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Image via Flickr by dullhunk May, June, and July 2015 were rough months for businesses in Greece due to political unrest. The banking system has been facing collapse, causing myriad problems in manufacturing and distribution. Greek banks were closed between June 29 and July 20 to prevent money from flooding out of the country, but…
Image via Flickr by Official U.S. Navy Imagery According to newly released data from the U.S. Energy Information Administration in its 2010 Manufacturing Energy Consumption Survey, U.S. manufacturing facilities are producing about the same amount of goods while lowering their energy costs and consumption tremendously. According to the report, the U.S. manufacturing sector decreased its…
Europe’s economy has not bounced back from recession like the United States, and there are several things that need to be fixed before it can. Policy makers must enact reforms, and that’s going to be difficult. Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon said, “They have all the same structural issues that…
Image via Flickr by Enkhtuvshin’s 5DmkII In May 2015, Accenture Federal Services announced that they had acquired Javelin Group. Specific details about the deal were not disclosed to the public. With the acquisition, Accenture plans to expand their capabilities to better help companies and brands with digital transformations, particularly in the international market. The deal…
Image via Flickr by epSos.de Many of the risks associated with operating a business are directly tied to the supply chain. Slowed deliveries due to a natural disaster may result in lost sales and missed opportunities. A communications provider outage could have the same results. These supply chain disruptions often result in huge losses. According…
Image via Flickr by westonhighschoollibrary Several companies are investigating 3D printing because it could revolutionize the supply chain industry. Instead of having items made in a third-world country and then shipped around the world, 3D printing opens up the possibility of making products anywhere and minimizing shipping needs. This means 3D printing could save companies…