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Think Tank
Consumer Packaged Goods: Page 157
It's No Game: For Some Retailers, Virtual Reality Is Serious Business
The next thing you try on at the mall might be a virtual reality headset. No longer relegated to video gamers, VR is coming to amusement parks, movie theaters and classrooms. But the technology presents a major opportunity for retailers as they try to lure fickle shoppers into their stores, particularly as consumers shift more of their buying habits online.
Demand Planning
Unlocking Productivity in R&D in Pharmaceutical Industry
During the long downturn in R&D productivity, a handful of biopharmaceutical companies have consistently bucked the trend. How did they manage it? After all, they have experienced the same industry pressures as their peers - pressures such as lengthier R&D cycle times, higher costs of failure, and sharper regulatory scrutiny.
Asian Manufacturer Cuts Costs, Increases Transaction Efficiency Through Cloud-Based Platform
Challenge: An Asia-based manufacturer of sports shoes struggled with manual handling of buyers' PO requests, invoicing, and packing lists. Vast amounts of data were stored on cumbersome Excel spreadsheets. It resulted in a heavy workload, inefficiency, and frequent errors.
Three Ways That Technology Is Changing the Face of Retail
An annual study of consumer attitudes toward online retailing technology zeroes in on the growing acceptance of delivery drones, mobile payments and virtual reality.
Shotfarm Releases Enhancements for Workflow Management
Shotfarm, vendor of a cloud-based application for managing and exchanging product information, has released a pair of enhancements to its user apps, the Dashboard and Plugin Store.
In Electronics Industry, IoT Quickly Losing Status as Buzzword
As much as IoT is the buzzword of consumer electronics, it will quickly become a critical part of the electronics supply chain as companies use sensors to maximize efficiency of various business tasks and integrate that information into a strategic advantage.
Have Oil, Gas Companies Done Enough to Guard Against Cybersecurity Risk?
Across industries, companies have been intensifying their focus on cybersecurity. This is a direct consequence of the expanding role that digitization is playing in their business and operating models and the demonstrated potential for significant damage resulting from a successful cyberattack.
Dematic Issues Automated Systems for Retailers, Wholesalers
Dematic has developed new distribution and order-fulfillment systems for retailers and wholesalers of general merchandise.
CPG Companies Keep Plowing Money Into Promotions, But Research Questions the Benefit
As the U.S. economy continues to improve, consumer confidence has been on the rise, which would typically indicate growth for consumer packaged goods manufacturers as well. However, according to a new Hot Topic Report from Acosta, a sales and marketing agency in the CPG industry, unit sales are flat across most categories, and trade promotions continue to decline as a key factor in driving incremental volume. This decline leads to more unprofitable sales for manufacturers. Despite this, CPG manufacturers continue to allocate an average of 15 percent to 20 percent of gross sales to trade promotion.
Capital Equipment for Semiconductor Industry May See Slower Growth
The midterm outlook for the capital-equipment industry is positive, but companies need to prepare for the slowdown of Moore's law.
'Digital Thread' Collects Data From Product Design to Obsolescence
Let's say you're about to design a brand new product. You have a lot of work ahead of you. You need to define the specs, create the design, source suppliers, check in with experts in legal and in safety, set up a testing procedure, do trial runs. Then the product will go into mass production, require a warranty, be put into actual use.
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