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Industries: Page 730
Sales Planning: Big Data Provides the Answers
Analyst Insight: We have come a long way from the days where gut feel and years of industry knowledge ruled the day and drove critical decision-making. "Water Cooler Talk" seems a thing of the past, but to effectively work together, businesses must replace it with a new process. Face to face cross-functional team discussions are critical in helping teams learn to work together and communicate effectively. Welcome to sales and operations planning (S&OP). – M. Scott Moon, principal, Tompkins International
New Study Examines Mass Adoption of IoT Technology
The average return on investment from the Internet of Things is 34 percent, with one in 10 interview respondents reporting returns greater than 60 percent, according to a new study published by Aruba, a Hewlett-Packard Enterprise company that specializes in next-generation networking solutions.
Retailers Move Forward With Returned Goods Strategies
Analyst Insight: By understanding the true costs and potential benefits from improving their reverse logistics processes, retailers are developing strategies to recover as much value as possible from their returned goods. - Matt Ennis, vice president of business development and client solutions, Yusen Logistics (Americas) Inc.
Now Is the Time to Wake Up to Global Trade Compliance
Analyst Insight: Global trade compliance remains a topic that most C-level executives successfully ignore. This should not be regarded as an accomplishment but as a serious corporate deficiency that will affect a company's bottom line and its ability to compete on a global basis. Ignorance of global trade compliance is no longer an option. – Beth Pride, president, BPE Global
The Amazon Challenge and How Smaller E-tailers Can Compete
Going up against the behemoth that is Amazon.com, does the smaller e-commerce provider have a chance?
How Safe Are Drones? Dummies Are Finding Out
Hank sat impassively on a Virginia Tech athletic field, ready to take it on the chin for the future of drone commerce.
Oil Executives Are Confident That the Future Is Bright
Oil prices are down nearly 10 percent over the past month, leading some to wonder if we're set for a resumption of the plunge seen between 2014 and early 2016. Executives at oil companies, however, are optimistic.
Improving Global Supply Chain Efficiency Calls for Industry Involvement
Analyst Insight: U.S. shippers have had ample reasons to be frustrated with the international supply chain in recent years. The industry has incurred multiple disruptions and increasing operating complexity that is likely to get worse before it gets better - unless we change the way we approach these challenges. – Adriene Bailey, chief strategy officer, Yusen Logistics (Americas) Inc.
E-Commerce Fraud Risk Was Up 80 Percent During Holiday Season
Fraud prevention technology provider Forter has published its 2017 Fraud Attack Index, in conjunction with the Merchant Risk Council (MRC). It detailed the rate at which e-commerce fraud attacks increased throughout traditional retail verticals and provided an in-depth look at the reasons behind the year-over-year changes.
Transforming Logistics: Don't Fall Behind on These Trends
Analyst Insight: The findings from the 25th Annual Trends and Issues in Transportation and Logistics suggest that three complex supply chain elements - transportation, technology, and organizational structure - have companies waiting before committing to transformation changes in these areas. However, waiting too long to make a decision will result in a competitive disadvantage that will be difficult to overcome in a global economy. Understanding the interplay and interconnectedness of the three elements is essential in determining the path forward. – Mary Collins Holcomb, SCM professor, University of Tennessee, and Karl Manrodt, logistics and SCM professor, Georgia College and State University
Grocery Heavyweights Expand Delivery Services
Big food retailers are expanding grocery delivery services, hoping to dissuade customers from defecting to online rivals.
Blockchain: A Better Way to Track Pork Chops, Bonds, Bad Peanut Butter?
Frank Yiannas has spent years looking in vain for a better way to track lettuce, steaks and snack cakes from farm and factory to the shelves of Walmart, where he is the vice president for food safety. When the company dealt with salmonella outbreaks, it often took weeks to trace where the bad ingredients came from.
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