Analyst Insight: Digital business creates new opportunities for consumer packaged goods companies to transact directly to their end consumers. Digital business is information-enabled business that employs an abundance of new information in ways that better service customers. Bottom-line digital business offers the potential to transform the way that CPG companies interact with and serve their customers allowing them to create new operating models that tighten the bonds with their end consumer, which has the potential to transmogrify the CPG industry. - Dwight Klappich, Vice President, Supply Chain Research, Gartner
Jaguar Land Rover and the Engineering and Physical Sciences Research Council (EPSRC), along with four of the UK's leading universities, have announced a Â£10m virtual engineering research programme designed to improve the quality and capabilities of simulation, using sights, sounds and even smells to make virtual simulation more realistic.
Penske Logistics has become a sponsor of the 2014 edition of the annual Third-Party Logistics Study, joining Capgemini Consulting, Penn State University's Center for Supply Chain Research, Korn/Ferry International and eyefortransport.