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Image via Flickr by thetaxhaven Whether you have 20 years of procurement experience or you’re new on the supply chain scene, negotiating contracts with suppliers is often intimidating and stressful. Procurement professionals aren’t always trained in the art of negotiation, although the salespeople they’re working with are usually very well-trained. These easy steps will give…
Image via Flickr by memn What does it take to become the next international manufacturing hub? Many countries look to China for the answer to that question. Countries across the world will embark on this “Made In” voyage, but few will discover uncharted market opportunities.Oops! You don’t have permission to view this page! Make sure…
Image via Flickr by storyvillegirl The three largest shipping lines, Maersk, MSC and CMA CGM, are proposing an alliance known as the P3 Network Vessel Sharing Agreement. This agreement would allow the three companies to share vessels, port space, and resources in the world’s three largest shipping routes: Asia to Europe, trans-Atlantic, and trans-Pacific. Though the companies are moving…
Image via Flickr by Mike Mozart Wal-Mart is one of the most successful superstores in America. They sell everything from groceries and clothing to toys and car parts. Wal-Mart has literally become a one-stop shop for anything a family could want. The thing that sets them apart is their “Always Low Prices.” Wal-Mart’s supply chain…
Image via Flickr by azza-bazoo According to Reuters, “Japanese trading house Mitsubishi Corp said it is entering Australia’s diesel market by building a $103 million gas oil import terminal to tap growing demand and as a closure of several refineries has squeezed domestic supply of the fuel.”Oops! You don’t have permission to view this page!…
Image via Flickr by Walmart Corporate Most customers don’t realize the time, energy, and resources that go into making a super supply chain like Wal-Mart’s. Wal-Mart has 11,000 stores around the world and serves more than 130 million customers per week. They are able to dominate in the market because of their focus on technology,…