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Improving Production Planning Efficiency
Speed and accuracy are everything to a company, says Jenny Balderrama, production planner at Keysight Technologies. All too often, however, speed is associated with orders arriving rather the ability to meet them. And accurate forecasting? Forget that.
Millennials Increase Demand for Responsible, Sustainable Free Trade
Millennials are a diverse generation in the United States. The share of foreign-born members of the generation has increased from 6 to 15 percent over the previous generation, a rise of 150 percent. Combined with globalization trends, millennials in this country are more internationally connected than their parents, driving up our desire to travel and explore different cultures, and increasing our demand for foreign-made products.
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Thomas Pink Piloting IoT System With RFID to Manage Inventory, Traffic
U.K.-based luxury clothing and shirt retailer Thomas Pink launched an Internet of Things pilot at its Wall Street store in New York City this month that features ultrahigh-frequency (UHF) RFID technology to track the movement of merchandise in real time throughout the business, and RetailNext camera-based technology.
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Holding Supply Chains Accountable for Carbon Emissions Saves Money, CDP Reports
A sustainable supply chain will result in a lot fewer carbon emissions, reports CDP, which looked at 89 supply chain members that cut those heat-trapping emissions by 434 million tons in 2016.
Procurement Salaries to Rise 10 Percent in 2017, Survey Says
Procurement professionals can expect to see pay rises averaging 10 percent in 2017, according to a salary survey.
PETA Helps Vegan Fashion Designers See the Path to Future Growth
As the vegan lifestyle merges into the mainstream, fashion designers who appeal to that market strive to grow their business to the next level with venture capital and an organized supply chain. At a panel hosted by PETA in Los Angeles, designers from Vaute Couture, Delikate Rayne, Nicora Shoes and Susi Studio shared their strategies for sticking to their ethos of eschewing animal-based products while tapping into conventional business practices adopted by the apparel industry.
U.K. Offshore Wind Costs Fall Nearly a Third in Four Years
The cost of producing electricity from wind farms off the coast of Britain has fallen 32 percent in the past four years, meeting a government target four years early, an industry report said.
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China Shipbuilding Pushing Technology Envelope
China Shipbuilding Industry Corp (CSIC) has begun to upgrade the design of its first-ever floating nuclear power platform ready for a wider spectrum of applications. The company is also expanding its submersible construction activities.
Asia-Pacific Airlines See Cargo Rebound in Late 2016
Preliminary airfreight figures for 2016 from the Association of Asia Pacific Airlines (AAPA) reaffirmed continued strength in the second half of the year, after a weak start.
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'Made in America' Strategy Isn't Enough to Shield Toyota From Trump
When Trump administration appointee Wilbur Ross sat for a hearing on his commerce secretary nomination, one name kept coming up: Toyota. A senator from Vice President Mike Pence's home state asked to be reassured trade reforms wouldn't compromise Indiana jobs. Another from Mississippi said he was "tickled to death" Corollas are built in his state.
Tesla: Battery Revolution Just Reached Critical Mass
Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one - one that's been used to help justify the company's $5bn factory near Reno, Nev. - but batteries have so far only appeared in a handful of true, grid-scale pilot projects.
Supply of Warehouse Space Is Catching up With Demand, Report Says
After years of a tight market for commercial warehouse space, mostly due to the booming growth in ecommerce, a rapid increase development including spec projects has been slowly closing the gap.
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