Automakers embraced Takata's cheaper technology almost 20 years ago despite signs that it was unsafe. The airbags are now at the center of the auto industry's biggest recall.
Globally and in the U.S., a new breed of company - including manufacturers - are taking advantage of growth outside their home market and going international. To what extent are small and middle market businesses becoming more multinational? What's driving this trend?
From a technology perspective, the capabilities of drones are improving day by day - advancements in autonomous piloting, "sense and aware" technologies and increased battery life mean that delivery drones are now very much a potential for the future.
U.S. retailers gearing up for the holidays could be overlooking a key source of sales: international shoppers. To win in the global e-commerce race, companies can't rely on the same approach they use domestically. Featured products, marketing content, and promotions targeting U.S. consumers may not resonate in all markets. For example, as U.S. retailers promote their discounts on that latest style winter coat, super-fast sled or snow tires, they'll need to remember that it's summer in Australia.
Sustainability is a huge macro trend and it's no surprise that the language and goals of the larger sustainability movement have made their way to apparel. Unfortunately, with it comes the same polarizing ambiguity that has plagued the broader sustainability movement in other industries. Cynics roll their eyes while dismissing sustainability as a latest marketing façade designed to push products on uninformed customers while true believers insist it's a more responsible way forward for apparel manufacturing that is genuinely improving lives and saving the earth.
EnVista, a global supply-chain consulting and information technology services firm, has added five dashboards to its freight audit and payment application.
With $500bn in global sales, dairy was the biggest, fastest revenue-generating category in the food and beverage sector in 2015. But in value creation, the industry lags. Its inherent supply chain, market, and regulatory complexities, along with intense competitive pressures, mean there is no simple formula for profitable growth, according to a report from The Boston Consulting Group (BCG).
