The heart of a global business has always been the operations by which it buys, makes and moves what it sells to customers. Yet only 45 percent of supply chain and 40 percent of procurement executives at U.S.-based global companies say they are extremely or very confident that their supply chain organizations have the competencies they need today, according to the 2015 Supply Chain Survey from Deloitte.
Retailers worldwide lose a staggering $1.75tr annually due to the cost of overstocks, out-of-stocks and needless returns, according to research released from retail analyst firm IHL Group, commissioned by OrderDynamics, a Big Data prescriptive analytics software company.
A roof-raising trade gap in March highlighted concerns that the rise of the dollar against other currencies was weakening the economy, chipping away at the ability of American manufacturers to compete abroad while encouraging more imports to fill retailers' shelves.
During the 4th quarter of 2014, a record number of crimeware variants were detected, all designed to defeat antivirus software, according to a report from the Anti-Phishing Working Group. Meanwhile, phishers increasingly targeted retail and service sites, hoping to take advantage of the burgeoning numbers of online shoppers.
APICS and American Society of Transportation and Logistics (AST&L) announced that the boards of directors of both organizations have approved an agreement under which AST&L will merge with APICS upon ratification by an AST&L member vote.
A top federal health official and hundreds of environmental scientists on Friday voiced new health concerns about a common class of chemicals used in products as varied as pizza boxes and carpet treatments.