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Image via Flickr by cuttlefish The apparel industry is under fire for their hazardous use of chemicals during the manufacturing process. In July, 2011, Greenpeace International launched the Detox campaign “to expose the direct links between global clothing brands, their suppliers and toxic water pollution around the world.” Along with a global network of consumers,…
Image via Flickr by GULF550 All successful businesses reach a point where they need more than a handful of employees. At that point, it’s time to consider outsourcing. However, it’s not a decision that should be based purely on labor costs. There are hidden costs not to overlook. Oops! You don’t have permission to view…
Image via Flickr by Whitez Bitcoin really is a brilliant idea. It is essentially a peer-to-peer currency system that allows people to transfer money to each other without the middle men of banks. Plus, there are no transaction fees , the currency can be used anywhere in the world, and anonymity is allowed. However, bitcoin…
Image via Flickr by mollymazilu For two decades, supply chain professionals have focused on reducing costs by trimming the unnecessary fat in their operations. Leaner production processes, lower on-hand inventory levels, and smaller, more frequent shipments created a just-in-time (JIT) supply chain that encouraged globalization. However, the risks and challenges associated with today’s supply chain…
Image via Flickr by Army Medicine There has been a lot of news coverage surrounding the Ebola outbreak in Africa. About 7,000 people have been killed so far with nearly 19,000 infected. Only a couple of cases have been reported in the U.S., but it still makes people wonder why “Big Pharma” hasn’t solved the…
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!…