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Industries: Page 1221
Purchasing Execs at Some Automakers Worry That Suppliers Can't Keep Up
Automotive suppliers are struggling to keep up with increased production, according to a new survey, raising serious concerns among purchasing executives.
Elevating Supply Chain Planning IQ with Data Analytics
Supply chain is the largest expense for any product company and generally accounts for 60 percent to 90 percent of all costs. Controlling such a substantial expense demands continuous performance improvement and high operational efficiency. Research suggests the existence of a statistically significant relationship between analytical capabilities and supply chain performance. In other words, data analysis can assist in controlling supply chain costs. Further, an analysis of 310 companies from different industries in the USA, Europe, Canada, Brazil and China indicates that analytics of the supply chain plan has the second-biggest influence on supply chain performance.
Food Safety: It's All About the Supply Chain
As tainted-food scandals go, it wasn't so bad. The discovery early this year of unlabeled horse meat in European food products wasn't for the most part a safety issue. It was a violation of cultural norms, to be sure, as well as a truth-in-packaging problem. Most of all, it was a supply-chain failure.
Pain Points in Manufacturing and Supply Chain
Kieran Brennan, director of business development with Syncreon Technology, discusses the "yo-yo" effect of choosing between complete manufacturing at the factory, and relying on postponement strategies in regional markets.
Brazil Has So Much More Potential to Reveal to Investors, Developers
Few observers doubt the immense potential of Brazil, one of the world's most significant emerging economies. Indeed, Brazil has great advantages. Compared with its colleagues in the BRIC quartet of emerging giants, it is richer than India and China and larger and more democratically stable than Russia. It is the largest nation in Latin America, with one-third of the region's population generating 44 percent of its GDP. Already the sixth-largest economy in the world, it could become the fifth by 2020, according to forecasts by the Economist Intelligence Unit. But growth, and the investment decisions that underpin it, doesn't happen by magic. Substantial growth takes enlightened government and well-informed decisions by potential investors.
Analytics Isn't New, But the Latest Version Does Require a New Understanding
Analytics companies are popping up everywhere as Big Data starts to work its way into more executive conversations. We've been down this road before; analytics isn't a new concept. However, new related technologies and a better understanding of what's at stake for businesses may make this wave a different one. The key is for everyone to get comfortable with the idea of using the new tools to roll their own analytics.
OECD Rules on Transfer Pricing Could Affect U.S. Multinationals' Tax-Avoidance Schemes
U.S. multinational companies that routinely allocate their profits to other countries to benefit from low-tax jurisdictions may soon need to change their tactics.
Integrated Modules Meet Today's GTM Functionality Needs, Allow for Tomorrow's Growth
Challenge: A multi-division home products company using spreadsheets to manage import, export and FTZ operations struggled with compliance. Its structure, extensive product lines and multiple manufacturing locales required one solution that could maintain divisional separation but produce comprehensive reporting; provide global visibility; and deliver intelligence to inform sourcing and logistics decisions.
Cognex Launches Update of Track & Trace App for Pharma
Cognex Corp. has developed a new version of In-Sight Track & Trace, the company's identification and data-verification software for healthcare product serialization.
Seagate Strives to Slash Inventory
Seagate Technology has launched a program to eliminate costly and wasteful inventory from its supply chain. Scott Robbleloth, director of supply chain, explains how the company did it.
How Can You Effectively Manage the Risks Posed by Your Suppliers and Trading Partners?
Managing the risks imposed by suppliers and third-party service providers has become increasingly difficult and expensive. At the same time, the risks imposed by these relationships keep on getting larger and more costly. Yet procurement and risk personnel are expected to do more with less.
UN Guide Seeks to End Labeling Confusion in Chemicals Supply Chain
For the past decade it has been the goal of the chemicals industry to create a unified standard for the simple and clear labeling of dangerous goods - no matter what the product, where the country or the language spoken.
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