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Image via Flickr by westonhighschoollibrary Several companies are investigating 3D printing because it could revolutionize the supply chain industry. Instead of having items made in a third-world country and then shipped around the world, 3D printing opens up the possibility of making products anywhere and minimizing shipping needs. This means 3D printing could save companies…
Image via Flickr by Michael Elleray Nobody likes to make predictions about the price of oil because it is such a volatile market. Oil prices are affected by the climate, politics, and other industries. As a matter of fact, the price of a barrel of oil can easily double in only a few months depending…
Image via Flickr by Tyler Online grocery shopping is not a new thing — shoppers place their orders, and then someone physically shops and delivers the goods. However, several businesses have popped up that offer meals in a box. These businesses do not use local fulfillment. This raises concerns because of supply chain restraints in…
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 Hakan Dahlstrom The biggest challenges that government procurement agencies face at any level are corruption and discrimination. On a global level, transparency and fairness standards are even harder to agree upon. The World Trade Organization created the first Agreement on Government Procurement in 1981 to make a set of globally accepted…
Image via Flickr by marcopako Millions of Americans grab a cup of coffee from Starbucks on their way to work each morning. In this niche market, smart business decisions mean this coffee chain stays on top in terms of sales. Starbucks leads the market with an efficient supply chain and careful attention to product sourcing.Oops!…