The Panama Canal's new locks will probably not be ready for their scheduled opening in October 2014, but will be ready for a trial run by a vessel in December, said Jorge Quijano, the engineer in charge of building the canal's third set of locks.
Slow-moving merchandise is one of the many nightmares an online retailer has to consider - and a problem that needs to be addressed. Non-moving inventory stresses both retailers' operations and budgets because it ties up both precious warehouse space and capital that can be used for other products or business expansion.
With much of the developed world mired in slow growth and fiscal austerity, many companies find the strong economies and rising incomes of certain emerging markets quite attractive. But there's a catch: talent is increasingly difficult to find and hold onto in such countries as Brazil, Russia, India, and China (BRIC).
Managers of information technology systems in both the private and public sectors have had their hands full dealing with security breaches that come from hackers invading IT systems. Increasingly, however, IT systems are becoming vulnerable from another channel - the actual supply chain sources of both hardware equipment and software programs.
New York and London remain the world's most global cities, while major emerging-market cities strengthened their ability to challenge global leaders in the next 10 to 20 years, according to the 2012 A.T. Kearney Global Cities Index.
Company supply chains are now better able to handle market uncertainty, according to the 2012 Global Supply Chain Agenda study from Capgemini. The study reveals that ongoing uncertainty around the global economy and euro zone crisis is having a significant impact on supply chain strategies at every level.
From sourcing to delivery, the supply chain is now the most horizontal function in the enterprise, says Tony Pittman, director of global procurement at HP. And any role that has such wide-ranging impact, from how money is spent to affecting the customer's experience, needs highly trained managers and workers.
The latest supply-chain news, analysis, trends and tools for executives in the consumer packaged goods industry. Learn how consumer packaged goods companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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