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Image via Flickr cokestories Truck platooning happens when a fleet of trucks drives closely together with very little following distance between each vehicle. It is a way of maximizing the capacity of a road while also saving on fuel consumption. The University of Purdue aims to study truck platooning technologies to help industry partners with…
Image via Flickr by New York District, U.S. Army Corps of Engineers For years, cost savings has dominated the minds and activities of procurement professionals. State of Flux issues studies and reports on trends in the procurement industry. Cost savings consistently reigns in terms of importance. However, for the first time ever, this study revealed that risk…
Image via Flickr by Mark Hillary Outsourcing the production of goods is not a new thing. Companies know they can manufacture most products for cheaper overseas and still charge consumers high prices. Consumers don’t blink an eye because it is a common business practice that they’ve come to accept. Outsourcing is a business decision —…
Image via Flickr miamism Whole Foods Market is committed to providing customers with healthy and organic food options. Now, Whole Foods is adding sustainability to its mission by adding solar panels to 100 store locations. Take a look at what Whole Foods wants to accomplish with this initiative and what other businesses can learn from…
Image via Flickr by Mike Mozart Wal-Mart executives are considering a new price-matching program for their online retail division starting this holiday season. They already give their managers in brick-and-mortar stores the ability to price match competitor sales if a customer brings in proof of a cheaper price, but Wal-Mart is considering taking this to…
Image via Flickr by Jason A. Howie On March 6, 2015, the U.S. Department of Commerce announced that the trade deficit for goods and services has reached $41.8 billion. That’s the highest it has ever been. And, that number is expected to grow because of weak economic growth overseas and a strong dollar. This says…