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Think Tank
Food & Beverage: Page 329
Getting the Most Out of Your Chief Supply Chain Officer (Regardless of His or Her Title)
The chief supply chain officer has emerged as a vital partner in the most strategic aspects of managing complex, global companies. In years past, the procurement function (the sourcing of essential products and services on the best possible terms) occupied center stage. But more recently, the relentless focus on driving out costs has taken a backseat to such issues as supply market risk, revenue enhancement and managing complex supplier relationships.
Growth in U.S. Manufacturing Continues to Be Anemic
Manufacturing in July expanded at its slowest pace since late 2010, hobbled by weak overseas demand for American goods, though a rise in domestic orders helped cushion the blow.
Today's Pirates Operate Pretty Much as Always - and Aren't About to Go Away, Prof Says
High-seas piracy has not changed much in the last 3,000 years and you can bet a keg of rum, a colorful parrot and some buried treasure that pirates will continue to be successful in the 21st Century and beyond, says a Texas A&M University at Galveston professor who has taught a course about pirates covering all time periods and locations in the world.
C.H. Robinson's European Arm Opens Temp-Controlled Facility in Rotterdam
C.H. Robinson Europe has opened an office in Rotterdam, the Netherlands, specializing in temperature-controlled logistics services.
Economic Pessimism Dampens Consumer Spirits, Even to Some Extent in China
The majority of consumers in the world's richest markets say they are feeling insecure and anxious and are struggling to save. They have tightened their belts and are buckled in for a sustained period of low or no income growth - a world that feels like the 1930s or the Lost Decade in Japan.
Smartphone-Enabled 'Augmented Reality' Comes to the Ikea Catalog
At the end of this month, 211 million Ikea catalogs will be sent off into the world. If one lands on your doorstep, you'll want to have your smartphone handy.
Pricing Snafus on E-Commerce Sites Undermine Faith in Retailers
On July 17, a wide range of third-party products on Amazon showed special pricing: one cent. The pricing glitch was, yet again, caused by some third-party integration and a coding error.
Recession Not Likely, But Uneven Business Growth, Potential Slower Global Recovery Predicted
In releasing its first mid-year global outlook, D+B suggests that the second half of the yer will be challenging, but there will be an overall climate of improving U.S. and global business health.
Warehouse Management Systems Market Continues Robust Expansion
The worldwide market for warehouse management systems grew by more than 10 percent in 2011. Growth was broad-based, occurring in both emerging markets and mature market segments. The high growth in the mature market segments implies that the post-recession market rebound is still active. "Going forward, we expect longer-term user adoption and technology trends to drive growth within the WMS market, as the effects from pent-up demand from the preceding global economic recession diminish. Emerging markets, add-on functionality, and numerous end-user industries are expected to lead the charge," says Clint Reiser, enterprise software analyst and the principal author of ARC's "Warehouse Management Systems Worldwide Outlook."
Worldwide Business Analytics Software Market Continues Its Recovery
In 2011, the business analytics market extended its post-2009 recovery with another stellar performance by growing worldwide revenues 14.1 percent year over year. International Data Corporation forecasts that it will continue to grow at a 9.8 percent compound annual growth rate through 2016 to reach $50.7bn. Helping to drive this growth is media attention focused on Big Data, putting broader business analytics on the agenda of more senior executives.
U.S. Vessel Imports Drop 3.7 Percent in June
Zepol Corporation, a trade intelligence company, reports that U.S. import shipment volume for June, measured in TEUs, was down 3.7 percent from May, but is up 4.4 percent from June 2011. Similarly, Q2 of 2012 has topped last year at this time by 4.7 percent. Although there was a drop from last month, June had the second-highest TEU imports so far this year, outdoing January by a slight 1 percent. Last year saw a comparable trend in the summer months with a moderate dip in June, but spikes in July and August.
Drought in U.S. Midwest Affects Food Supply Chain Worldwide
When rain doesn't fall in Iowa, it's not just Des Moines that starts fretting. Food buyers from Addis Ababa to Beijing all are touched by the fate of the corn crop in the U.S., the world's breadbasket in an era when crop shortages mean riots.
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