When Groupon stormed onto the e-commerce scene in 2008 it sought to bring group buying to the U.S. But unlike in China, it never quite panned out as the company envisioned forcing it to pivot to coupons. Now, new research from Maryland Smith is examining why that happened and how companies can best implement the strategy.
Extreme weather that has increasingly hammered factories, rail lines, ports and highways is expected to intensify as the globe continues to warm. Across industries, leadership teams have awakened to the high degree of financial risk posed by this climate change. Executives are asking: How exposed is our global supply chain network? Which critical sites have the highest exposure in terms of revenue impact? Which types of events could potentially affect each site? Are appropriate business continuity plans in place to protect our operations?
Barring an unusually high bill, most of us pay our utility bills and don’t think much else of it. What many of us don’t know is utility companies, already low margin businesses, need to be highly efficient in reading our utility meters every billing cycle in order to avoid unnecessary costs. This is where the meter-reading technology research from Maryland Smith comes in.
Feeling comfortable enough to speak up and share your ideas and opinions at work is usually a good thing – that’s the environment most organizations should want to encourage. But some managers who solicit input might not give employees who do so enough credit, finds new research from Maryland Smith’s Subra Tangirala.
What’s the difference between prime institutional money market funds sponsored by bank holding companies (BHCs) and those funds that aren’t? Money market funds backed by these holding companies have an inherent safety net, according to research from Maryland Smith.
When companies make decisions, it’s not just shareholders they must consider – employees, suppliers, communities and governments are affected too. And new research is showing that firms that don’t factor all stakeholders into the equation are missing out.
Imagine a future where 3-D printing is done in the back of a truck instead of a factory or a lab. The same truck is driverless, eliminating the risk of drivers getting tired and causing delays or accidents en route. The truck custom prints the product for each of the many customers on the truck route at the exact time when it arrives at each customer site. Companies are now at the forefront of testing such ventures, according to a new article by Maryland Smith’s Zhi-Long Chen.
Imagine a world where your deliveries are always on time and your food is never cold. Restaurants are able to coordinate when to cook orders and apps are able to efficiently assign drivers multiple orders or even ask customers picking up an order if they would be willing to drop off an order with their neighbor on the way back. This is the efficient world Maryland Smith professor Zhi-Long Chen and Ohio State University professor Nicholas G. Hall are hoping to help create through their newly published book, “Supply Chain Scheduling.”
Running into a one-way or no-left-turn street can be pretty frustrating as a driver. It’s an even bigger problem for vehicles responsible for mapping streets as well. But new research from Maryland Smith has a solution.
In the workplace, success sometimes comes down to how competitive you are. And sometimes it comes down to how competitive the people are who are advocating on your behalf.