Despite a concerted push to expand their overseas presence in recent decades, few companies are ready to build and run truly global organizations and operations, according to a survey of executives conducted jointly by The Boston Consulting Group and IMD business school.
Relocation of manufacturing and product sourcing to emerging economies is no longer the gold standard for global businesses, according to a study from the University of Tennessee, Knoxville's, Global Supply Chain Institute.
Goodman Group, Australia's largest listed industrial property group, announced that its wholly owned North American subsidiary, Goodman Birtcher, has launched development of a $150m logistics center at Rancho Cucamonga in the Inland Empire West market of Southern California.
London Heathrow is the most expensive logistics location in the world, according to a new report by DTZ. The property solutions firm's Global Occupancy Costs Logistics 2013 report reveals that renting a logistics facility around the London airport will cost $313 per square meter a year.
British retailer Marks & Spencer (M&S) has signed an agreement with DP World London Gateway to build a major distribution centre at the new deep-sea container port and logistics park in South Essex at an estimated cost of $311m.
When Marcos Purty arrived here in 2011 as the chief of General Motors' Indonesian operations, he found a mothballed auto plant. Today, that plant is humming. About 700 people work in the facility, 16 miles east of Jakarta, compared with about 30 just 18 months ago. And next month, GM will start delivering its first Indonesian-built vehicle in years, the Chevrolet Spin.
DHL Supply Chain is constructing a state-of-the-art logistics center for the Tom Tailor Group in Hamburg. The two companies have been working together successfully since 2008 and are now looking to consolidate the partnership in the longer term.
Long a go-to for corporate cost cutting, corporate real estate has turned a corner and is becoming a solid productivity driver, with CEOs starting to reap the rewards of enhanced revenue, shareholder value and employee performance. A new Jones Lang LaSalle report reveals that companies that view real estate assets singularly as a source of short-term cost reduction are actually incurring hidden long-term financial and operational risks.