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Think Tank
Food & Beverage: Page 169
Retail in 2020: What Comes After Omnichannel?
Analyst Insight: The need to enable omnichannel capabilities has driven significant capital investments and will continue to do so. We are seeing the first wave of omnichannel investments reach maturity and paying dividends. Those companies whose investments were too little or came too late are struggling. But as e-commerce growth continues, steadily carving out more of the retail sales pie, companies will need to re-evaluate their networks and make additional investments to drive competitive advantage. - Jason Denmon, retail industry leader, Fortna Inc.
U.S. Lays Groundwork to Keep Big Tariffs on Chinese Goods
The Trump administration appears poised to cement China's unfavorable status in trade cases, making Chinese goods eligible for higher U.S. tariffs well into the future.
World's Largest Container Ship Delivered
Mitsui O.S.K. Lines (MOL) has taken delivery of the world's largest container ship, MOL Triumph, from Samsung Heavy Industries.
Domino's Will Begin Using Robots to Deliver Pizzas in Europe
Starship Technologies, the London-based company that has created six-wheeled self-driving delivery robots, will begin taking customers Domino's pizzas in Germany and the Netherlands.
Foreign Robots Invade American Factory Floors
Vickers Engineering Inc. embodies the potential of American manufacturing. The New Troy, Mich., machining company supplies precision parts to clients including Toyota Motor Corp. and Volkswagen AG , and exports to Mexico and Canada. Its staff has risen fivefold and average pay has doubled over the past decade, says Chief Executive Matt Tyler.
For Tech Industry, IoT Is Changing the Landscape
Analyst Insight: Relatively flat growth over the past several years coupled with margin erosion and heavy M&A activity in the industry has companies looking to the their supply chains for greater efficiencies. Long-tail SKUs and accelerated obsolescence cycles are clogging storage capacity that is needed for expansion of new lines, categories and products to deliver "one-stop shopping" for customers and competitive advantage for distributors. The next competitive edge will come, not from step change, but from transformational projects that deliver unprecedented efficiency and agility. - Chris Mehl, electronics industry leader, Fortna Inc.
Amazon to Collect Sales Tax in Most States Starting April 1
After more than two decades of bad blood and legal wrangling between states and the online giant, Amazon will collect sales tax in all states that have such a levy. Collection in Hawaii, Idaho, Maine, and New Mexico, the final four states where shoppers don't pay required tax through the site, will begin on April 1st.
Smart Tools: How Machine Connectedness Will Grow by 2020
Analyst Insight: Internet of Things (IoT) and smart product resellers connect industry networks to the customer. They offer service in addition to supply, and are familiar with product demonstrations, try-before-you-buy deals, how to handle product version changeovers, and many more practicalities of doing business. By 2020, these resellers will need new tools to simplify the buying process because they will be selling to the majority, not just to early adopters. - Peter Thorne, director, Cambashi Ltd.
NFC Brings Contests, Content to Limited Jameson Whiskey Bottles
Jameson Irish Whiskey celebrated St. Patrick's Day with a near field communication (NFC)-enabled system to provide consumer engagement with each of its limited-edition bottles. The whiskey brand, owned by global beverage firm Pernod Ricard, has launched its Limited Edition Bottle 2017, with technology to enable consumers to connect with content about the company and its product, and to be included in a drawing for several prizes specific to Ireland.
Nestlé and Mars Act on Pet Food Supply Chain Abuses
Nestlé and Mars have pledged to take steps to ensure their pet food supply chains are free of human rights abuses and illegally caught seafood, according to Greenpeace.
U.K. Food Lobby Calls for Tariff-Free Post-Brexit Trade With E.U.
Industry bodies representing the U.K. food supply chain have called on the government to seek a tariff-free trade agreement with the European Union during coming Brexit negotiations.
How Food Delivery Apps Have Changed the Game for Restaurants
A year ago Mendocino Farms didn't offer delivery at any of its 15 Southern California locations. Now Ellen Chen, co-founder of the artisanal sandwich chain, is knocking down restaurant walls to make room for delivery drivers.
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