The Industrial Internet of Things (IIoT), the sophisticated, connected B2B sibling of IoT, is still in its relative infancy. Yet, companies which don't take baby steps now might soon find themselves scrambling to keep up with faster-maturing peers on the path to the optimized, synchronized, automated manufacturing vision of “Industry 4.0.”
The business case for more women in manufacturing leadership is strong. Research has shown that there is a verifiable link between women in leadership and improved business performance.
DHL Express has published research highlighting growth opportunity for retailers and manufacturers with an international online product offering. The report, "The 21st Century Spice Trade: A Guide to the Cross-Border E-Commerce Opportunity," looks at the markets and products that offer the highest growth potential, the motivations and preferences of customers making international online purchases and the success factors for online retailers that wish to expand overseas.
Firing yet another salvo in its ongoing e-commerce war with Amazon, Walmart is eliminating its fee-based ShippingPass program less than a year after it was created to counter to Amazon Prime, instead offering free two-day shipping on 2 million items at a $35 order threshold.
British supermarkets have taken to rationing shoppers to three iceberg lettuces per visit after bad weather hit growing conditions in Spain, leading to a shortage in supplies that is set to continue through to March.
What to say? As corporate chieftains prepare for a round of no doubt excruciatingly painful fourth-quarter conference calls with Wall Street, they find themselves on unusually uncertain ground.
U.K.-based luxury clothing and shirt retailer Thomas Pink launched an Internet of Things pilot at its Wall Street store in New York City this month that features ultrahigh-frequency (UHF) RFID technology to track the movement of merchandise in real time throughout the business, and RetailNext camera-based technology.
The use of radio frequency identification technology at Macy's stores has boosted the global retailer's rate of on-shelf display compliance and overall inventory accuracy, while also lifting customer satisfaction and enhancing omnichannel fulfillment based on in-store, single-unit accuracy, according to a report released by The Platt Retail Institute (PRI), developed in cooperation with the Northwestern Retail Analytics Council (RAC).
U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins.