At least half of Fortune 500 companies don't bother to translate their online information, which is alarming given that 70 percent of people using the internet are not native English speakers, says a study from One Hour Translation.
A simplified "Product of Canada and the USA" labeling system should apply to beef and pork as well as livestock raised, processed, and traded between Canada and the United States, says a study released by the Fraser Institute, a Canadian public policy think tank, and the Competitive Enterprise Institute of Washington, DC.
Negotiating a good outsourcing agreement involves much more than just achieving the pricing you desire. As you go through the process, you will go through the normal "give and take" discussions as you work with your potential provider(s). However, it is important that you do not focus solely on pricing.
With all of the advances in forecasting technology and software, it's tempting to conclude that people don't need to play a direct role in the process anymore. But the opposite is true, says Jonathon Karelse, vice president of corporate development and strategic planning with Wholesale Tire Distributors.
More than 60 percent of surveyed companies view logistics as non-strategic, yet expectations for near-perfect performance are placing increasing stress on global logistics organizations, according to research and advisory firm Gartner Inc.
There are two major challenges that companies face today in forecasting, says Bob Leonard, vice president of sales with Forecast Pro. One is the push to drive down to more detail, including smaller time buckets. The other is the need to treat forecasting as an analytical task, instead of just clerical work.
More than 80 per cent of small- to mid-sized businesses are concerned about customs delays impacting their ability to properly manage their business - yet nearly a third say they tend to ignore the myriad of changes to government regulations and hope for the best when transporting their goods across international borders.
Downstream demand signals have been available in the retail world for some time now, but it has taken a while for suppliers to take full advantage of them. Mark Kremblewski, global business expert in demand planning with Procter & Gamble, likens the situation to the mining industry, which trades in deposits of both high- and low-grade ore. The latter type is more plentiful, but it's the first that offers the biggest payback from a better use of demand data in unpredictable situations.
Traceability always has been important to dairy cooperative Agri-Mark, but it has become even more of a focus since passage in 2010 of The Food Safety Modernization Act, which gives the Food and Drug Administration the right to make product recalls mandatory, rather than voluntary.
The Obama administration ordered tariffs of 31 percent and higher on solar panels imported from China, escalating a simmering trade dispute with China over a case that has sharply divided American interests in the growing clean-energy industry.