Over the next three years, manufacturers increasingly plan to use service as a competitive differentiator and aim to grow business through product service innovation and value-added services for existing products, according to Business Strategy: Modernizing the Service Chain with Smart Technology, a report from IDC Manufacturing Insights.
Challenge: Struggling with inefficiencies in their customs processes, a growing foodservice company importing produce from Mexico needed help navigating the complex regulations and documentation requirements from Mexican customs authorities and the multiple regulatory bodies in the U.S.
Goodman Group and Canada Pension Plan Investment Board jointly announced a US$500m increase to their equity allocation to Goodman China Logistics Holding (GCLH), with $400m contributed by CPPIB and $100million by Goodman.
Supply chain, logistics and warehouse operations are at the heart of most companies' physical processes, either inbound into production or outbound to customers. This is never truer than for the food and beverage manufacturing industry in the UK.
Jeff Hedges, president of OPEX Material Handling, outlines some of the major challenges confronting e-commerce providers, including rising costs, tax issues and global regulation.
Although commercial vehicle orders slipped month over month in June, there was still good news to be had. Class 8 net orders fell below 20,000 units for the first time since last September at 18,830 units.