Online retailers in key African markets are stepping up efforts to prevent fraud and gain the trust of consumers in order to encourage online payments in a region where, because of the vast numbers of mobile users, the potential for e-commerce is enormous.
The consumer packaged goods sector is a giant with global sales exceeding $550bn. The markets that make up this global sector are diverse in character and research for Ti's latest report, Global CPG Logistics 2015, has identified the key differences between them.
Despite the well-publicized slowdown in economic growth, overall consumer sentiment in China can still be described as cautiously optimistic. More precisely, caution characterizes the lower end of the consumer market, while optimism envelops the high end. China, in other words, has become a two-speed consumer market. The optimistic, "high-speed" consumer market disproportionately consists of middle- to upper-middle-class and affluent households. These consumers also make up the bulk of the digital class of active online shoppers.
Sometime this summer, a United Airlines flight will take off from Los Angeles International Airport bound for San Francisco using fuel generated from farm waste and oils derived from animal fats.
Onshoring has become a major trend in the United States. U.S.-based companies are increasingly pulling their overseas manufacturing efforts and setting up shop in the States. How are they meeting their needs for heavy equipment?
Thanks to advancing capabilities and greater accessibility, the use of drones is continuing to increase. In fact, global drone sales reached $4.3m in 2015, a 167-percent jump from two years ago. This surge should come as no surprise as people find more and more useful ways to put drones to work.
There's been a great myth sweeping across the world of procurement. It's come about as procurement technology has grown widespread and companies are vying for customers to sign onto their solutions. The myth takes the form of an eraser, scrubbing away the lines between direct and indirect procurement.
Over the past few decades, the rise of emerging markets - initially as sources of cheap labor and then as rapidly growing consumer markets and centers of capital investment and innovation - has caused most companies of size and stature to enlarge their global ambitions. But despite this concerted push to globalize, few companies are ready to build and run truly global organizations and operations.