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Image via Flickr by SteelMaster Buildings The London Metal Exchange (LME) decided on new regulations this past Thursday, Nov. 7, aimed at addressing bottlenecks of metals in its warehouses. According to The Wall Street Journal, these bottlenecks are usually caused when warehouses reserve metals for traders and bankers, which are using it to raise working…
Image via Flickr by maltman23 According to the New York Times, “China’s manufacturing sector rebounded in June, showing signs of growth for the first time this year, according to a purchasing managers’ index (PMI) released on Monday. The preliminary reading of the P.M.I. survey for June, compiled by Markit and published by HSBC, rose to…
Image via Flickr by Leonardo Veras1 The world is watching Brazil as it rushes to put the finishing touches on its FIFA World Cup 2014 accommodations. Businesses could learn a thing or two from this world cup crunch. It’s the perfect metaphor for the grand opening of a storefront or even a product launch.Oops! You…
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…
Image via Flickr by NIAID “Healthcare workers in Mali have been given an experimental Ebola vaccine as part of the first human trials of the shot in West Africa, where three nations are battling the worst outbreak on record. The trials are part of a program to identify and roll out vaccines within months, compared…
Image via Flickr by Ding Yuin Shan When operational dysfunctions occur, the source of the problem is usually linked to the supply chain. Effective supply chain systems integrate seamlessly into a company’s operations and need a great deal of teamwork for success. A dysfunctional supply chain can drag a business under very quickly. Here are…