An Australian court fined Apple $6.7 million for violating consumer law by refusing to update software on devices that were repaired by nonapproved companies.
Leaders must remain focused on the business-facing benefits of new technologies, not the hype surrounding them, says Rockwell Automation's Richard Sturt. Understand how a technology will help with areas such as agility, profit and customer engagement.
A Verizon report shows that intellectual property theft is the goal of at least 50% of manufacturing cyberattacks, with some of those coming from within, writes Larry Thompson, president and chief financial officer of Veriato. Companies should develop a high-level team to develop a strategy and assign risk levels to every job, he writes.
Production of electronics components can't keep pace with demand, so companies should prepare for supply issues now and be realistic about expectations, East West Manufacturing executive Steven Lustig writes. "If you create your process now, during the crisis, the agreement is already in place," he explains.
Internet of things tools and big data are giving supply chain operators an unprecedented level of supply chain visibility, writes Dagny Dukach. "For example, manufacturers can use data analysis tools like SPC (Statistical Process Control) to identify outliers and improve the quality levels of their supply chain processes," Dukach writes.
Proper precautions must be taken at facilities that store or handle flammable materials, such as keeping them away from ignition sources and ensuring ventilation in storage areas, writes Megan Ray Nichols. A good labeling system and employee training are also beneficial.
The City Council in Joplin, Mo., has approved an extra one-cent sales tax to be collected by Northpark Mall. The funds will be used to pay back bonds that funded renovations, stormwater drainage and other work.
Goldenberg Group has purchased a 30,100-square-foot parking lot in Philadelphia for $24.13 million. This parcel, along with an adjacent parcel, may allow the organization to develop a shopping, office and hotel center.
Google has unveiled a suite of new advertising features for retailers, including price benchmarking for Google Shopping advertisers and affiliate location extensions for display and search ads to help users identify nearby product availability. The company is also introducing a local catalog mobile advertising format for Google Display Network.