For the airline industry, the time to build “digital muscles” is now

April 15, 2015
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By Richard Wysong, Director, Transportation and Logistics Advisory Airlines gather an enormous amount of data from multiple structured and unstructured sources, which they can use to significantly improve their performance, including the reliability and maintenance cost of their fleets. At Aviation Week’s MRO Americas this week, I spoke with industry leaders about building their organization’s […]

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Optimism among manufacturers is at its highest level in a decade

April 7, 2015
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By Bobby Bono, US Industrial Manufacturing Leader US industrial manufacturers are confident the domestic economy is strong and growing, according to the Q1 2015 Manufacturing Barometer. They think overall economic conditions will continue to improve and that global demand will pick up, despite the impact of the strong dollar on exports. So they are moving […]

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Is your industrial products multinational company ready for FATCA?

April 2, 2015
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By Michael Burak, Partner, US and Global Industrial Products Tax Leader Industrial products multinational companies (MNCs) are encountering unique challenges in navigating complex, existing, and emerging global tax information reporting regimes. The enactment of the Foreign Account Tax Compliance Act (FATCA), coupled with the issuance of more complex tax withholding certificates and changes to the […]

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How manufacturers are climbing up the Internet-of-Things ladder

March 31, 2015
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By Bobby Bono, US Industrial Manufacturing Leader, PwC; and Gardner Carrick, Vice President, Strategic Initiatives, Manufacturing Institute There’s a lot of hype around the Internet of Things (IoT), as digital connectivity continues to pervade the universe of products and services. Many of the advancements have been spearheaded by large companies with well-funded research and development […]

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Impact of lower oil prices on the transportation sector: Is it all good news?

March 24, 2015
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By Andrew Tipping, US Transportation Leader, Strategy&; and Jonathan Kletzel, US Transportation & Logistics Leader, PwC The drop in oil prices is having a dramatic impact on the transportation sector. With fuel costs down, transport companies are able to save money. Consumers are saving money, too, which adds to the positive effect on global trade and […]

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Field service workers could fix wearables’ PR problem

March 19, 2015
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  By Robert McCutcheon, Partner, US Industrial Products Sector Leader; and Chris Curran, Chief Technologist, PwC US Advisory When you hear the word wearables, you probably think of health conscious consumers donning digital devices to track their physical activity or technology enthusiasts getting sideways glances as they sport internet-enabled glasses on the subway. Maybe you’ve […]

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Aerospace and defense trends: Diverging paths and challenges

March 17, 2015
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By Randy Starr, Strategy& Global A&D Practice Leader; and Chuck Marx, US Aerospace & Defense Leader Aerospace and defense, while often seen as one industry, face very different challenges today. Defense companies are dealing with governments that have smaller budgets, while the commercial aerospace business is booming. Still, the success of both sectors depends on […]

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The strong dollar: Who pays the price?

March 10, 2015
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By Robert McCutcheon, Partner, US Industrial Products Sector Leader The strong dollar is mostly good news for US manufacturing. It indicates that the domestic economy is growing and that consumer demand has picked up. But its strength against other currencies also means that the rest of the world is experiencing slow growth and lackluster demand. […]

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For chemicals companies, the time to plan ahead is right now

March 5, 2015
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By Jayant Gotpagar, Strategy& Energy, Chemicals & Utilities partner; and Vijay Sarathy, PwC US Chemicals partner The chemicals industry is doing great, with record growth. At the same time, the industry is undergoing tremendous disruption. Innovation is continuing to move away from blockbuster breakthroughs and toward more incremental advances targeted at specific problems. The nature […]

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Recent changes to frequent flyer programs: Who wins and who loses?

March 3, 2015
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By Jonathan Kletzel, US Transportation & Logistics Leader There’s been a lot of discussion in the press and online about some recent changes to a couple of major frequent flyer programs (FFPs). Part of the change is to base rewards on how much money a customer spends rather than on how many miles s/he flies. […]

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