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Think Tank
Consumer Packaged Goods: Page 260
Supply Chain Risk Management: The New Discipline of Supply Chain Excellence
Analyst Insight: After traveling around the globe for the last three years, talking about supply chain risk management, facilitating workshops, educating companies and developing a graduate level class covering the subject, I'm thoroughly convinced this new concept is becoming the new discipline of supply chain excellence. So much so that APICS, the premier society for Operations Management professionals, has developed a first-of-its-kind certificate in supply chain risk management to help identify, assess, mitigate and manage risk. - Gregory L. Schlegel, Adjunct Professor, Supply Chain Risk Management, Lehigh University, Graduate Program
Manufacturers Said to Be Upbeat This Year About Making IT Investments, Expanding Supplier Bases
This year is expected to be one of growth, with many product development companies looking to make new technology investments and expand their supplier base, according to a survey of 8,840 sourcing professionals by MFG.com, an online manufacturing marketplace.
Closing the Supply Chain Door After the Horse Has Bolted
Recent issues in the European food supply have resulted in supply chains making the news for all the wrong reasons. Consumers have been shocked at revelations that products labeled as beef also contained significant quantities of horsemeat, up to 100 percent in some cases. More than a month after the Food Safety Authority in Ireland published its findings of traces of horse DNA in burgers, we are still seeing daily announcements of new product withdrawals by retailers across Europe.
Walmart Fights Logistical Problem of Keeping Shelves Stocked
Walmart, already struggling to woo shoppers constrained by higher taxes, is "getting worse" at keeping shelves stocked, the retailer's U.S. chief told executives, according to minutes of an officers' meeting obtained by Bloomberg News.
Greater Adoption of Standards Needed in Consumer Goods, Retail Industries, Report Finds
Wider adoption of standards is key to supply chain efficiency and meeting new consumer needs, according to a report entitled The Future of Standards in the Consumer Goods & Retail Industry: Cut Costs and Meet New Consumer Needs. The authors call on the industry to introduce simplified programs to help users embrace and deploy standards while enabling provision of standardized product data to consumers.
Keys to Fulfilling Multiple Channels From a Common DC
Jason Denmon, apparel industry executive with Fortna, offers advice on how companies can utilize a common distribution center for servicing multiple brands or channels - and why it's so tough to get it right.
Is China the Next Rust Belt? Not So Fast.
According to a growing number of media and analyst reports, China's days as the world's largest manufacturing nation are already numbered - only two years after ending the United States' 110-year reign. This conclusion has left Chinese business leaders understandably concerned.
Anti-Counterfeiting Technologies - Authenticating the Global Supply Chain
Counterfeit products are becoming ever more prominent across a number of industry sectors. This is especially the case where, for the criminals involved, the returns are great. High-volume industries, such as tobacco and manufacturing components, and high unit-price industries, such as perfume and cosmetics, are widely targeted by counterfeiters. According to statistics published by the U.S. Department of Homeland Security, handbags and wallets accounted for 40 percent of all seizures during the fiscal year for 2012.
Legacy Supply Chain Services Acquires Vitran SCO
Legacy Supply Chain Services has acquired Vitran Corporation Inc.'s Supply Chain Operation (Vitran SCO).
Are Retail Channels So Merged That Categorizing Where Sales Take Place Isn't Meaningful?
Arguing that "the line between stores and the internet is blurring so much," Macy's has become the first major publicly held retailer to stop reporting its e-commerce stats.
Smaller But More Frequent Retail Orders
E-Commerce Has Explosive Impact on Food & Beverage Industry
Analyst Insight: The food and beverage industry will see many changes this year. To stay ahead of the curve, food retailers will have to understand that the environment is changing and innovate toward a more flexible omnichannel supply chain. - Tim Pyne, Vice President of Retail, Consumer & Food, Tompkins International
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