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Image via Flickr by Raymond Bryson Homebase is a home improvement retail chain located in the United Kingdom, offering over 38,000 products for the home and garden. It serves more than 300 retail outlets across the United Kingdom and Ireland. While Homebase carries a variety of product year round, including kitchen, bath, furniture, home wares, lighting,…
Image via Flickr by U.S. Army Environmental Compound According to researcher Anupam Agrawal, a professor of business administration for the University of Illinois, there are several benefits in establishing relationships with suppliers beyond the first tier. However, most companies are neglecting to reach out to such companies. Agrawal recommends companies establishing such relationships by initiating a “sourcing hub”…
Image via Flickr by US Department of Labor Unionized labor and manufacturing seem to go production line and hand, and like all historic pairs, the two haven’t always worked well together. As a result of the U.S. Recession unions have taken a huge hit. To understand the pros and cons of unionized labor for both…
Image via Flickr by Investing in Gold The World Bank didn’t paint a happy picture for commodity prices following a lackluster 2013. Gold prices are expected to take a huge hit, dropping during the course of 2014 by 16 percent to $1,050, down from its current price of $1,251 per troy ounce, according to Goldman…
Image via Flickr by Tyler Online grocery shopping is not a new thing — shoppers place their orders, and then someone physically shops and delivers the goods. However, several businesses have popped up that offer meals in a box. These businesses do not use local fulfillment. This raises concerns because of supply chain restraints in…
Image via Flickr by keepitsurreal According to a report by Forbes, “Hewlett-Packard’s CEO, Meg Whitman, at the shareholders meeting on March 20, announced that the company is planning to enter the 3D printer space by the end of this Fiscal year. (HP’s fiscal year ends on 31st October.)” In recent years, 3D printing has presented…