Nobody likes to make predictions about the price of oil because it is such a volatile market. Oil prices are affected by the climate, politics, and other industries. As a matter of fact, the price of a barrel of oil can easily double in only a few months depending on what’s happening in the world….
On April 8, Sabra Dipping Co. voluntarily recalled select SKUs of their Classic Hummus over possible contamination with Listeria monocytogenes. The recall involved 30,000 cases nationwide. This is the first recall that Sabra Dipping Co. has ever announced and now they have to ensure that all contanimated products are removed from their supply chain.Sabra Dipping…
Amazon recently opened their first retail store on the campus of Purdue University. Now, Google is following suit with a retail store of their own. These e-commerce giants realize that there is still power in having physical retail space. They are testing whether these small retail stores will improve their supply chain power and strengthen…
Water restrictions are not a new thing to California — the state has been imposing them on residents every summer for decades. However, Governor Jerry Brown just ordered one of the largest mandatory water restrictions in California history. Residents need to cut their water usage by 25 percent. Governor Brown said, “We’re standing on dry…
According to the 2015 FM Global Resilience Index, Norway has the most resilient supply chain of any country around the world. The index ranks 130 countries based on their risk mitigation plans, geographic position, investments, and economic stability. Norway scored so well because the country has minimal exposure to natural disasters, in addition to their…
In 2005, Wal-Mart set an impressive three-part goal to reform their supply chain. They wanted to be powered 100 percent by renewable energy; create zero waste in their supply chain; and sell more sustainable products to customers. These goals would require a lot of change to their supply chain management. One decade later, Wal-Mart is…
The government in New Delhi just announced that they plan to reform their tariff regime to be more in line with regional trade pacts that are being negotiated around the world. Right now, India’s tariffs are too different for the country to even be considered for membership in the Trans-Pacific Partnership. Basically, India’s tariffs are…
TNT Express is a global logistics company that operates in Europe, the Middle East, Latin America, and Asia Pacific. They serve more than 200 countries and have a value of $6.680 billion euro. They handle nearly one million deliveries per day. However, the company has been struggling to compete with UPS, FedEX, and DHL. In…
On April 3, a fire broke out at GE Appliance Park in Louisville, Kentucky. Firefighters are still on the scene dealing with hot spots, but the fire has mostly been contained. It caused heavy damage throughout the building and soot has traveled to nearby neighborhoods. GE is experiencing some production delays, but the company anticipates…
All successful businesses reach a point where they need more than a handful of employees. At that point, it’s time to consider outsourcing. However, it’s not a decision that should be based purely on labor costs. There are hidden costs not to overlook.