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Image via Flickr by Quadrofonic Wingnut Rare earth metals are a group of elements found with moderate abundance in the core of the earth. There are 17 rare metals, 15 in a group called lanthanides plus yttrium and scandium. These elements are essential in many manufactured products, including catalytic converters for automobiles, certain petroleum refining…
Image via Flickr by MDGovpics Global Manufacturing Outlook 2013, released by the Economist Intelligence Unit of KPMG, is a comprehensive report comprising of answers from 300 senior executives representing five different industries. Now that the results have been released to the public, it is clear that the way companies are achieving a competitive advantage is…
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 Key Foster The UK horse meat scandal continues to grow as officials investigate deeper. Over the last 7 years, the UK Border Agency has seized over 48 tons of meat entering the country illegally and doesn’t have the resources to control the problem alone. Government representatives are meeting with food industry…
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 Christian Cable In 2012, Hostess filed for bankruptcy. At that time, the company announced that it would no longer manufacture Twinkies or many of the brand’s other goodies. This caused an uproar, and the little spongy cakes started flying off the shelves. Hostess has since completed major rebranding and is finally making…