LG, the South Korean manufacturer who took the consumer home appliance and electronics market by storm, is planning to announce that they are scaling down their production of personal computers heading into 2014. Part of the reason for the decision comes from the low market shares LG holds in the PC market. The other reason is the…
The giant logistics company DHL, recently released a report entitled “Big Data in Logistics.” The report concludes that someday logistics companies could become the go-to search engines for information on almost all other industries. Logistics companies gather a tremendous amount of information (big data) during the course of their normal operations. Information on the routes…
Pizza Express began with a single mom and pop store in the 1960s and gradually added locations until they reached their status of 300 restaurant franchises. They serve 16 million customers per year with traditional Italian pizzas. Their popularity is largely due to their traditional cooking methods and the authentic Italian taste. As business picked…
Santa is not to blame for the lack of video games this holiday season, it’s the people. Both Sony and Microsoft have released new gaming consoles this year, making it hard for stores to keep their shelves stocked.
For years, the U.S. military has operated drone aircraft in countries such as Afghanistan and Pakistan for the purpose of seeking out and eliminating terrorists in these countries. As of now, operating unmanned aircraft on U.S. soil is prohibited except under strict circumstances, primarily because these craft could potentially crash any of the 70,000 manned…
The spot freight market, freight that needs to be delivered but falls outside a regular contract, is showing strong signs of growth as the year 2013 draws to a close. Though the overall numbers were down slightly from the month of October, November had fewer work days. If the growth is adjusted for the same…
The Baltic Dry Index keeps track of the costs of overseas shipping of bulk dry goods. A rising index indicates growth in the market, as prices go up when demand is high. Conversely, a lowering index means overseas shipping trade is down. This quarter looks to be the best gain in the overseas shipping industry…
For years, cost savings has dominated the minds and activities of procurement professionals. State of Flux issues studies and reports on trends in the procurement industry. Cost savings consistently reigns in terms of importance. However, for the first time ever, this study revealed that risk management is now the number one driver in procurement, indicating that supply…
Beijing based CEO Wang Jing has made the Nicaraguan government a proposal that could bring intense competition to traffic along the Panama Canal, as well as drastically change the landscape of the South American country. The plan involves Jing’s company building a $40 to $50 billion canal from the Atlantic coast to the Pacific coast…
In the latest of a long line of astounding announcements, Amazon has unveiled its latest intent: to begin chipping away at the market shares of bulk stores like Sam’s Club and Costco by targeting consumers of bulk items known as “center isle items.” This includes items such as toilet paper, paper towels, and dog food,…