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Image via Flickr by Roberto Verzo For years, companies in the U.S. and Europe have turned to cheap labor forces in Asia to manufacture products. At the time, this was beneficial to the companies, which saved money and could offer cheaper products, and to the workers, who had access to jobs and job training that…
Image via Flickr jurvetson China has become the leading manufacturer of goods in the world, but economic changes in the country are causing a shift in thought. For instance, wages for Chinese workers have tripled over the course of the past decade. This is causing manufacturers to move some outsourcing to countries where worker wages…
Image via Flickr by photologue_np If you conduct a Google search of “U.S. talent shortage” you’re going to get approximately 6.5 million results. What does this mean for your business? It means the talent shortage is real, and you need to take steps to assure your company’s success in the coming years. You can fill…
Image via Flickr by DennisM2 AkzoNobel is a company based in the Netherlands that develops, manufactures, and distributes a variety of paints, specialty paints, coatings, and DIY products, including home maintenance paints and coatings, as well as coatings and paints for the automotive industry, shipping industry, and aircraft industry. In business since the 1770s, AkzoNobel…
Image via Flickr by gagilas Information management is at the top of the supply chain. Big data, and the innovative algorithms that drive it represent the future of supply chain management and the way companies will interpret bottom-line figures. As new technologies abound, companies are becoming even more creative with the way they analyze and…
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…