It’s no secret that consumer confidence has struggled alongside the economy’s manic behavior. Consumers find it hard to reconcile things such as high unemployment rates and record corporate profits. Throw in insecurities caused by new tax laws, the housing market, and other shifting economic features, and any economist would predict poor confidence.
Room service was once a staple of the hotel industry. In recent decades, though, something unsettling has happened: hotel guests feel ripped off by extravagant prices and yet hotels rarely make money by offering the service.
Many procurement professionals shy away from social media due to the overwhelming amount of information out there. It’s simply easier to manage if you avoid the up to the minute news and reports, and rely on the old newspaper or water cooler chat. However, with a few skills you can leverage this powerful tool and…
Overall, trucking companies had good news for their truckload profits as the first quarter of 2013 tallied up. ATA’s Truck Tonnage Index saw a 3.9 percent growth when compared to the same time period of 2012. However, the Cass Freight Index showed a lower growth on their calculations.
Global Manufacturing Outlook 2013, released by the Economist Intelligence Unit of KPMG, is a comprehensive report comprising of answers from 300 senior executives representing five different industries. Now that the results have been released to the public, it is clear that the way companies are achieving a competitive advantage is by enhancing their networks of…
Reeling from the backlash following several factory tragedies in developing nations, many retailers have passed immediate and sweeping regulations to help improve the conditions in which employees of suppliers are forced to work in. However, obvious gaps in their proposals leave many wondering if these changes will be nearly enough to prevent more large-scale disasters.
Just as horrifying stories about factory collapses in Bangladesh and Cambodia, as well as the horsemeat scandal in the United Kingdom, hit the newsstands, a new report indicates that companies are woefully unaware of their suppliers. The new study, released by the logistics management company Achilles, indicates this lack of visibility is a serious threat…
Replacing HVAC units, electrical equipment, lighting, hardware, and cleaning equipment sounds like an expensive prospect, especially for businesses struggling to recover from the recent economic recession. However, those businesses taking advantage of Energy Star products save money and increase profits in several ways.
A new survey released by PwC entitled, “Global Supply Chain Survey 2013” looks at the practices and experiences of 500 executives from around the globe, and has helped determine the importance of viewing the business’ supply chain as a vital asset to a solid business strategy. The survey examined executives across the board, including the…
The United Kingdom imposed stricter regulations on food advertisers in hopes of curbing youth obesity. There is a growing sentiment in the United States toward such legislation, aimed at reducing obesity and weight-related illnesses, such as type II diabetes. However, the latest research indicates the legislation had very little effect on actual ads viewed by…