Wal-Mart executives are considering a new price-matching program for their online retail division starting this holiday season. They already give their managers in brick-and-mortar stores the ability to price match competitor sales if a customer brings in proof of a cheaper price, but Wal-Mart is considering taking this to a whole new level with their…
The Ebola outbreak in West Africa is causing havoc on the world’s economy, but the agricultural industry is seeing one of the biggest hits. West Africa accounts for 70 percent of the world’s cocoa production, and many fear that Ebola will make imports from West Africa more difficult, especially if the disease spirals further out…
Tesla and Fisker have similar stories. They both introduced luxury sports cars to the market around the same time — Fisker’s Karma at the end of 2010 and Tesla’s Roadster at the end of 2009. They also both got loans from the U.S. Department of Energy to ramp up production. Tesla racked up a huge…
Bloomberg reported that the price of nickel saw a sharp jump in price on Wednesday after five months of lengthy declines. China’s inventory is already tight, and they plan to reduce their output further in favor of cheaper alternatives. Speculation about what China will do and the low stockpiles currently available are responsible for the…
India is a heavy importer of fuel. Therefore, their economy is more sensitive to changes in energy prices than other countries. Commodity prices around the world are in a slump, especially for energy products such as oil, gas, and coal. This is proving to be a good thing for India’s economy, particularly in their manufacturing…
UHC is a research alliance for nonprofit academic medical centers around the nation. They conduct studies on the effiicency and quality of hospital supply chains. Since 2007, UHC has been giving awards to healthcare organizations with the best supply chain systems. They conduct a study each year and then present awards based on their findings….
Every year, people expect UPS and other shipping companies to raise their rates to cover rising fuel costs and new services. UPS didn’t dissapoint this year. They announced that they’re increasing shipping rates for services between the U.S., Canada, and Puerto Rico for 2015. The rate increase will take effect on December 29, 2014 and…
The International Longshore Warehouse Union and the Pacific Maritime Association have been arguing over labor contracts since earlier this year. Their disagreements have caused major delays at the West Coast ports. Months later, there is still is no progress.
Ebola is spread from person to person. It is not transmitted through goods shipped from areas where people are infected with the disease. However, the Ebola crisis is still causing shipping delays around the world. The problem is not the goods being shipped, but the drivers and pilots transporting the goods.
The Apple Watch hasn’t made its debut yet, but many believe it has already cornered the market on smart watches. Why? Because everyone anticipates that the Apple Watch will be more functional and fashionable than any other smart watch already on the market. Everyone is eagerly awaiting for the Apple Watch to be available in…