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Quality & Metrics: Page 204

Demand Sensing Reduces Forecast Error as Supply Chains Become More Complex, Study Shows

North American supply chains became more complex in 2012 as the economy continued to recover. Rapid innovation, higher seasonal sales and increased reliance on promotions contributed to make forecasting more challenging. These and other findings are contained in the Terra Technology Forecasting Benchmark Study, now in its fourth year.

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Extended Product Attribute Guidelines Introduced for Retail Industry E-commerce

New implementation guidelines for leveraging GS1 standards in apparel and general merchandise ecommerce have been released by GS1 US. The Voluntary Guidelines for Exchanging Extended Attributes for eCommerce were developed in collaboration with more than 15 retailers, vendors and solution providers participating in the GS1 US Apparel and General Merchandise Initiative and are available at www.gs1us.org/eCommerceExtendedAttributes.

Your Loading Dock Is Indispensable, But The Reality Is That It Can Be Dangerous

Looking at safety statistics, it's easy to conclude that the loading dock is one of the most hazardous areas of your operations. A quarter of all accidents occur there. The majority of these accidents result in the dreaded back injury that, according to OHSA, ultimately ends up costing U.S. companies upwards of $80bn dollars annually.

Reusing Packaging Brings Efficiency to the Supply Chain

Looking for a way to make your supply chain more efficient? You might want to consider reusable packaging.

FDA Steps Up Regulations on Pet Food, Animal Feed Production

The Food and Drug Administration proposed rules on Friday that would govern the production of pet food and farm animal feed for the first time. The regulation would help prevent food-borne illness in both animals and people, officials at the agency said, as people can become sick from handling contaminated animal food and from touching pets that have eaten it.

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SKU Proliferation: Is There a Cure for the Disease?

Retail marketers love complexity. The more variations of a product they can sell, the happier they are. How else can they command all that shelf real estate in big-box stores? How else can they promote innovation? And how else can they drive their supply-chain managers crazy?

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Target President Says 'Showrooming' Is a Fact of Retail Life, Find Way to Make It Work for You

As a Target "beauty concierge," young Chelsea Mathison prowls the cosmetic aisles at the retailer's Nicollet Mall store, sweetly asking shoppers if they need beauty tips and recommendations. The pixieish clerk seems an unlikely front-line warrior in the Minneapolis-based retailer's effort to embrace showrooming -- where consumers fiddle with products in stores, only to surf their smartphones to see if they can buy the items cheaper somewhere else.

Robust Growth Seen in Market for Machine-to-Machine Analytics

ABI Research forecasts that the M2M analytics industry will grow a robust 53.1% over the next 5 years from $1.9bn in 2013 to $14.3bn in 2018. The forecast includes revenue segmentation for the five components that together enable analytics to be used in M2M services: data integration, data storage, core analytics, data presentation, and associated professional services.

Ethnographic Studies Lead to New-Product Successes

Many a company has a "customer first" approach, and improvement methodologies such as Lean and Six Sigma start with the "voice of the customer". So what is the point in trying to solve modern-day business problems with ethnography methods that many people still exclusively associate with anthropology?

There Is 'Sense of Optimism' About U.S. Manufacturing, Study Suggests

Improvement in a number of indexes suggest optimism for the manufacturing sector in the coming three to six months, according to the quarterly MAPI Business Outlook.

Most Companies 'Flying Blind' Without Timely Access to Info on Global Customers, Suppliers, Forecasts or Finances

While many large companies are aggressively pursuing globalization of their products and brands, the large majority are flying blind, without the ability to truly see what is happening globally or make adjustments, according to new research from The Hackett Group Inc.

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Comdata Launches New Release of FleetAdvance Software

Comdata Inc. has launched Release Two of FleetAdvance, a software application for truck fleet management.

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