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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 star5112 How much money are you willing to pay for a cup of coffee? You’ve probably seen higher prices at the chain coffee stores because the price of coffee beans has more than doubled since January. This is partially due to the major drought in Brazil and other parts of Central…
Image via Flickr komunews Infrastructure across the United States is crumbling. Roads, highways, and bridges need serious attention. However, legislators don’t always agree on how to fix the widespread problems or how to pay for them. As a result, poor infrastructure is taking a toll on supply chains in the United States, with no long-term…
Image via Flickr by Alan Cleaver Nov. 29, 2013 was a busy news day. When news analysts weren’t weighing in (and duking it out) over Obamacare, reporters across the nation were running spots on long shopping lines, customers who camped for days in frigid temperatures to get the best deals, and even a few skirmishes…
Image via Flickr by Steve Jurvetson At the beginning of September, Nevada Legislators approved Tesla’s $5 billion Gigafactory to be built in Reno. The state wooed Tesla with a $1.25 billion incentive package. The package included several tax credits and abatements as well as a discount on electricity and free land. The state beat out…
Image via Flickr by Nite_Owl Since the Dodd–Frank Wall Street Reform and Consumer Protection Act passed in July, 2010, procurement professionals have thought more than ever about the various metals within their supply chains, particularly if those metals may contain conflict minerals. The conflict minerals law added to the Dodd-Frank Act could have a widespread…