More truck fleets are focusing on dedicated services where they provide freight-hauling to specific manufacturers or retailers. This provides predictability as trucking companies brace for continued weak demand from shippers.
Fortune Magazine's annual list of most-admired companies included industry-specific categories, with W.W. Grainger leading among diversified wholesalers, Arrow Electronics topping the list of electronics and office equipment wholesalers and McKesson leading among health care wholesalers.
Home Depot credits much of its 6.9% fiscal 2016 sales growth with its acquisition of Interline Brands, and expects the growth to continue through 2017. "On the growth assumptions, we are assuming that Interline will grow faster than the company average in 2017, which was true in the fourth quarter as well," said Home Depot finance chief Carol Tome.
Ace Hardware's fourth-quarter net income increased by 77.7% on a 5.8% increase in revenue. For the full year, net income was up 3.2% from the prior year.
Chris Cunnane outlines trends driving innovation in omnichannel fulfillment, as well as the infrastructure and technology gaps that often hinder investment.
Sensors can alert manufacturers when there is a change in temperature or pressure, as well as speed, flow, tank levels and other important considerations. This article addresses 10 such uses and an application for each.
Manufacturers will inevitably find they need to modernize operations, and they should keep in mind that this is not a quick process, writes Scott Lapcewich of Rockwell Automation. This can be done during a downtime event or over several stages, depending on your needs and setup.
Gartner executive Matt Davis says the internet of things and data analytics in the supply chain "will allow for high-frequency and high-impact decision making that taps more brainpower across the organization." He notes companies that have little in common in terms of what they make have adopted similar approaches to data planning.
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