New Survey Highlights Importance of Acknowledging Supply Chain as Strategic Business Asset

New Survey Highlights Importance of Acknowledging Supply Chain as Strategic Business Asset

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…

Legislation Targeting “Unhealthy” Food Advertisements to Children Unsuccessful, Study Says

Legislation Targeting “Unhealthy” Food Advertisements to Children Unsuccessful, Study Says

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…

Survey Reveals Millenial Generation Have Different Preferences Than Their Seniors

Survey Reveals Millenial Generation Have Different Preferences Than Their Seniors

If you’re investing in advertising efforts aimed at reaching the coveted age group of 18-34 year olds, you may want to reconsider your television and radio ads. According to a new survey conducted by Harris International on behalf of the on demand music streaming app Stitcher, Millenials are turning to on demand music and television,…

Travel Procurement Outsourcing Continues Despite Negative Perceptions

Travel Procurement Outsourcing Continues Despite Negative Perceptions

The term “outsourcing” usually brings to mind negative images including loss of control over key processes and lowering morale within the organization. However, businesses continue to outsource their travel procurement on a large scale, and new research tell us this is not likely to change anytime soon. In fact, many professionals in the industry are…

U.S. Natural Gas Suppliers Look Toward International Markets for Profits

U.S. Natural Gas Suppliers Look Toward International Markets for Profits

As the U.S. embarks on its quest for energy independence, relatively new procedures for tapping into our vast supplies of natural gas buried in shale underneath states like Colorado and New York open up opportunities for companies such as Exxon Mobil and Sempra Energy to boost profits, and perhaps the economy at large.

Automakers Back to Pre-recession Bad Habits, According to Study

Automakers Back to Pre-recession Bad Habits, According to Study

A new study released by Planning Perspectives, the 2013 OEM Supplier Study, suggests that the six biggest auto manufacturers are slipping back into the poor supplier relations that contributed to their problems. This is a serious issue, considering that these manufacturers pay suppliers about 60-70 percent of their gross revenues each year.

Aluminum Foil Packaging Market Expects Explosive Growth Over Next Decade

Aluminum Foil Packaging Market Expects Explosive Growth Over Next Decade

According to a report recently released by the analyst group Visiongain, the aluminum foil packaging industry should see strong growth between 2013 and 2023. The report, entitled “World Aluminum Foil Packing Market 2013-2023” cites developing markets as a primary source for driving this growth.

Yet Another Bangladesh Factory Tragedy Spurs Worldwide Anger, Leading to Job Loses in the Country
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Yet Another Bangladesh Factory Tragedy Spurs Worldwide Anger, Leading to Job Loses in the Country

The latest tragedy in Bangladesh’s dilapidated, poorly constructed, improperly maintained factories involved a clothing supplier, Tung Hai Sweaters, located in the capital city of Dhaka. Though the workers were not in the building at the time of the fire, a manager’s meeting led to the deaths of eight executives including the owner of the factory,…

Fears of Reduced Outsourcing Probably Unfounded, According to Proctor & Gamble

Fears of Reduced Outsourcing Probably Unfounded, According to Proctor & Gamble

Earlier this week, the Indian news publication The Economic Times caused quite a stir among information technologies services suppliers, especially those in India. The article quoted a source close to the retail company Proctor & Gamble, and claimed that the company intended to begin reductions in outsourcing. Most of the speculation surrounded a $3 billion…

Businesses Expected to Favor Energy-Efficient LED Lighting Over Other Technologies

Businesses Expected to Favor Energy-Efficient LED Lighting Over Other Technologies

As LED lighting technology becomes less expensive and offers higher quality, businesses are expected to favor this energy-efficient solution greatly over traditional lighting sources, such as incandescent bulbs, fluorescent, or high-intensity discharge (HID) lighting. In fact, a new study just released by Navigant Research predicts the LED industry will grow from its current $1.5 billion…