“These businesses were able to get ahead of big increases in demand, drive more sales and enhance customers’ experiences. Through our own work, we are seeing increased adoption of these models and expect it to accelerate in the near future. … [Read more...] about More business leaders embrace digital technologies
Supply chain masters
A virtual twin can play a significant role in these scenarios. A complete digital replica of a physical asset or real-world process, such as a factory or supply chain, a virtual twin enables real-time monitoring and adjustments, enabling businesses to mirror their manufacturing value stream with a virtual one, experiencing and creating new concepts and ideas in no time. … [Read more...] about Visualising success in factories of the future
Changes in legislation and regulation drops from the Global ranking from #3 to #5 year-on-year. "The pandemic may have caused some delays of the regulatory train, but it did not stop or even derail it. Quite the opposite, 2021 promises to become a very busy year in terms of new legislation and regulation, particularly in the areas of data and sustainability," predicts Ludovic Subran, Chief Economist at Allianz. Natural catastrophes falls to #6 from #4 in the global rankings, reflecting the fact that although aggregated losses from multiple smaller events such as wildfires or tornadoes still led to widespread devastation and considerable insured losses in 2020, it was also the third consecutive year without a single large event, such as Hurricane Harvey in 2017. … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
Currently, BlueScope’s COLORBOND steel and Lysaght solutions are not only widely used by factories and warehouses throughout Vietnam but are also present in a variety of projects worldwide. Its solutions encompasses all that is needed for high-quality logistics warehouses, from steel materials with superior durability and quality to excellent roofing, walling, and other innovative solutions that provide optimum efficiency for investors. … [Read more...] about What the future holds for logistics industry?
Regarding the tasks and solutions for the development of the industry this year, Mr. Bui Ta Hoang Vu, Director of the Department of Industry and Trade of HCMC, said that 2021 was the first year to implement the socio-economic development plan in the period of 2021-2025, with the theme of the year 2021 as "Year of building an urban administration and improving the investment environment", so the industry and trade would stick to these contents to implement effectively. Accordingly, the Department of Industry and Trade will develop and conduct the administrative reform in 2021, review the criteria with restrictions related to industry and trade in the Provincial Competitiveness Index (PCI) to get drastic improving solutions. It will make a plan to contact and work with associations and enterprises to grasp the development situation, difficulties, and problems in the production and business activities and the development of the industry to propose the city solutions to remove … [Read more...] about HCMC’s industry, trade focus on supporting business recovery, market expansion