You think you've had bad customer service buying products online - how about the guy in India who ordered his wife a Samsung smartphone, and the package arrived with only a brick and a bar of soap in it!
There has been a explosion in the number of mobile communications devices, both on the consumer and business sides. Alec Saunders, vice president of QNX Cloud with BlackBerry subsidiary QNX Software System, talks about how that trend intersects with the development of the Internet of Things, and what the future of the technology looks like.
When executives in business-to-business markets think about pricing their products, they often raise the white flag before even stepping onto the battlefield. Over the years, they've accumulated beliefs that limit their pricing effectiveness.
Five beliefs, in particular, have become ingrained in many companies to the point that they seem immovable.
As manufacturers continue to competitively differentiate themselves within various industry settings, after-sales service will increasingly become more important in their overall business and profitability strategy, according to Business Strategy: Spare Parts Planning for Service Excellence, a report from IDC Manufacturing Insights. In fact, many discrete manufacturers can expect to capture upward of 30 percent of revenue from service and service-based product strategies.
New product forecasting is one of the toughest demand management challenges, especially for the 15 to 20 percent of product launches that are "revolutionary." Charlie Chase, advisory industry consultant at SAS, explains how advances in technology are improving this process.
The technology surrounding point-of-sale data has improved tremendously in recent years and companies are making much better use of this information, says Tina Lalor, senior business consultant with John Galt Solutions.
Wireless broadband, with signals capable of passing through trees and buildings, is providing companies with a new means of reaching the "last mile" of their communications infrastructure, according to Barlow Keener, principal of the Keener Law Group.
The overall shortage of supply chain talent is particularly critical in demand management, says Jason Breault of LifeWork Search. He explains reasons and remedies.
Speed, Efficiency, Optimization. For many companies, actualizing this powerful trio can seem more like a dream than a concrete, achievable supply-chain goal. There are ways to realize all three, and the evolving excellence of supply chain technology is providing more and more opportunity to do so. Enter Big Calculations: the act of optimizing your business in real time, to create fast and efficient results.