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Image via Flickr by Steve Jurvetson At the beginning of September, Nevada Legislators approved Tesla’s $5 billion Gigafactory to be built in Reno. The state wooed Tesla with a $1.25 billion incentive package. The package included several tax credits and abatements as well as a discount on electricity and free land. The state beat out…
Image via Flickr by Alan Cleaver Nov. 29, 2013 was a busy news day. When news analysts weren’t weighing in (and duking it out) over Obamacare, reporters across the nation were running spots on long shopping lines, customers who camped for days in frigid temperatures to get the best deals, and even a few skirmishes…
Image via Flickr by Trostle The $382 billion global beauty business, with $55 billion in makeup alone, may see an uglier side of the industry with the recent introduction of Mink, a proprietary 3D printer that allows users to print open-source cosmetics. Some of the top makeup manufacturers based in the United States and Europe…
Image via Flickr everyoneisgone Most companies around the world do not have supply chain practices in place to promote sustainable sourcing. As customers push for sustainability, however, this issue is becoming a big deal. Take a look why consumers are demanding more sustainability and the steps companies are taking to improve.Oops! You don’t have permission…
Image via Flickr aushiker In 2015, ocean cargo rates for contracts on major East-West routes saw a sharp decline. As a result, carrier profits have been suffering. Contract rates have fallen because of lower fuel costs, more carrier competition, and surplus vessel capacity. Take a look at what this means for the transportation industry now…
Image via Flickr CC-BY-CarImages Automotive sales are on the rebound, as forecasts show that new car sales in the U.S. could exceed 15 million in 2016. Additionally, automakers are launching approximately 500 new car models on the market this year. This situation puts a lot of pressure on the auto parts supply chain industry. Some…