If there’s such obvious value in getting customers to interact with your business online, why are so many companies, B2B in particular, still operating in person and over the phone? Maybe they’ve cornered a market. But frankly, betting on past analog strategies to support a company in the current and future digital market virtually guarantees failure along the lines of Blockbuster, Borders, Circuit City, CompUSA and others.
The survey gathered insights from 300+ business professionals responsible for ethics and compliance activities. It explored how and whether they have implemented policies to mitigate the risks of doing business with third parties overseas. Survey respondents largely acknowledged the risk, but 71 percent admitted they do not track information on some or all of their third party relationships.
Many smaller suppliers went under during the recession and after the 2011 earthquake and tsunami in Japan, leaving larger companies with tighter production capacity as the buying market rebounded, Sharland said.
An SAP user since 2006, Purcell Systems found over time that financial reporting from its big ERP system was inefficient, especially as managers began to request more information more quickly. By 2012, the company seriously needed a way to expedite both ad-hoc and standard financial reporting processes.
A company that makes battery-operated vehicles that children can ride said Monday it will spend $6.5 million to renovate a Rogers manufacturing site and hire 74 workers who will build products exclusively for Wal-Mart.Redman & Associates said production will begin in 2014.
Wal-Mart Asia President and CEO Scott Price is among hundreds of business leaders gathered for a conference on the sidelines of the annual summit of the Asia-Pacific Economic Cooperation forum, which promotes regional market opening and cooperation.
Within three years, a Boston Consulting Group analysis concludes that rising Chinese wages, higher U.S. productivity, a weaker dollar, and other factors will virtually close the cost gap between the U.S. and China for many goods consumed in North America.
Industry insiders have been talking about reshoring for years. But progress has come only recently. The stars have aligned because at the same time that U.S. manufacturing has come back with new strengths, the business benefits of offshoring have dwindled.
Imagine having manufacturing software features like automatic updates, unlimited capacity upgrades, built-in disaster recovery and universal remote access capabilities, among others. Sound too good to be true? It’s not. Cloud platforms are already bringing this level of functionality to manufacturing businesses, and without the capital expenditures and lifecycle maintenance costs.
Basic or non-existent e-commerce functionality does not match B2B purchaser preferences according to the hybris 2012 State of B2B E-Commerce study, which indicates that 88 percent of B2B buyers would primarily make business purchases online if given the option.
This educational webinar from Manufacturing.net will highlight the most critical trends in the burgeoning intersection between electronic commerce (e-commerce) and manufacturing. Raj Kumar will be joining us to kick off the webinar with a discussion of the broad trends that are making e-commerce a necessary addition to an already-growing contingent of enterprise-level software solutions.
While the booming era of “going green” and “sustainability” in manufacturing has come and gone over the last few years, there are still innovative manufacturers that are working hard to reduce their impact on the environment. Interface Inc. has taken those efforts to another level with a program that not only utilizes recycled materials, but also helps impoverished farmers across the globe make a better living.
Insite Software, a leading provider of B2B eCommerce platforms and shipping solutions with more than 950 customers worldwide, today announced it will host a strategy workshop session, “Unleashing Your Future with a B2B eCommerce Strategy,” on Oct. 31 during UnleashWD, the first and only conference dedicated to bringing B2B innovation to the wholesale distribution industry.
The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a new Interagency Agreement with the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) that will make it easier for manufacturers and transit agencies to identify domestically made products, such as rolling stock and other steel and iron components that comply with FTA’s “Buy America” rules.
On today’s episode, we take a look into the logistic systems for rapid moving consumer goods. Helping to guide our conversation is Antonio Rodrigues, the U.S. Director of Sales for Pcdata Inc. Pcdata is the global market leader in logistics systems for industrial bakeries, and the partner of choice for clients in North America, Europe, Asia and Australia.
Mobile solutions, i.e. software for PDAs and smartphones, have an enormous potential to improve efficiency and save big money for companies that today rely on time-consuming paper-based solutions. However, the transition from paper-based/manual/traditional solutions to advanced mobile solutions is filled with pitfalls.
Food companies are tasked with managing the growing complexity on both sides of the business — in the supply chain and in delivery to consumers. The web and cloud technology are playing a major role in this transformation.
Whether we like it or not, globalization has been a major factor in the staying power of many manufacturers. The practice of scattering production, jobs and plants across the globe has delivered great benefits to the consumer and the manufacturer.
A federal judge has refused to block new rules that require the meat industry to include specific information about the origin of their products on labels. But industry groups say they'll continue fighting.The new rules took effect in May.
About once a year (usually during the Christmas holiday) we also delve into the depths of the dry goods cabinets, tossing some of the stuff that hasn’t moved, and restocking everything else neatly according to item, shape, size etc. If we’re lucky, the fruits of those labors might last until New Year’s Day. So why do I tell you all this, and what does it have to do with inventory?
For quite some time the subset of countries known as the BRICs have been the primary targets of U.S. manufacturers looking for either less expensive production settings or a new market in which to grow. I recently sat down with Kishore Rao, principal and lead consulting partner for the Emerging Markets practice at Deloitte Consulting LLC to discuss their continued impact, and possible replacements.
hybris today announced the full schedule and speaker lineup for the Game Plan B2B E-Commerce Forum, being held in Chicago, IL from Oct. 8 – 9, 2013. Game Plan is an open forum where manufacturing, wholesaling and distribution executives gain insight from thought leaders and industry peers about their experiences in developing e-commerce strategies for customer demands.
Manufacturers recognize the cost associated with a supplier failure. The repercussions impact the entire supply network like an immediate domino effect where nobody wins. When a supplier fails, there is also the added cost of changing out or replacing the pieces being supplied. When you consider the impact across the business, all three departments need to recognize the urgency to partner with suppliers.
Economic activity in the manufacturing sector expanded in August for the third consecutive month, and the overall economy grew for the 51st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Questions about low sugar prices, dry growing conditions, discolored product and a bloated North American market due in large part to Mexican exports had American Crystal Sugar Co. officials reeling in recent weeks. But CEO David Berg told employees this week on the company blog about plans by Mexico's soft drink industry to buy more of its own cane sugar.