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Image via Flickr by Carl Wycoff Fifteen years ago, the U.S. banned imports of beef from Ireland because of mad cow disease. Now, the ban is being lifted. This will boost the euro beef industry by millions of dollars, particularly in Ireland. The U.S. Department of Agriculture has performed strict inspections at beef production facilities in…
Image via Flickr by David Schiersner Adidas is a leader in retail footwear and clothing. Customers love their sporty look, comfortable fit, and innovative designs. To achieve these results, Adidas has sought out the best suppliers around the world. Many of those suppliers were formerly in Asia, but in 2014, Adidas decided to take their…
Image via Flickr by U.S. Army Environmental Compound According to researcher Anupam Agrawal, a professor of business administration for the University of Illinois, there are several benefits in establishing relationships with suppliers beyond the first tier. However, most companies are neglecting to reach out to such companies. Agrawal recommends companies establishing such relationships by initiating a “sourcing hub”…
Image via Flickr by David Pierce North America has seen some pretty bizarre weather this year. Right now the east coast is seeing record low temperatures as cold, dense air flows down from the Arctic. These freezing conditions are causing havoc for the transportation industry. In addition, several crops are threatened, causing commodity prices to…
Image via Flickr by Victor1558 The Hackett Group, a global strategic business advisory and operations improvement firm, recently released a new study, entitled Borderless Business Environment – Driving New Pressure, Changing Priority for Procurement Leaders. In this study, the group reports that CEOs are challenged to do more with fewer resources continuing through 2013.Oops! You…
Image via Flickr AlishaV Amazon is testing online grocery shopping and delivery in key cities, and Walmart and several other grocers have implemented online grocery shopping with store pickup programs. This is a grocery shopping trend that will continue in 2017. Check out why it’s booming and how it’s affecting retail logistics.Oops! You don’t have…