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Strategy

McKinsey Sees Global Opportunities for US Manufacturers

The economics research arm of McKinsey & Co. released new research that outlines opportunities to boost manufacturing by up to $530 billion or 20% by 2025. The report from McKinsey Global Institute (MGI), Making it in America:…

Drug Firm Offers Plan to Fight Opioid Abuse

The pharmaceutical company Mallinckrodt plc (NYSE: MNK) has proposed a  "Prescription for America's Opioid Epidemic," six policy initiatives that the company believes would significantly advance the fight against prescription drug abuse and…

Are you prepared for a corporate crisis?

By Sanjay Kalavar and Mihir Mysore McKinsey & Co. No one can predict when disaster will strike—but knowing what to expect if it does will buy precious time. Imagine yourself as a top executive in a company hit by a major crisis…

AI Is Helping to Reshape Retailing

Exponential progress in artificial intelligence (AI) and machine learning, fueled by the combination of cloud, big data and new algorithms, is transforming the retail industry, according to a study by Frost & Sullivan. As AI…

ISM Helping Managers Deal With Economic Uncertainty

In today's volatile global market place, says the Institute for Supply Management (ISM), purchasing and procurement executives face a major challenge: how to negotiate purchasing agreements during times of geopolitical and trade policy…

IBM, Indiegogo and Arrow to Back IOT Startups

Feb 16, 2017 - IBM announced a partnership with Indiegogo and Arrow Electronics to help bring new Internet of Things (IoT) ideas to life. The collaboration brings IBM's Watson IoT platform and cloud services together with services from…

Auto Market Steering Into a Changing Future

Feb 15, 2017 - The North American light vehicle market is on the verge of confronting significant changes which will lead the industry to a very precarious condition. The once stable and evolving industry is now getting ready for a major…

Additive Manufacturing Predictions

January 03, 2017 - SmarTech Publishing, an industry analyst in the additive manufacturing and 3D printing space, has released predictions for additive manufacturing in 2017. The company says 2016 saw significant growth in adoption of…

Millennials Are Fickle Shoppers

December 13, 2016 - About 67% of millennials admit to having switched one of their favorite brands in the past 12 months. Often supply chain and logistics issues are the factors that spur 18- to 34-year-olds to turn on their favorite…

Blockchain Being Used By Energy Industry

December 13, 2016 - Blockchain, the technology that first came to prominence with the cryptocurrency bitcoin, is now spreading to industries beyond finance, with the energy industry an early leader, according to a study by Lux Research.…

ORTEC Launches Big Data Portal

June 15, 2016 - ORTEC Consulting, a specialist in analytics, announced the launch of its Big Data Portal for Analytics as a Service. The portal combines data storage, processing, analysis and advanced visualization in a user-friendly…

Konica Minolta Revamps Leadership Team

May 05, 2016 - Konica Minolta Business Solutions U.S.A., Inc. announced organizational changes under its newly appointed Chief Executive Officer, Rick Taylor. Hiro Okazaki has been promoted to Executive Vice President of Strategic…

Trillium Solution for Big Data Analytics

Feb 2, 2016 - Trillium Software, a provider of global data quality solutions, announced the launch of Trillium Refine, a solution that integrates self-service data preparation and industry-leading data quality capabilities to optimize Big…

Datamyne Acquires Zepol

October 27, 2015 - Datamyne, a provider of global business intelligence based on multinational trade data, announced that it has completed the acquisition of Zepol Corporation, a Minneapolis-based provider of online trade data tools. "As…

‘Data Deficit’ Makes Job of CFO Challenging

June 17, 2015 - Over 46% of CFOs rely on "gut-feel" and instinct to make business decisions in lieu of fast access to accurate internal data, a practice that can delay decision making, introduce errors, and erode profitability. These are…

TECSYS Focuses on Complex Supply Chains

June 9, 2015 - TECSYS Inc., a Montreal-based supply chain management software company, announced a strategic initiative aimed at increasing its market share of organizations with complex supply chains. The company noted that today's…

Battelle Wins $30 Million Army Contract

May 28, 2015 - The Department of the Army has selected Battelle to provide Logistics Process and Analytical Support services. The work has an estimated multi-year value of $30 million. The Army is conducting detailed planning and…

Leadership Changes at NuVasive

January 12, 2015 - NuVasive, Inc., a San Diego-based medical device company, announced changes to its leadership team. Pat Miles, NuVasive's current President of Global Products and Services, will assume an expanded role as President and…

CPG Must Plan for a Digital Future

Aug 28, 2014- Consumer packaged goods (CPG) companies need to plan for a "1-5-10" market in the United States during the next five years, in which digital's current 1% penetration will likely expand to 5% and could accelerate to as much as…