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Image via Flickr by Buster Benson In May 2015, the U.S. Department of Transportation announced the biggest car recall in U.S. history. Approximately 34 million vehicles from 11 manufacturers all have defective airbag inflators that can rupture, sending metal shards into a vehicle’s compartment during an accident. This highlights the high supply chain risk in…
Image via Flickr by Free Grunge Textures Growth in U.S. manufacturing is on the rise, while Europe and Asia’s manufacturing sectors are on the decline. The U.S. indices by Markit and the Institute for Supply Management indicated the U.S. manufacturing activity climbed to 53.2 in February, which marked a turn from the downward trend seen…
Image via Flickr by Gene Hunt In supply chain management, shortages and disruptions are typically the biggest concerns. A surplus in the supply chain is just as risky in most industries, however, and can create instability throughout the market. Sustainable supply chain management strategies can combat surplus risks while also improving the standard of living.Oops!…
Image via Flickr Mehr Demokratie e.V. The U.S. has been working on a Transatlantic Trade and Investment Partnership (TTIP) with the E.U. However, it has been held up by European Parliament because some members are skeptical of the benefits to Europe. Additionally, some citizens are protesting the deal and making their voice known to parliament….
Image via Flickr by thienzieyung Gains and loss reports for the first half of 2013 are in, and show mixed signals in terms of our overall economic situation. The economy grew at a sluggish 1.7 percent annual rate for the second quarter (April through June), according to the announcement by the Commerce Department on Wednesday….
Image via Flickr by beximcopharmaceuticalsltd Businesses around the world are seeking the next big boost to supply chain management, and many signs point to predictive analytics becoming an essential tool. This technology, which relies on data to determine patterns and predict future outcomes, has plenty of potential. Learn how and why predictive analytics is set to…