Robert Byrne, CEO of Terra Technology, discusses highlights of Terra's 2012 benchmarking study on forecasting, which is based on raw data collected from the major CPG companies that are Terra's customers. Byrne explains why forecast accuracy is moving in the wrong direction and what companies can do to correct this trend.

Flextronics will acquire Motorola Mobility's manufacturing operations in Tianjin, China, and will also assume the management and operation of its Jaguariuna, Brazil, facility. Employees and assets at both locations will transfer to Flextronics after the transaction closes.

The number of Wi-Fi enabled devices shipped in 2012 is expected to surpass 1.5 billion. Growth is occurring across many markets, including mobile handsets, laptops, media tablets, printers, TVs and automotive.

You'd expect to see headlines like this - 'Launch of New Apple iPhone Causes Riots - when consumers beat down doors and trample each other, yet these riots were in China, among workers at Foxconn, a major supplier to Apple and other U.S. companies.

Syspro, a vendor of enterprise resource planning (ERP) software for small and mid-sized manufactures and distributors, has announced several new products. The company will soon be debuting an App Store which will extend the availability of its ERP offering within its partner and user community.