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Image via Flickr by CDEGlobal “Australia posted its biggest trade deficit in almost a year-and-a-half, as weaker iron-ore prices and a stronger Australian dollar weighed on the resource-rich nation’s export earnings. The deficit widened to 1.91 billion Australian dollars (US$1.8 billion) in May from a revised A$780 million the previous month, according to the country’s…
Image via Flickr by Nickolas Titkov Economists say a weakening ruble, as well U.S. and European sanctions, could wane on an already distressed Russian manufacturing sector. The unstable ruble has already prompted French carmaker Renault to ease off plans to manufacture vans through ZIL (a Russian truck-maker).Oops! You don’t have permission to view this page!…
Image via Flickr by didbygraham Staples, a global retailer of office supplies and equipment, has found the perfect niche for using electric trucks within their fleet of almost 2,000 delivery vehicles. According to Staples director of fleet equipment Mike Payette, the trucks are ideal for short local delivery routes within cities where lots of stops…
Image via Flickr by Robert Sheie Specialty Retail Group (SRG) is a menswear retailer based in the UK, which serves both the UK and Ireland with menswear. The company primarily specializes in suits, which account for half their annual revenues. They operate 80 stores, employing 600 workers, as well as a headquarters and warehouse, which…
Image via Flickr mckaysavage After years of political unrest, peace is on the horizon for Colombia. The nation’s leaders are now looking for ways to boost its economy. That’s why Colombia is considering broader world trade participation. The country has been talking to the United States about a mutually beneficial agreement. With 48 million citizens,…
Image via Flickr by New York District, U.S. Army Corps of Engineers For years, cost savings has dominated the minds and activities of procurement professionals. State of Flux issues studies and reports on trends in the procurement industry. Cost savings consistently reigns in terms of importance. However, for the first time ever, this study revealed that risk…