All foreign and domestic facilities that manufacture food products are required to register with the U.S. Food and Drug Administration (FDA) to export goods to the U.S. Food facilities must also renew their registration every other year to stay eligible. The registration deadline is December 31, 2014. Facilities that do not register are uneligible for…
People have been experimenting with 3D printing since the 1980s. It’s only been around for a few years, but people are already starting to use it in the manufacturing sector. Polymer objects from these printers can potentially be used in intricate machines and even human organs. Some people predict that most homes in America will…
The crisis in Ukraine started over a year ago when pro-Moscow leader Viktor Yanukovych broke a trade agreement with the E.U. in favor of an agreement with Russia. This caused protests in Kiev, eventually toppling Mr. Yanukovych and causing Russia to move in and annex Crimea. Now, Russia is facing sanctions because of the situation…
Technology guru IBM and logistics expert JDA Software Group Inc. are teaming up to provide shippers with an omni-channel supply chain system. It will help shippers make decisions based on real-time data and provide customers with the best possible fulfillment options.
The U.S. senate passed the Marketplace Fairness Act in 2013. This bit of legislation grants states the authority to charge sales tax to people who purchase goods from online retailers, no matter where the store is located. If Congress signs the bill, this is great news for brick and mortar stores because it evens the…
Currently, if you want to charge your electric vehicle, you must get a special socket installed in your garage. However, BMW is working on a product that will change all that. They want to add charging sockets to street lights everywhere.
Ebay hopes to make selling to overseas buyers from China more affordable and streamlined. That’s why they just partnered up with Winit Corporation, a logistics service provider in Shanghai. The two companies signed an agreement for Winit Corporation to provide eBay with supply chain services. This will facilitate faster delivery of goods from warehouses to…
Outsourcing the production of goods is not a new thing. Companies know they can manufacture most products for cheaper overseas and still charge consumers high prices. Consumers don’t blink an eye because it is a common business practice that they’ve come to accept. Outsourcing is a business decision — cheaper labor means more profits for…
Dubai’s Jebel Ali Port was just named the world’s most productive port by the U.S. Journal of Commerce. It beat out 483 other ports around the world. The port has always been a leader. Back in 2007, it was ranked seventh in the world. However, Jebel Ali Port finally made it to the top.
It’s getting more expensive to manufacture electronics in China. That’s why several companies including LG, Microsoft, and Samsung are moving operations to Vietnam where the labor is cheaper and the tax breaks are better. Samsung Electronics plans to build a second mobile phone plant in Vietnam for around $3 billion.