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Think Tank
SC Finance & Revenue Management: Page 98
Fourteen Percent of Retail Payments Made by Smartphone or Tablet, Study Says
While cash remains king at the point-of-sale, a variety of other digital payment methods are preferred by consumers, with 25 percent of all smartphone owners now using mobile wallets.
Corporate Working-Capital Practices Are a Ticking Time Bomb
The lure of low interest rates: how could it possibly be a bad thing for business?
Multinationals Must Prepare for New Global Tax Environment
A few years ago, the OECD embarked on a multiyear effort to create an international tax framework that closes perceived gaps in international tax rules. This includes combating base erosion and profit shifting (BEPS) to ensure companies pay their "fair share" of taxes. Many of the BEPS Project's action items are expected to be finalized later this year.
Procurement Reduces Costs to Deliver Services 17 Percent by Enhancing Customer Focus, Study Says
World-class procurement organizations now deliver services at 17 percent less cost than typical companies while offering improved effectiveness, largely by becoming more customer-centric, according to research from The Hackett Group Inc.
PrimeRevenue Debuts Capital Management Uni
PrimeRevenue Inc., a platform for providing working capital financing, has created PrimeRevenue Capital Management.
Allergan: A Company of Many Identities Seeks One Road to Demand Planning
Having undergone a raft of acquisitions and name changes over the years, the pharmaceutical giant formerly known as Actavis scraps its legacy manual processes and embraces formal demand-planning and advanced-scheduling technology.
How Sears Got a Handle on Its Reverse-Logistics Flow
The big merchandiser looked to Genco to provide a system for the rapid and efficient processing of merchandise that's designated for redeployment, return to vendor and liquidation.
Debt Crisis Disrupts Supply Chain of Importers of Greek Products
Ted Diamantis, an importer of Greek wines who is based in Chicago, has been helping his suppliers stock up on bottles, labels and printing ink. The barrels, though, have him worried.
In Modern-Day Global Sourcing, Diversity Rules
The dynamics that have long favored China as the world's center of low-cost manufacturing are changing. And no one - not even China - seems to have a problem with that.
Supply Chain Excels at Many Things - But Not in Managing Working Capital
Many companies have become adept at using supply-chain management to increase their competitiveness, yet the function remains under-utilized in one vital area: working capital management.
How Do You Actually Collect Taxes From Online Retail Sales?
A recent favorable opinion by U.S. Supreme Court Justice Anthony Kennedy plus increased action in Congress have made it more likely than it has been in 50 years that out-of-state retailers will be forced to collect sales taxes in states where they don't have a physical presence. Half a century ago, of course, the volume generated by such sellers, who did their business via catalogs and snail mail, was tiny compared to the sales spawned by the rise of the internet.
With Sales Forecasts Not Panning Out, Many Small Manufacturing Companies Unable to Pay Bills
Planning for a pickup in sales, some small manufacturers borrowed money from their larger counterparts to ramp up production. Now, a growing number can't pay for the investments as their forecasts aren't panning out, with energy-related companies being among the hardest hit.
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