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You Can’t Control Mother Nature, But You Can Be Ready For It
For senior financial executives at large U.S.-based companies with operations in Texas, Florida, or Puerto Rico, the 2017 hurricane season served as a risk management wake-up call. Commercial and industrial property insurer FM Global surveyed these executives at companies with more than $1 billion in revenue and found: Nearly two-thirds (64 percent) of respondents say […]
Read MoreA Slap on the Wrist
Amazon has received two patents for a wristband system that monitors how warehouse workers move their hands. Currently, when a product order is received, the details are transmitted to the handheld computers that all Amazon warehouse staff carry. The workers must then rush to retrieve that product from one of many inventory bins on shelves, […]
Read MoreGuarding Your Business Against Data Loss
Data loss is every company’s nightmare. In fact, most companies that do experience a mass disappearance of vital, computer-kept information never turn their lights on again. It comes down to the idea that how you protect and treat your data is commensurate with how important you think it is, says Penny Garbus, co-founder of Soaring […]
Read MoreMan vs. Machine
Business leaders are divided in how they envision the future of human-machine partnerships, according to global research from Dell Technologies. Half of the 3,800 global business leaders surveyed forecast that automated systems will free up their time, while the other 50 percent believe otherwise.Similarly, 42 percent believe they’ll have more job satisfaction in the future […]
Read MoreSupply Chain Needs More Accurate Costing Information
Supply chain professionals need more accurate and effective cost information to help their decision-making, highlighting the need for supply chain and finance departments to work more closely together. They also need to adopt progressive costing practices that are focused on informing internal decisions. That’s according to a joint research report from APICS, the professional association […]
Read MoreShopper Expectations Outpace Retail Investments
Overall shopper satisfaction has significantly improved over the past decade, although shoppers are still not thrilled with retail staff availability and customer service. While four in 10 shoppers surveyed in Zebra Technologies Corporation’s 2017 Global Shopper Study cite being better connected to consumer information than store associates, more than half believe store associates armed with […]
Read MoreAcquiring Shipt Will Bring Target Shoppers Same-Day Delivery
Target recently acquired Shipt to leverage the same-day delivery company’s proprietary technology platform and community of shoppers, and quickly and efficiently bring same-day delivery to customers across the country. What does this $550-million deal mean for Target and other retailers? "We are now at a point where same-day delivery service is becoming the rule for […]
Read MoreE-Commerce Warehouses: SuperSize Me
Thanks to e-commerce, the average footprint of warehouses built in the United States since the early 2000s has more than doubled. The largest expansions are in metro areas with the big populations that online sellers covet and the ample land that developers need, according to a new CBRE report. The real estate firm analyzed the […]
Read MoreThree Supply Chain Trends You Need to Know
The pace of supply chain and logistics transformation shows no signs of stopping in 2018, and changes in commerce, technology, demographics, and regulation will have huge implications for the sector. Three trends to keep top of mind are: 1. The electronic logging device (ELD) rollout in the United States, combined with previously introduced Hours of […]
Read MoreLease Me a Loan: Transport Financing on the Upswing
Today more businesses rely on leases, loans, and equipment lines of credit to finance increased spending on new equipment. Businesses have increased their capital equipment spending for the seventh consecutive year, with overall new business volume growing by 2.5 percent, according to a recent Equipment Leasing and Finance Association (ELFA) study. The equipment-financing sector outperformed […]
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