UK & Europe

News | UK & Europe

Ferrari’s Supply Chain Is Facing More Demand

Ferrari is one of the best known high-performance vehicle brands around the world. Customers expect nothing but the best, and Ferrari delivers. That’s why the company has been so successful to date. However, demand for the Ferrari brand in new markets is presenting challenges to its supply chain. Ferrari must produce more vehicles without compromising…

News | UK & Europe

Scotland Sets the Example with Their Public Procurement Plan

The UK spends £178bn on public procurement each year. Scotland sees this as a great opportunity to invest in UK’s struggling economy. They’ve created Crown Commercial Service, Major Projects Authority, and several other initiatives to help with social and economic growth. Scotland is setting an example for other countries through their public procurement strategy. However,…

News | UK & Europe

Oil Prices Could Be Headed Even Lower

In the summer, the price of a barrel of oil dropped 35 percent in a short amount of time. It has been headed down ever since. This is because of surging U.S. oil production levels and competition around the world. Experts predict that there is no end in sight for how low oil could go.

News | Regions | UK & Europe

Germany’s New Textile Alliance Faces Resistance

Germany is pushing to improve its clothing supply chain by making processes more socially responsible and ecologically sustainable. The Minister for Economic Cooperation and Development in Germany, Gerd Müller, launched the Textile Alliance in Berlin this October. However, some businesses don’t want to participate and the resistance could mean a slow adoption rate.

News | Regions | UK & Europe

New US and EU Bans on Russia Will Impact Several Major Industries

According to Reuters, “Leaders of the United States and major European powers agreed in a teleconference on Monday [July 28] to impose sanctions on Russia’s banking, technology, and arms sectors. The U.S. Treasury imposed sanctions on more Russian banks, targeting VTB, the Bank of Moscow, and the Russian Agriculture Bank, as well as the United…

News | Regions | UK & Europe

China’s Positive Impact on Future Greek Production

Greece’s relationship with China could contribute to further growth within manufacturing, as well as overall economic opportunities for the country. According to Ekathimerini News, “[…] in the last three years Greek exports to China have been posting an annual growth rate of 40 percent to exceed 420 million euros in 2013, while Chinese imports to…