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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 Dick Thomas Johnson As tensions build on the Korean peninsula, the electronics industry is making preparations for possible shutdowns of large-scale electronics suppliers in South Korea. In our current supply chain, halting production of parts and components in any one region of the world seriously hinders the whole industry’s ability to…
Image via Flickr by Global Panorama The Apple Watch hasn’t made its debut yet, but many believe it has already cornered the market on smart watches. Why? Because everyone anticipates that the Apple Watch will be more functional and fashionable than any other smart watch already on the market. Everyone is eagerly awaiting for the…
Image via Flickr by Ingrid Taylar Amazon sells an expansive range of products in nations across the globe, and the online retailer continually seeks innovative ways to streamline its logistics, cut its costs, and manage more of its supply chain. Learn how launching a sea-based shipping initiative could help Amazon gain greater control over its…
Image via Flickr teakwood Reebok has been manufacturing shoes since 1958. The company has always focused on innovation, and it’s now changing the way that it designs and manufactures shoes. The new manufacturing process could mean Reeboks that boast better performance and lower costs. Oops! You don’t have permission to view this page! Make sure you’re…
Image via Flickr by Nickolas Titkov Economists say a weakening ruble, as well U.S. and European sanctions, could wane on an already distressed Russian manufacturing sector. The unstable ruble has already prompted French carmaker Renault to ease off plans to manufacture vans through ZIL (a Russian truck-maker).Oops! You don’t have permission to view this page!…