Case Study: Hasbro reduces supply chain costs As an 80’s child, Hasbro was the toy-maker of many beloved childhood toys when I was growing up. But present day toy sales just aren’t the same. To respond to that, Hasbro has started streamlining their supply chain and the process has led to some nice cost reductions….
Canadian Rail Work Stoppage Is Off/On Again? Earlier in the year, Canada had to deal with losing millions in trade business due to a work stoppage at the marine ports, now, the Canadian Government doesn’t want more of that trade hurt to come down and forcing the rail workers to continue working despite disagreement in…
Steel Supply Heading Towards Crisis Levels? The demand for steel is heading towards “crisis” levels warns one of the industries biggest suppliers. Industry executives are preparing everyone for a Game of Thrones-level forewarning that “Winter is coming” to the steel industry as executives expect demand for steel to plummet around the world. Discount Furniture Sellers…
Fedex & UPS Offering Competitive Prices, Who Knew? If you’re an SMB (small business), you might be eligible for competitive pricing from the big couriers like Fedex and UPS. As both delivery companies compete for more customers, the competition is benefiting small businesses. The Future of Auto Manufacturing: Robots AI robot startup, Figure, released new…
In the Face of Supply Chain Challenges, Hasbro, Has Tackled This Head on As many businesses experienced during the pandemic years, supply chain headaches were experienced by business small and large. Take the established toy manufacturer, Hasbro, they tackled their supply chain challenges and have even turned the challenges into better profit margins. Here’s how…
Your Coffee’s Costing More My daily coffee has been steadily increasing in cost in recent years (even if I brew it at home). As climate events such as droughts continue to wreak havoc on production of arabica beans in Brazil and Vietnam, even instant coffee is now being affected. The price of Robusta beans, which…
What Happens When We’ve Mined Everything on Earth? A deepwater port and road project has been given the greenlight in the Nunavut (northern region of Canada). This project would create the first “road” linking Canada to the Arctic. Why? The Canadian Arctic is rich with minerals and rare earth metals but hasn’t been mined yet…
Canada Planning Tariffs on Chinese EVs Last week, we wrote about tariffs. Now, Canada looks set to slap on tariffs on Chinese-made EV’s aligning with what the US is doing. While the details are yet to be confirmed and finalized, the tariffs are believed to be similar to the US, which could be upwards of…
Do Tariffs Really Work? Small businesses are getting caught in the crossfire in the trade wars between the US and China. Tariffs imposed on products from Chinese manufacturers are borne by the US-based business importing the goods, meaning businesses are seeing their cost of goods increase approximately 25% just from tariffs. The US is not…
Port of Baltimore Set to Reopen After having a container ship crash into and pretty much demolish the bridge and block the important shipping channel, the Port of Baltimore shipping channel is set to reopen after a LOT of hard work to remove the debris. US Customs Crack Down on Brokers of Cheap Online Orders…