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Industries: Page 728
Digital Transformation: See Your Supply Chain Better
Analyst Insight: Full supply-chain visibility has been a top three goal of supply-chain managers for more than a decade. The ability to see your inventory, customers' orders, and financial transactions, as they move through every node in the supply chain is paramount. This enables opportunities to optimize inventory position, route shipments more efficiently, truly collaborate - not just cooperate - and communicate with customers to provide world-class service. - David Meyers, principal, Tompkins International
Competition among the major EPC firms is at an all-time high.
Today's landscape for engineering, procurement, and construction (EPC) companies working in the oil and gas sphere is mired with project complexity, rising costs, exposed risk and low oil & natural gas prices.
Prince Charles Turns to Chocolate to Tackle Deforestation
Prince Charles's new environmental push has a sweeter taste. The heir to the British throne, known for disclosing his carbon footprint, is turning to chocolate to help protect the world's forests.
Adidas Banks on Sports as Lifestyle to Drive U.S. Sales
Adidas set a target last week for sales in North America to rise by almost half by 2020, predicting strong demand will continue for fashion sneakers after its retro Superstar was the top selling shoe in the U.S. market in 2016.
Four Trends to Accelerate Tax-Efficient Supply Chains
Analyst Insight: Supply-chain executives are under tremendous pressure to continually re-optimize their supply chains. While supply-chain economics must dictate where manufacturing and distribution assets should reside, tax changes and opportunities need to be looked at in parallel with the supply-chain economics to sustain the planned benefits. Looking forward to 2020 and beyond, we believe companies should pay particular attention to four trends that will accelerate the need for a tax-efficient supply chain. - Michael DuVall, principal, Bradley Slattery, principal and Jared Lapin, director, PwC
U.S. Ports Apprehensive About Trump's Budget
The American Association of Port Authorities (AAPA) has voiced its concern over the potential of significant declines for most federally funded, port-related programs in President Donald Trump's fiscal 2018 budget.
Creating Efficiencies to Drive E-Commerce Innovation Forward
Analyst Insight: In the age of information, there is a tremendous opportunity for retail companies to distinguish themselves as consumer-centric by exceeding expectations for online product content. Many retailers and brands are stepping up their ability to provide the detailed, accurate digital product information consumers need to make informed purchase decisions. To create competitive end-to-end shopping experiences, these companies are leveraging global standards to make it easy for consumers to discover and purchase products whenever and wherever they are. - Rich Richardson, vice president of standards development, GS1 US
Supply Chain Resiliency in the Wake of Industry Disruption
Analyst Insight: Industry disruptions - whether caused by economic strife, weather events, or labor disputes - seem to be becoming more common, and they are prompting many executives to rethink the design of their global supply chains. For years many companies have invested in solid-state supply chains built for cost efficiency. The problem is that these are premised on very defined paths-to-market that lack resiliency and make them susceptible to disruption. - Glen Goldbach and Ryan Hawk, principals, PwC
Report From Next Gen Customer Delivery 2017
Kiev Discount Store Pilots Beacons for Loyalty, Analytics
Since September 2016, Ukrainian retail hypermarket Auchan has been piloting Bluetooth Low Energy (BLE) beacon technology at its Kiev [Kyiv] store to better interact with customers based on their location within the store.
U.N. Bolsters Supply Chains to Prepare for Next Pandemic
The U.N. World Food Programme (WFP) wants to improve its response to disease outbreaks by increasing visibility in supply chains.
Procurement's Guide to Extending Supplier Payments Terms
Analyst Insight: Successful supplier payment term extensions only happen when procurement receives the right training and ongoing support. Before companies implement an extension with suppliers, they must first understand the traits (and barriers) to success. Procurement should be viewed as a strategic lever to improving working capital and given a seat at the table during the selection and implementation process. This will pave the path to a successful supply-chain finance program and optimized cash flow. - Tom Roberts, senior vice president of global marketing, PrimeRevenue
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