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Industries: Page 602

Roses Are Cheap on Valentine’s Day — Because of Where They Come From

The majority of roses Americans give one another on Valentine’s Day, roughly 200 million in all, grow here, the savanna outside Bogota, Colombia, summoned from the soil by 12 hours of natural sunlight, the 8,400-foot altitude and an abundance of cheap labor.

0214 Roses Are Cheapon

How Merck Is Building an End-to-End Supply Chain

There's no question pharmaceutical supply chains are complicated. Add industry and government regulations — topped with geographical complexities — and it's become more challenging than ever for multinational companies to get beyond node-to-node planning.

Collaboration 4.0: The Digital Revolution

As companies digitize and integrate their enterprise and implement advanced analytics, they are learning that collaboration is the key to market leadership. Collaborative channel relationships are transforming the buyer-seller relationship from transactional to strategic. Working together to integrate and share process information, partners experience performance improvement by focusing on the least landed cost at every point in the channel versus leveraging price. Regulatory compliance for track, trace and authentication can only be realized through digitization. -Rich Sherman, Senior Fellow, Supply Chain Centre of Excellence, Tata Consultancy Services

0213 Collaboration40 The Digital

After Years of Falling Prices, 2017 Marked an Explosion for Natural Gas

Because of the increasing emphasis on cheaper and cleaner energy sources, natural gas has become one of the most important commodities for the U.S. economy. The incredible boom in production has led natural gas prices to decline dramatically during the past three years. However, 2017 was a pivotal year, as prices finally recovered in response to strengthening global demand. -Connor DiGregorio, Research Analyst, IBISWorld Inc.

0213 After Yearsof Falling

Why Red Bull Changed Its Travel Buying Strategy

Travel buyers should start talking to their travel management companies (TMCs) now about how changes to flight booking technologies could impact them, Red Bull’s head of procurement has said.

'No Slavery on Our Factory Floor': How Human Trafficking Laws Can Still Shut You Down

"Slavery? In my factory? There’s no way…I know who all my employees are, and I make sure they work under great conditions."

Tea, Haircuts and Fish Bones: Letting the Light Into Pakistan

Reclining comfortably on a bed outside his mud home, 75-year-old farmer Mohammad Khoso watches life go by. His family is now the center of everyone’s envy in the southern Pakistani village of Murid Khoso — they have electricity.

Airbus Shows Off Its New Automated Delivery Drone Service in Singapore

Airbus is enthusiastically pushing into the drone segment — the company showed off its Alpha One drone taxi earlier this month — and now it has for the first time demonstrated drone-based package deliveries.

Historic Flu Season Drives Sales Across the Health-Care Industry

A historically bad flu season has sent Americans to the doctor in droves -- and given a boost to companies across the health-care business.

0213 Historic Flu Season Drives

How Industrial IoT is Disrupting Supply Chains

Research into the "industrial" application of the Internet of Things finds unequivocally that IIoT is transforming supply chains. Most of the implementations have been by early adopters trying to get an advantage over their competitors. Projects have a number of different objectives, but typically fall into: more efficient operations; improved customer experience; or new revenue opportunities. -Dan Roberts, Senior Consultant, Cambashi Limited

0212 How Industrial Io T Is

Avoid Strategic Drift in Your 3PL Relationship with a Sound Governance Structure

Even the seemingly most aligned and value-enhancing 3PL relationships can falter badly if the parties fail to “keep up” with each other over the course of their agreement. I call this problem “strategic drift.” It’s a question of good governance, which includes regular communication and meeting cadences throughout the involved organizations. -Kate Vitasek, faculty member, University of Tennessee Haslam College of Business Administration; author of six books on the Vested business model

Introducing a Cryptocurrency for the Food Supply Chain

And so the cryptocurrency mania continues, in yet another form.

0212 Introducinga Cryptocurrencyfor

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site