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Industries: Page 1023
Study Finds Reversal of Outsourcing Initiatives Gains Momentum
Relocation of manufacturing and product sourcing to emerging economies is no longer the gold standard for global businesses, according to a study from the University of Tennessee, Knoxville's, Global Supply Chain Institute.
West Coast Port Congestion: A Lesson in Risk Management
Argue all you want about the reasons behind gridlock at U.S. West Coast ports, but one conclusion is inescapable: it proves the need for effective supply-chain risk management.
Will 3D Printing Radically Transform Manufacturing? Yes. Or Maybe Not. Well, Possibly.
3D printing has captured the imagination of the media and the financial markets; prognosticators are predicting a fundamental disruption in the manufacturing paradigm, from mass production to mass customization. Are we finally achieving the "lot size of one" that Taiichi Ohno envisioned when creating the Toyota Production System? Will factories disappear as the "maker movement" drives demand toward custom-designed items created on 3D printers in the home? How will these changes affect the industrial supply chains?
The Internet of Things May Be the Next Great 'Transformation' in Business
The Internet of Things (IoT) may be more significant in reshaping the competitive landscape than the arrival of the Internet. Its productivity potential is so powerful it will deliver a new era of prosperity.
Surprisingly, China May Have Some Management Lessons to Impart
China Inc. might appear to be an improbable source of fresh management thinking. Its state-owned enterprises are, for the most part, regulated giants that are experimenting with Western management practices. China has yet to produce a world-class company like GE or Samsung, and outside the country most of its businesspeople are better known for amassing wealth than for innovative management ideas. Yet China offers more management lessons today than do most other countries.
Canadian Retailer Testing Use of 60-Foot Container
Canadian Tire is pushing the envelope and has developed a 60-foot container that has received government approval and will soon by deployed on multiple lanes.
Big Data Is Just 'Big Noise' to 96 Percent of Mid-sized Manufacturers
A recent survey shows a clear disconnect between large manufacturing companies and mid-sized ones when it comes to so-called Big Data, with 96.3 percent of the latter finding the phenomenon to be either difficult to understand or only somewhat understandable.
Process Bottlenecks Hinder Opportunities for Early Payment Discounts, Study Finds
Nearly 80 percent of international businesses are unable to take advantage of early payment discounts from their suppliers, mostly due to internal payment process bottlenecks, according to global research report by Basware and MasterCard.
Brick and Mortar Fights Back! The Push for Same-Day Delivery From Stores
Traditional retailers aren't taking the challenge from pure e-tailers lying down. They can deliver on same-day orders, too.
TU-Automotive: A Fresh Angle at Connected Fleets Europe 2015 Addressing the Demands of Modern Fleet Management
Private Industry Turnaround Specialist Tries to Lead the Military PX Back to Financial Health
The Army and Air Force Exchange Service - widely known as the PX or the Exchange - is designed to provide everything a soldier might need or want, tax-free and often at a deep discount: uniforms, tactical gear, recreational sports equipment, vitamin supplements, electronics, furniture, booze, lawn ornaments. It serves 12.8 million customers in 50 states and more than 30 countries. In fiscal 2013 the PX had revenue of $8.3bn and a profit of $332m. About a third of that was reinvested in operations, and the rest - $208m - was plowed into the Pentagon's morale, welfare and recreation programs to provide services like playing fields and on-base Boy Scout troops.
With Advances in Artificial Intelligence, Is Anyone's Job Safe From Robot Replacement?
From self-driving cars, to intelligent assistants on smart phones, to IBM's Watson beating humans at Jeopardy, to potentially autonomous military weapons, the effects of increasingly sophisticated automation are undeniable. With leading companies like Google spending millions to acquire artificial intelligence (AI) and robotics start-ups, financial markets are also betting that AI will become a bigger part of our lives and society.
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