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Think Tank
Food & Beverage: Page 131
From Algae to Yeast: The Quest to Find an Alternative to Palm Oil
When green cleaning company Ecover announced the launch of a new laundry liquid containing an oil made from algae, as an alternative to the palm oil used in most detergents, it wasn’t prepared for the backlash.
How Merck Is Building an End-to-End Supply Chain
There's no question pharmaceutical supply chains are complicated. Add industry and government regulations — topped with geographical complexities — and it's become more challenging than ever for multinational companies to get beyond node-to-node planning.
After Years of Falling Prices, 2017 Marked an Explosion for Natural Gas
Because of the increasing emphasis on cheaper and cleaner energy sources, natural gas has become one of the most important commodities for the U.S. economy. The incredible boom in production has led natural gas prices to decline dramatically during the past three years. However, 2017 was a pivotal year, as prices finally recovered in response to strengthening global demand. -Connor DiGregorio, Research Analyst, IBISWorld Inc.
Why Red Bull Changed Its Travel Buying Strategy
Travel buyers should start talking to their travel management companies (TMCs) now about how changes to flight booking technologies could impact them, Red Bull’s head of procurement has said.
Introducing a Cryptocurrency for the Food Supply Chain
And so the cryptocurrency mania continues, in yet another form.
Come for the Food, Stay to Buy Clothes? To Attract Shoppers, More Retailers Add Restaurants to Their Stores
Retailer Mark Werts was dining in a Hong Kong restaurant a few years ago when he noticed most people were doing more than chewing.
Will Advanced Analytics Leveraging Digital Technology Be An Extinction Event?
With the emergence of new digital technologies such as Mobility, Big Data, Internet of Things, Cloud, Business Intelligence/AI, Machine Learning, etc., new and more abundant sources of data are available to improve supply chain planning and execution. Advancing in analytic maturity is the most significant competitive lever in the history of business. Why? Time. Advancing in analytics maturity takes time that many companies aren’t able to make up in a market race. -Rich Sherman, Senior Fellow, Supply Chain Centre of Excellence, Tata Consultancy Services
Innovations in Last-Mile Delivery
Opinion: Smaller Manufacturers Can’t Afford to Dismiss the IIoT
Almost four of every five manufacturers and distributors still have no plans to implement IIoT technologies. They’re making a mistake.
Innovative Products Redefine Transportation, But They Require New Processes and Efficiencies
The automotive industry is on the brink of change with technology driving the shift, shaped by consumer demand, government regulations and environmental pressures. The rise of autonomous cars, electric vehicles and connected automobiles has forced suppliers to produce more high-tech, expensive parts. Businesses that supply these parts, along with the automakers themselves will need to find ways to keep costs down by improving their manufacturing and distribution operations. -Brian C. Neuwirth, VP of Sales and Marketing, UNEX Manufacturing
Survival Strategies for Brands and Traditional Retailers
This just in: People are still shopping in physical stores.
Human Rights Abuse Persists in Thai Fishing Industry
Forced labor and other rights abuses are widespread in Thailand’s fishing fleets despite government commitments to comprehensive reforms, which in some cases have made the situation worse, Human Rights Watch said in a report released last week.
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