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Image via Flickr by david nikonvscanon Countries around the world are adding more capacity for renewable energy at an incredible rate. It is a race to see who can lower their dependence on fossil fuels, coal, natural gas, and oil first by implementing solar, wind, and other renewable energy sources. Some of the leaders around…
Image via Flickr adifansnet As one of the largest sportswear brands in the world, Adidas needs to stay ahead of trends to maintain its position in the market. That’s why the company focuses on leaner and faster manufacturing processes. Adidas recently decided to take its manufacturing processes to an entirely new level.Oops! You don’t have…
Image via Flickr by U.S. Army Environmental Compound According to researcher Anupam Agrawal, a professor of business administration for the University of Illinois, there are several benefits in establishing relationships with suppliers beyond the first tier. However, most companies are neglecting to reach out to such companies. Agrawal recommends companies establishing such relationships by initiating a “sourcing hub”…
Image via Flickr by Scientology Media Profit margins are shrinking, and companies are running out of ways to cut costs to make up the difference. There’s little to be done about the costs of raw materials and goods, and production costs have been slashed as much as possible through automation systems. Inventories can’t be cut…
Image via Flickr by Walmart Corporate A recent study released by Motorola Solutions indicated that almost half of all distribution center managers plan to implement task interleaving within the next few years. Many vendors of warehouse management systems advertise task interleaving as part of their packages. When implemented correctly, task interleaving can boost productivity within…
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