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Image via Flickr by Brian Lane Winfield Moore Jobs in the supply chain have long suffered from a stigma of low-paying, blue collar work, according to SCM Talent Group president Rodney Apple. This misconception has led to a shortage of well-trained and highly qualified workers in the field. This meant that even during the recent severe…
Image via Flickr by zackzen Every day the Baltic Exchange in London releases the Baltic Dry Index, which tracks the prices of shipping bulk freight. This week, prices are up 14 percent over last week, and have reached the highest level of the current year. Though most company representatives only agreed to speak with reporters…
Image via Flickr Mike_fleming The Cuban trade embargo has been in effect since 1962, after Cuba nationalized several American-owned assets equaling over $1 billion. Though the two nations have had countless disagreements ever since, in mid-2015 Cuba agreed to allow U.S. embassies to reopen in its major cities. The relationship between the two countries has…
Image via Flickr by David Villarreal Fernández China’s economy has been booming for the past 15 years, but things are really slowing down. The auto industry is feeling the slowdown, too. New-vehicle sales in China are only half of what they were a year ago. Surprisingly, automakers are not slowing down production to match demand,…
Image via Flickr by David Berkowitz Proper quality assurance measures are critical to reduce the return of goods and services to companies. When there’s an abundance of reverse logistics, it affects a number of facets of the organization, including inventory management, warehousing and storage, financials, and even losses and write-offs when you’re dealing with perishable…
Image via Flickr by MDGovpics Over the past 30 years, U.S. manufacturing has undergone a tremendous loss because jobs were outsourced or moved overseas, where labor was cheap and readily available. However, the new resurgence in U.S. manufacturing is underway, as labor costs in the States becomes competitive with other parts of the world and the energy…