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Image via Flickr by Rafael Gomez A new study by Stratfor Global Intelligence concludes that China is stepping down from its unofficial position as the go to cheap labor source of the world, and other developing countries are now emerging as a replacement option for global manufacturers in need of a cheap labor source. By…
Image via Flickr by twicepix Economists are optimistic for China’s manufacturing industry despite declining production rates, based on a steady rise in market shares. The latest numbers show the Hang Seng Index is up by 1.1 percent at 21,673.21 points, a recent high. The latest financial numbers come on the heels of the industry’s eighth…
Image via Flickr Nick Saltmarsh The healthcare industry faces numerous unique supply chain challenges. Hospitals and other medical facilities need the supplies they order in a timely manner because delays can mean the difference between life and death. For instance, if a hospital ER department does not have enough saline bags, a patient could die…
Image via Flickr by Marcin Wichary While a company is small, procurement is simple. As the organization grows, however, the process gets muddled and becomes less efficient. For example, the federal government has grown to the point of inefficiency at which it spends $800 per American per year on goods and services! If your procurement…
Image via Flickr by Enkhtuvshin’s 5DmkII In May 2015, Accenture Federal Services announced that they had acquired Javelin Group. Specific details about the deal were not disclosed to the public. With the acquisition, Accenture plans to expand their capabilities to better help companies and brands with digital transformations, particularly in the international market. The deal…
Image via Flickr by Janitors Apple is doing well. They had an amazing fiscal year because of iPhone 6 sales. Part of their success was a result of expansion into the mobile market in China and sales there. Apple has big plans for further business in China, and this is supported by their already strong…