According to a 2015 World Economic Forum study, organizations can increase revenue up to 20 percent and boost brand value up to 30 percent by investing in supply chain sustainability. But are organizations taking action to realize these benefits? And if so, how?
A drone service delivering blood for transfusions has been launched by the president of Rwanda. The drones are expected to make between 50 and 150 life-saving deliveries a day to remote and inaccessible clinics across the western half of the country, according to Zipline, the company behind the technology.
The vision of the so-called internet of things - giving all sorts of physical things a digital makeover - has been years ahead of reality. But that gap is closing fast, according to Gartner, a research firm. Today, the range of things being computerized and connected to networks is stunning, from watches, appliances and clothing to cars, jet engines and factory equipment. Even roadways and farm fields are being upgraded with digital sensors. In the last two years, the number of internet-of-things devices in the world has surged nearly 70 percent to 6.4 billion, Gartner says. By 2020, the firm forecasts, the internet-of-things population will reach 20.8 billion.
A range of shipping organizations are putting pressure on the International Maritime Organization to act on air emissions ahead of the marine environmental committee meeting (MEPC 70) in late October. The meeting is scheduled to discuss policy measures for the shipping sector in terms of CO2 reduction and whether or not to postpone the global 0.5 percent sulfur cap planned for 2020.
A September survey by the Risk and Insurance Management Society found that 80 percent of the companies bought a stand-alone cybersecurity policy in 2016, suggesting policies covering exclusively cyber exposures may now be the norm for many large companies.
Bank stocks have been shaken after a steep drop in China's exports made investors worry again about the health of the world's second-largest economy. U.S. stocks gradually recovered most of their losses as safer investments such as utilities traded higher, the Associated Press reported.
Ten years ago this September Airbus's first A380 superjumbo, laden with passengers, took to the skies over Toulouse. Airbus's bosses said they hoped that the world's largest jetliner, the first with two full decks, would help the European planemaker get even with its American rival, Boeing. But problems quickly mounted.
China's September exports fell 10 percent from a year earlier, while imports shrank 1.9 percent after picking up in August, suggesting signs of steadying in the world's second-largest economy may be short-lived.
Challenge: This top-tier athletic footwear manufacturer relied on manually-intensive methods for managing purchase orders and found it difficult to track inbound shipments for complete end-to-end visibility. The company needed quicker access to supplier information and purchase order information with several hundred vendors and factories more efficiently.
More than a month after major Korean freighter line Hanjin shut down due to financial issues, the effects are still being felt by retailers in terms of shipment delays from Asia.