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Think Tank
Retail: Page 417
Social Media Are Both Boon and Bane for Businesses
Business uses for YouTube, Facebook and Twitter are fast catching up to the leisure uses that have been their primary raison d'etre so far, and usage of LinkedIn, which was created as a business tool, keeps soaring.
RedPrairie Issues New Version of All-Channel Retail Application
RedPrairie Corp. has released version 2012.1 of the RedPrairie Commerce Suite for retailers. The tool can be applied to all channels and multiple customer touch-points, the vendor said.
Failure to Integrate Companies Properly and Timely Sinks Many Mergers
Acquisitions are a vital component of growth for many businesses. Yet a high proportion of deals fail to deliver value. Why? A common reason is that, because of time pressures and complexity, many companies struggle to integrate fully after the deal. Synergy targets that were so enticing in the run-up to the deal melt away under the realities of meshing two often very different organizations in a short time.
Manufacturer of Industrial Air Conditioners Uses RFID to Track Parts
AL-KO, a German producer of industrial air conditioners for airport hangars and other spaces, is employing a radio frequency identification solution to plan its production more precisely, by tracking the movements of parts between two production sites located 550 kilometers (342 miles) apart.
Mimicking Apple, Best Buy Re-Tools Its Retail Strategy
Good artists copy, but does the saying apply to retailers too? Best Buy hopes so, as it's converting 60 of its locations into Apple Store lookalikes, according to a new report.
Modern Design Trends for Direct to Consumer Fulfillment
Because the DC is an expensive - but indispensable item - the CEO needs to be on top of operations that fulfill directly to customers' homes, says Matt Kulp, director, distribution and fulfillment, St. Onge Company, an engineering services company.
World's Appetite for More Planes Grows, Boeing Says, But New Freighters Aren't in Demand
Boeing's latest fleet forecast predicts a doubling of the world's fleet of aircraft in the next 20 years, generating demand for 34,000 new planes, at a cost of $4.5tr. At the same time, officials said the demand for freighters will remain sluggish over the next two decades and revised downward their previous forecast. Even so, freighters will nearly double to 3,200 by 2031.
Chief Finance Execs Begin to See Value in Sustainability Initiatives
Before Jeff Piccolomini joined Henkel Corp. in 1997, he was dubious about corporate efforts to address environmental concerns - a "typical skeptical CFO," as he puts it. A CPA by training and a longtime finance executive, Piccolomini wasn't accustomed to dealing with the kind of green goals that the German-owned personal-care company had set in motion, such as reducing carbon emissions.
Smarter Slotting: Today's Best Practices and Technologies for the Efficient Warehouse
What You Don't Know About Automation Can Hurt Your Business
Enterprise Manufacturing Intelligence Helps Transform Manufacture of Medical Devices
Today's manufacturers make increasing use of enterprise manufacturing intelligence (EMI) solutions, which offer the potential to improve processes and reduce costs, to help address their key challenges. The term enterprise manufacturing intelligence, also sometime referred to as "operational intelligence" or "manufacturing intelligence," applies to the technology and practices available to tap into the vast amount of plant data; contextualizing and exposing it as intelligent information with analytics, dashboards, and other visualization tools.
A Leader in Teleconferencing Fine-Tunes Its Critical Parts Operation
Polycom Inc. turns to a specialist in expedited logistics, to ensure rapid turnaround of defective and spare parts in its reverse-logistics chain.
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