The “Amazon Effect” is a term many have heard, but what does it mean? While it can mean different things to different people, in general, it refers to the phenomenon of how consumers’ interactions with Amazon are driving new expectations for how buyers and suppliers…
Today’s opportunities require cooperation across the ecosystem at large. As indicated by Forbes Insights research, transportation-focused executives will not only be looking to hire outside providers for a wider array of services, but they will also be seeking closer collaboration with suppliers, customers and even competitors….
There are many different industry and interest groups that have a stake in the outcome of the driverless car bill. The bill passed the Senate Commerce, Science and Transportation Committee by a voice vote in October, and a companion bill sailed through the House last year….
Shortly after U.S. and China declared a truce, China offered a goodwill gesture to smooth trade negotiations. For three months starting January 1, cars imported from the U.S. will no longer be hit with an extra 25% tariff, while extra levies of varying rates on…
Plastics. They are everywhere from packaging to automotive body parts. It is no wonder that according to a research report by Global Market Insights, Inc. that the automotive plastics market size is set to surpass 50 billion by 2024. Anything plastic can be made by plastic…
There are 17 numbers and letters (17 positions) in a vehicle identification number (VIN) and you can divide them into three groups: World Manufacturer Identifier, Vehicle Descriptor Section, and Vehicle Identifier Section. Typically, the VIN is stamped into a plate that may be located in…
Virtual reality is not as new as one may think. In 1935, Stanley Weinbaum released Pygmalion’s Spectacles – a science fiction story. The story’s main character wears a pair of goggles which transports him to a fictional world which stimulates his senses aptly and features…
November elections are finally complete and now the fate of President Donald Trump’s proposed replacement for the North American Free Trade Agreement may rest in the hands of Democrats who won control of the U.S. House of Representatives last week. Reclaiming the House for the first…
Quality has been defined as fitness for use, conformance to requirements, and the pursuit of excellence. Even though the concept of quality has existed for some time, the study and definition of quality have been given prominence only in the last century. 1920s: quality control….
Smart safety uses the same concepts as smart manufacturing or Industry 4.0. As with smart manufacturing, connectivity and real-time analytics can also extend to industry safety. Smart safety can help not only monitor and manage your safety performance, but also transform operations. By connecting safety…
