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Wal-Mart Makes Strategic Move to Acquire Jet
Wal-Mart is a retail giant with more brick-and-mortar locations in the U.S. than any other brand. The company boasts "everyday low prices" and appeals to consumers looking to save money on groceries and household items. However, Wal-Mart's online sales are not as high as the company desires. In August 2016, Wal-Mart announced that it will acquire Jet.com for $3 billion as a strategic move to boost online sales. Check out what Wal-Mart stands to gain from this acquisition.
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Image via Flickr by Hakan Dahlstrom In 1993, Martha Cooper and Lisa Ellram co-wrote and published the Characteristics of Supply Chain Management and the Implications for Purchasing and Logistics Strategy. After more than twenty years of debate, trials, and errors, many supply chain professionals believed the practices described in the paper simply weren’t able to…
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 sayamindu For over 50 years, Lego has been selling building blocks made from oil-based plastic. The company recently decided to research green materials that could be used to build the bricks instead. By 2030, the Danish toy company aims to eliminate oil-based plastic from its production line.Oops! You don’t have permission to…
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 mariordo59 Ford might not have been the first automaker to test autonomous cars on the road, but the company is making major strides now. The automaker plans to add 20 more Ford Fusion Hybrid cars to its autonomous fleet in 2016, which would triple the number of cars currently being tested on…
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