The Digital Age–new technologies, big data and the Internet of Things–will help reinvent the container shipping industry in coming decades.
By 2067, McKinsey & Co. believes the industry will have many new characteristics that will cause dynamic change, as detailed in a new study, “Container Shipping: The Next 50 Years.”
Digital technology is steadily reshaping retail, and for luxury shoppers, online experiences will drive real-world decision making. Consulting firm McKinsey & Company’s latest report, “Digital luxury experience 2013: Keeping up with changing customers,” produced in partnership with Italian luxury goods association Altagamma, said that digital… Read MoreRead More Read more
The current debate in Bangladesh over the minimum wage underscores a worrisome trend for retailers globally: the costs of sourcing is certainly to rise in the near future. According to a new report issued by the McKinsey & Co., booming wages will be the principal mover of rapidly accelerating costs all along the supply chain.Read More Read more
A new study issued by the consulting firm McKinsey & Co. forecasts even greater Bangladeshi dominance of global sourcing, beating smaller rivals like Cambodia and Vietnam and potentially stealing market share from China. Currently, Bangladeshâ€™s garment business tops a staggering $20 billion annually…Read More Read more