If a U.S. border tax was enacted some retailers that are big importers could see their net profits plummet by almost 80%, while exporters of manufactured goods could see their net profits soar by 50% or more.
Mars, Nestlé, Mondelēz and Hershey and others have committed to working together to end deforestation and forest degradation in the cocoa supply chain, with an initial focus on Ghana and Côte d’Ivoire.
It's no secret that truck driving can be a hazardous profession -- 11 accidents involving semi-trucks occur every day in the United States -- but there are other occupations that make freight hauling look like a Sunday drive in the country.
Only 12% of CEOs, down from 19% in 2014, provide a seamless shopping experience across channels. These retailers are finding their omni-channel offerings to be too complex or expensive and are choosing to scale back.
The American Society of Civil Engineers estimates that there’s a gap of more than $2 trillion between projected current funding and the $4.59 trillion it would take to improve U.S. infrastructure to a “B” grade by 2025.
"Disruptive technologies such as additive manufacturing and robotic process automation will continue to transform the manufacturing world by reshaping the production cycle in the longer term,” according to new report by Cushman & Wakefield.
By 2021, nearly 80% of retailers will be able to customize the store visit for customers as a majority of them will know when a specific customer is in the store. This will be enabled through technology such as micro-locating, allowing retailers to capture more data, accuracy and customer insights.
Over the next five to ten years there are four key areas of disruption that will have the largest effect on how the sector will look; new customer expectations, new technology, and new business models and new market entrants.
"No longer can supplier issues like child labor utilization, product contamination, sweatshop factory conditions, polluted waterways, or toxic spills be ignored by major manufactures or remain hidden from the broader public," says University of Tennessee study.