Challenge: A large electronics company tripled in size in part because of more than 100 acquisitions; this company lacked visibility across their hundreds of factories and distribution centers.
Quite often, even among well-run businesses, the actual costs of inventory are inaccurate, underestimated and incomplete. While most resellers know they have dead inventory, many are unaware of just how much. Studies show that in even well-run companies, anywhere from 20 to 30 percent of inventory is dead or obsolete.
The Obama Administration's proposed traceability rule to address seafood fraud in the United States does not increase transparency for the majority of the seafood sold in the U.S., and it should be expanded to include all seafood and extended through the full supply chain.
The advent of continuous data collection and analysis has the potential to change the face of the chemical industry, and will create the need for platforms allowing companies to analyse a material throughout its value chain, consultants at PricewaterhouseCoopers (PwC) said.
China's efforts in good manufacturing practice certification in 2015 showed a continued shift toward warning letters even as the overall number of reviewed applications fell by more than half.
One in six Americans get food-borne diseases each year with 3,000 of those cases resulting in death. Food and beverage retailers are strategizing to avoid such risks for consumers while keeping their profit margins intact. A report from IDC urges them to invest in tracking and other technologies.
For the past 15 years, America's trucking industry has periodically dealt with a shortage of truck drivers, but in 2016 this issue has ballooned into a full-blown problem that doesn’t appear to be going away any time soon.
Food loss and waste costs businesses billions of dollars each year and it generates about 8 percent of global greenhouse gas emissions, accounting for the carbon footprint of food produced and not eaten.
Challenge: Difficulty to get accurate and timely location updates on brokered loads. Traditional in-cab solutions are too costly to install and too difficult to deploy to all outside carriers.