By Andrew Glickman New and innovative products that are out in the marketplace were once fostered from an initial idea that exponentially grew into so much more. The global consumer products and retail market is enormous. How big exactly? A 2021 Coherent Market Insights report estimated it at over $18 trillion dollars, and it’s forecast… Continue reading The next substantial need for consumer companies which will triple in size over this decade
A Rapid Growth Trend in the Product Development and Manufacturing Market By Andrew Glickman One of the growing trends in the consumer market over the past 5 years has undoubtedly been “product customization and personalization”. Product customization has become an extremely popular approach to several industries throughout the consumer market and speaks to the ways… Continue reading A New Personalized World: Innovations of Customization and Personalization in Consumer Products
By Alan Cuddihy & Michael Guerin “Two-thirds of the average company’s environment, social, and governance footprint lies with suppliers. Procurement leaders who take bold action can make a decisive difference in sustainability” Buying into a more sustainable value chain, McKinsey & Company Sep 2021 WHO IS RESPONSIBLE FOR TOMORROW’S SUPPLY CHAIN? In the four years… Continue reading THE 2030 VALUE CHAIN
By Paul Sweeney Product development and lifecycle are adversely affected by today’s global supply chain situation in ways many professionals have never experienced before. The electronic device industry encounters sporadic supply shortages from time to time, but rarely do the shortages encompass chips, modules, and passive components all at once – right across the sector.… Continue reading Changing Product Design Paradigms Define Post-COVID Manufacturing
By Alan Cuddihy, VP of Sustainability at PCH International In June of this year, I was honored to be named one of ten United Nations Global Compact (UNGC) SDG Pioneers. PCH was also recognized for our work to promote a Circular Economy by advancing more efficient, flexible, transparent, and sustainable supply chains. In the spirit… Continue reading Building A Circular Economy
When built responsibly, global supply chains are tremendously beneficial — reducing costs, improving product quality, using materials efficiently, and contributing to economic and social development. However, when companies turn a blind eye to ESG impacts, they can cause both social and environmental harm while exposing brands to operational and repetitional risks. According to McKinsey, supply… Continue reading What ESG Means for Global Supply Chains
By Joe Fogg, Director Global Logistics, PCH International PayPal just published a new report on consumer spending habits post-Covid and the findings suggest that brands need to find multichannel strategies to support customer choices. More than half (62%) of respondents from the U.S., UK, and Australia admitted to doing most of their purchasing online, while… Continue reading Is 8000-miles the New Last-mile Delivery?
By Alan Cuddihy, VP of Sustainability at PCH International Investors are always looking for ways to mitigate risk and generate better ROI — and a rapidly increasing number of investors believe that by incorporating non-financial, Environmental, Social, and Governance (ESG) data into investment analysis, they can choose better funds that will outperform the market. Global ESG assets… Continue reading What Business Leaders Should Know About ESG and Global Supply Chains
The pandemic changed many aspects of life, including the way people discover and interact with brands. Although e-commerce has been gaining traction for years, the global impact of COVID 19 has accelerated consumer adoption of online shopping and the growth of online brands. This change in consumer behavior appears to be long-lasting, and there are… Continue reading Is Your Supply Chain Optimized for D2C?
Today, with restricted travel, many new product development (NPD) projects are being man-aged remotely. NPD describes the process of successfully engineering and developing new products. It encompasses product development (PD) and the new product introduction (NPI) phases of the product journey. When managing remotely, consider the following tips to keep your launch on schedule and… Continue reading 10 Tips For Managing New Product Development Remotely