China's home-grown C919 passenger jet completed its long-delayed maiden flight last week, a major first step for Beijing as it looks to raise its profile in the global aviation market and boost high-tech manufacturing at home.
Campbell Soup Co. is cutting freight costs and improving operational efficiencies - as well as significantly decreasing carbon dioxide emissions - by opening an on-site PET bottle-making plant at a Campbell Soup Co. facility in Paris, Texas. The bottle-making company, Amcor Rigid Plastics, previously supplied the Paris site from its plant in Fort Worth.
For General Electric Co. and its rivals expanding their manufacturing operations using 3-D printing, Europe is emerging as a dominant source of the latest technologies.
Most manufacturers understand that skillful management of service parts operations is critical to reducing costs and optimizing stock levels throughout a supply chain network. But very few are actively leveraging the after-sales side of business as a source of greater profits.
New government regulations of the drug industry drove the need for a more responsive, feature-rich and flexible EDI environment - but that created opportunities for one pharmaceutical company.
Perhaps the most overworked word in the supply chain management lexicon is "visibility." Yet it's difficult to overstate the importance of a view into what's going on in the supply chain. After all, you can't source, make, move, store, deliver, measure or improve what you can't see. At the same time, the value of supply chain visibility is lessened if it isn't comprehensive — encompassing the supply chain from one end to the other, from upstream to downstream.
The first quarter has ended, yet your company has yet to get its arms around how to leverage technology to compete, remain in business and improve the customer experience. Let's explore some key recommendations that all businesses should be considering as they embark on the ever-changing business technology landscape.
It seems everywhere you look, traditional original equipment manufacturers (OEMs) are investing heavily in artificial intelligence (AI). Ford recently announced its plans to invest $1bn over the next five years in Argo AI, a start-up formed just in December whose focus is the development of autonomous vehicles. Similarly, last year GM invested $1bn when it acquired Cruise Automation, another AI start-up.
In line with the hyper growth of e-commerce activity there, Amazon is expanding its operations in India by adding seven new fulfillment centers. MoneyControl.com reported that Amazon India plans to invest $5bn in its facilities by the end of June.
Born from the obscure "bitcoin" universe as a foolproof method to keep track of transactions, and now gaining popularity in the banking and finance world, blockchain is emerging in the logistics arena. This once-little-known technology may be a potential solution to the problem of providing transparency in the supply chain while still keeping shippers' and forwarders' proprietary information private.