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Think Tank
Food & Beverage: Page 345
New Distribution Pattern at Arts, Crafts Supplies Provider
As business continued to grow at Darice, reportedly the country's largest full-line arts and crafts wholesaler and distributor, so did inefficiencies in its distribution system.
Processing Costs, Green Initiatives Among Reasons Why E-Invoicing On the Rise, Study Finds
A rising percentage of organizations are choosing e-invoicing to reduce processing costs, accelerate approval cycles, and increase on-time payments, according to a PayStream Advisors study sponsored by Syncada from Visa. Internal pressures such as green initiatives and increased centralization contribute to e-invoicing adoption, as do external changes, including global supplier requirements. The study recommends first implementing top tier customers to achieve the most financial and operational impact.
Vistaar Issues Update of Price-Management Tool for Alcoholic-Beverage Industry
Vistaar Technologies Inc., a provider of price-management software, has made available version 1.5 of its Distribution Price Management application for alcoholic-beverage companies.
Is There a Manufacturing Renaissance in the U.S.?
February Airfreight Figures Seem Strong, But Closer Look Shows Situation Is Fragile
The International Air Transport Association (IATA) released global traffic results for February 2012 showing an 8.6-percent improvement in passenger demand and a 5.2-percent rise in cargo demand compared to the same month in the previous year.
LG Joins EPA's Green Power Partnership with 100 Percent Green Energy Use for Its Headquarters
LG Electronics USA is purchasing more than 1.5 million kWh of green power over the next 18 months in cooperation with the EPA's Green Power Partnership program, the company said.
You DON'T Have a Mobile Strategy Because Mobility Differs from Anything You've Seen Before
Mobile is completely different from anything you've done before, and you need to throw conventional wisdom onto the dust heap of out-of-date thinking. You may have a bunch of people in business and IT that are telling you how you should approach mobile, but beware. They might not even recognize that mobile is different in every way from previous technology waves.
Is 'Big Data' to Blame for Sales Forecasts Not Being Realized?
At the end of any quarter, the last thing CFOs want to hear is that more than half of forecasted sales did not close. Unfortunately, this scenario is quite common. CFOs blame sales staffs for faulty forecasts, while sales teams try to shift the blame to IT for not giving them the right tools to turn fuzzy forecasts into actionable data.
Half of Suppliers, Buyers Optimistic About Economy; Pessimism Remains Among Larger Companies
Half of global trade professionals are optimistic about the global economy in 2012 and nearly three quarters plan to spend at or above 2011 levels, according to The State of Global Trade in 2012, a joint report from global trade intelligence company Panjiva and The Global Sourcing Council, a non-profit organization that fosters dialog on critical issues in global sourcing and supply chain management.
Changes, Past & Future, in Intermodal
Best Buy Embarks on 'Transformational' Plan to Combat Online Competition
Weighed down by the size of its big-box stores and facing competition from more nimble online-only competitors, Best Buy is embarking on a "transformational strategy," its executives said. For the company's finance chief, Jim Muehlbauer, that will mean dealing with $800m in cost cuts over the next three years.
ChemLogix Enhances Rail Transportation Management Capability
ChemLogix LLC has added GeoMetrix rail logistics guidance technology as part of its transportation management solutions set.
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