Back to the Future: Pricing Still Center Stage

The procurement profession has been working to take its rightful place in strategic planning for the organization. Although we've moved forward, with more large organizations naming a chief procurement officer (CPO), the reality of business pressures remain, keeping procurement pros focused, to some extent on pricing rather than strategy. That was a key takeaway from…

Omnichannel Delivers Competitive Retail Edge

The retail market, especially the electronics retail market, is among the most cutthroat of all. CEOs who transform their business models with an eye to delivering a seamless omnichannel shopping experience will pull ahead of the competition, a new survey from JDA Software Group done by PwC, predicted. “Certainly, every retailer is grappling with how…

Consumer Robots in 10% of Homes by 2020

The robots are coming! This is something we've known for a while. Industrial robots, mostly used on assembly lines, have been around for decades, and their use is still growing exponentially. Consumer robots, on the other hand, have been moving into our lives at a slow pace. But that is about to change. Recently, Juniper…

U.S. Manufacturing CFOs Optimistic About Business Prospects

Prime Advantage polled US manufacturing executives about their financial concerns of industrial manufacturing companies and found that they believe the prospects of their individual companies exceed that of the general economy. “The results of our 2016 CFO Survey indicate a continuing state of manufacturing optimism, coupled with strong expectations for increased revenue for our members…

Happy Workers = Happy Supply Chain

As the supply chain and procurement departments become increasingly strategic, large OEMs should start looking at employee happiness. Research indicates that happy employees are productive employees. Researchers in the economics department at the University of Warwick, in fact, found that happy individuals were approximately 12% more productive than average. Further, satisfied employees are healthier, more…

5 Ways IPS Can Impact Warehouse Operations

Companies that focus on logistics and warehouse management perpetually search for better ways of increasing productivity, cutting costs, and improving safety for both workers and goods. With indoor positioning system (IPS) software and a handheld device such as smartphone, IPS technology can assist manufacturing staff by helping them get where they want to go within…