Across industries, manufacturers pride themselves on quality but put top emphasis on reducing overall costs. And while these may seem like conflicting priorities, they can be explained by the concurrent demands of the internal economic drivers of an organization and the external customer requirements for quality and efficiency. As such, these priorities are here to stay, especially as the consumer becomes increasingly empowered and publicly vocal. In recent years, product quality and safety have become tightly integrated with traceability and supplier scorecards. But for manufacturers with foresight to proactively implement a comprehensive traceability system before a contamination problem occurs, there is an opportunity to provide their organizations with the ability to dramatically improve response time, implement corrective measures, and minimize repercussions to the bottom line and the brand, should a problem arise.

In the developed world, electricity is cheap and as available as the nearest outlet. But in off-the-grid Africa, energy poverty is endemic. With national grid expansion lagging well behind growth in demand, increasingly Africans are looking not to centralized, fossil fuel-based solutions, but to the sun.

Rising and increasingly volatile costs dominate retailers' top challenges sourcing private label goods, while changes in consumer behavior fueled by mobility and online shopping are driving the strategic importance of private label sourcing, according to Deloitte's study entitled Private Label Sourcing: Strategies to Differentiate and Defend.

The profit economy. You won't get a lot of results if you Google the words. It's not a commonly heard term in the business world. You might even ask if it makes any sense. Isn't the economy all about profit?

As head of IT for Global Supply Chain Solutions at Ryder, a major third-party logistics provider, Gregory Knott well understands the issues surrounding technology integration between third parties and customers. Here he offers useful advice to outsourcing partners on both sides of a contract.