Challenge: As a quickly growing business, one of the world's largest infrastructure and irrigation equipment providers realized its existing approach to managing freight invoices wasn't keeping up. An entirely manual process – from tearing envelopes to rubber stamping G/L codes – the company was not only wasting valuable time and resources, but encountering costly errors.
Once upon a time, new fashion collections were introduced in the fall and spring. Socialites followed the runway shows to select looks for their charity balls. Families went "back-to-school" wardrobe shopping. Spring looks showcased lightweight fabrics and pastels. A smaller winter show featured cruise wear.
GAM Enterprises Inc., a manufacturer of precision mechanical components used in factory automation, began moving operations back to the U.S. from Germany three years ago to hold on to customers frustrated by long lead times and shipping delays.
With sales of its respiratory drugs doing well, GlaxoSmithKline has been spending hundreds of millions of dollars to expand manufacturing of several kinds of inhalers. But a glitch at one of its Ventolin inhaler plants has resulted in recalling nearly 600,000 units in the U.S.
German sportswear giant Adidas says it will start selling shoes with 3-D printed soles, taking a new step in expanding its customized sporting goods range.
Robots have long been maligned for job-snatching. Now you can add depressing wages and promoting inequality to your list of automation-related grievances.
German manufacturing growth reached an almost six-year high in March, driven by a sharp increase in orders for intermediate goods, a recent survey showed, suggesting the sector will contribute to an economic expansion in the first quarter.
Leal Indústria e Comércio, a manufacturer of personal protective equipment (PPE), says it has reduced its customers' ordering times by 20 percent. This result was achieved thanks to the use of a radio frequency identification solution developed by PC Sistemas, a company acquired by Totvs, which also provides the enterprise resource planning (ERP) system used by Leal.
Analyst Insight: International e-commerce, also known as cross-border e-commerce, is growing at a rapid rate, but is faced with a number of challenges such as currency, delivery times, customs and returns. As a result, logistics providers such as FedEx, UPS and Pitney Bowes have acquired niche players to expand international e-commerce capabilities. Combined with these niche players, logistics providers are utilizing global gateways to reduce costs and delivery times. - Melissa Runge, vice president of analytical solutions, Spend Management
In a move that Intelligent Energy says will make supply chains more efficient, the clean energy company has signed a deal with PINC to supply air cooled fuel cell systems for unmanned aerial vehicles (UAVs).