or a top-three priority at their company, the highest percentage since we began asking the question in 2005, when 66 percent said innovation was their top or among their three top priorities.
Covectra Issues Serialization System for Infant Formula Protection
Covectra, a provider of technology for product serialization, authentication and tracking and tracing, has launched a new system for protecting infant formula from counterfeiting.
How Ethical, Sustainable Supply Chains Lead to Competitive Advantage
Operating ethically and operating profitably are no longer mutually exclusive concepts. Leading companies are "walking the walk," balancing the goal of achieving profitability with gaining social and environmental advantages.
36 Percent of E-Commerce Sales Lost Due to Poor Checkout Performance?
Twenty years after the launch of the commercial internet, most merchants still fail to optimize the online checkout experience for the customers who visit their virtual storefronts. The result is that they stand to lose as much as 36 percent of sales due to the frictions that remain from discovery through checkout. Merchants could lose additional sales during payment processing.
Big Data Comes to Supply Chain, But It Has to Be Employed Properly
Early uses of big data were concentrated in two areas: customer segmentation/marketing effectiveness, and financial services, particularly in trading. Recently, supply chain has become the "next big thing."
Green America Creates Center for Sustainability Solutions
Green America, an organization promoting sustainable economic activities, has created a Center for Sustainability Solutions.
Retailers' Profits Take Hit as More Drop Prices for Holiday Shopping
Retailers are selling about 21 percent fewer items at full price this year compared to 2014, according to findings in DynamicAction's Holiday Retail Index.
Regular Supply Chain Audits Recommended, But Value of Some Assessments May Be Questionable
As a company's supply chain grows, so does its exposure to risk. Experts recommend that companies periodically audit their supply chains to identify vulnerable links, but the value that such audits actually deliver is up for debate, for a variety of reasons.
Sanitary Food Transportation Act Could Shake Up Cold Chain Industry
Proposed regulations mandated by the Sanitary Food Transportation Act and the Food Safety Modernization Act hold powerful implications for the future of the cold chain industry. The business environment is shifting, and the proposed rule is just one piece of this changing landscape, as the industry experiences an overall increase in regulations, customer-required audits and augmented public pressure from food recalls.
Amber Road Achieves ISO 9001:2008 Recertification
Amber Road, a provider of global trade management (GTM) software, has achieved ISO 9001:2008 recertification for its proprietary process for collecting, translating, interpreting and updating country-specific trade regulations.
Inspection Data Systems Offers Reporting Tools for Fleet Inspections
Inspection Data Systems (IDS) has launched a series of enhanced reporting tools for its mobile inspection and cloud-based applications for truck fleets.
How to Motivate Your Supplier to Enforce Human Rights
Corporations pay lip service to enforcing human rights and fair working conditions in offshore factories. But the deaths and injuries continue.
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