Walmart Tightens Supply Chain After Bangladesh Factory Fire

Walmart Tightens Supply Chain After Bangladesh Factory Fire

Wal-Mart announced changes to their supply chain policies shortly after a clothing factory in Bangladesh went up in flames. The fire killed over 100 employees at a facility subcontracted by a Wal-Mart supplier without the retail giant’s approval. Under Wal-Mart’s current policy, suppliers have three chances to rectify noncompliance issues like this, but that will…

Can Apple Stay on Top in Today’s Competitive Market?

Can Apple Stay on Top in Today’s Competitive Market?

Since the launch of the first iPhone in 2007, Apple has led the mobile technology market. Apple stocks, however, dropped to the lowest point in 11 months after the company cut supply orders for this quarter. Increased competition is one likely cause of the iPhone 5’s less-than-forecasted demand, but there are several other speculations. The…

Tanzania Continues to Struggle with Corruption in Public Procurement

Tanzania Continues to Struggle with Corruption in Public Procurement

Government corruption and procurement fraud are concerns for nations around the world, but for some countries, an effective and transparent public procurement system is even more of a challenge. Tanzania’s war against corruption is an ongoing battle that the Public Procurement Regulatory Authority (PPRA) and the World Bank have fought for more than 15 years.