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Think Tank
Retail: Page 226
New Adidas CEO Plans Fast-Fashion Focus to Catch Up to Nike
Adidas AG's new chief executive officer is doubling down on surging sales of casual sneaker lines like Stan Smith and Tubular to transform the German sportswear maker into a fast-fashion business and gain ground on larger rival Nike Inc.
Talent Shortage: More Universities Offer Online Supply Chain Programs
Analyst Insight: Today's supply-chain industry is currently dealing with a shortage of talent to fill critical positions. Unfortunately, many companies are also finding the skills in their current workforce lacking in order to manage today's complex business environment. In light of this, many universities are offering more educational opportunities to assist developing the talent base in the supply chain through online master's programs. – Karl Manrodt, professor of logistics and supply chain management, Georgia College, and Donnie Williams, assistant professor of logistics and supply chain management, Georgia College
Are Ocean Carriers and Shippers Focused on Service - Or Just Lip Service?
It's been the same drill for years: Ocean carriers and shippers talking service, then fixating on price. Is this disconnect finally about to be disrupted?
Social Listening Is the Key to Understanding Your Customer
Somebody out there is talking about your product. And you had better be listening.
Digital Transformation to Put the Consumer Back in Consumer Packaged Goods
Analyst Insight: The lines between consumer products and retail are more blurred than ever. But for large CPG companies, the challenge remains to create seamless, responsive supply networks optimized to sense demand and respond efficiently, whether shipping to a major retailer or an individual customer. The next five years will see increased adoption of digital technology, heightened M&A activity, and new competition from unexpected sources, all jockeying for a place in customers' homes. – Matt Gunn, manager of Industry Solutions, GT Nexus
Leverage Your Supply Chain as Competitive Advantage in Dynamic Marketplace
Analyst Insight: As companies adjust their business strategy to the dynamically changing marketplace, many seek direction when investigating options for supply-chain improvement. With help from data insights obtained through supply-chain analysis, more companies are achieving greater flexibility for meeting demand by leveraging their supply chain as a competitive advantage. – John Richardson, vice president, Supply Chain Analytics, Transportation Insight
Digitization Drives Innovation in the Chemicals Industry
Analyst Insight: The chemical industry is a critical partner to many other industries, with nearly 96 percent of all manufactured products being touched in some way by chemistry. The accelerating pace of product life-cycles, driven by demand for new and innovative products, plays an important role in driving the need for innovation in the chemical industry. To drive innovation and improve business performance, chemical companies are looking at the role of digital transformation as a lever to improving the innovation process. – John Santagate, Research Manager, IDC
Being Fit for Growth During Digital Transformation
Analyst Insight: Most products arrive in the hands of customers through traditional processes. Sales and operations build forecasts, make procurement plans, and order the necessary materials to produce the products, and manufacturing builds the products at the planned production rates. Distribution plans are established to account for some variation in demand, and customers are promised specific delivery dates. If all goes well, the gap between demand and supply at every point in the system will be small. But that rarely happens. –Eduardo Alvarez, principal, PwC, and Rodger Howell, principal, PwC
The Chemicals and Energy Industry Is Primed for Robust Growth
Analyst Insight: The chemical/energy industry market is ripe with mergers and acquisitions on a global basis as a way for businesses to position themselves for sustained growth. With low fuel prices, foreign competition and an uncertain economy, processors are shuffling their portfolios to offset losses. – Simon Hardy, senior supply chain evangelist, Elemica
U.S. Factory Activity Rose Briskly in February
Sales at U.S. factories rose at the fastest rate in three years in February, another clue the economy is revving toward faster growth this year.
How to Create an Integrated Approach for Supply Chain Management
Analyst Insight: The global supply chains of today are tremendously complex. They consist of a global network of suppliers, manufacturing facilities, warehouses, distribution centers, and the broader fulfillment network. Supply-chain planning and execution occur across all areas of the supply chain, and the success of operations is largely reliant upon the success of the supply chain. Such complexity and the abundance of touch points are driving the need for modern supply chains to implement an integrated approach to supply-chain management. – John Santagate, research manager, IDC
Improving Operations and Profitability With Cross-Functional Analytics
Analyst Insight: In today's rapidly changing technology and business environments, companies need agility and preparedness to make swift, profit-enhancing strategic and operational decisions. One powerful way to facilitate this is by using finance and risk analytics in the supply chain. Today few companies have enterprise-wide, cross-functional analytical capabilities, but leaders across most industries are developing their understanding of these valuable analytics. They realize they possess a tremendous amount of untapped data and they want to leverage the data with better analytics to optimize the supply chain and contribute more meaningfully to the business discussion. – Bob Bishop, Principal, PwC; Glen Goldbach, Principal, PwC; and Corey Gallon, Director, PwC
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