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Sriracha Shortage Incoming

Last year saw Huy Fong Foods, maker of the beloved spicy sauce Sriracha, issue a warning about supply shortage due to supply shortages of Mexican chiles. It looks like those issues are overflowing into this year as well due to bad weather conditions affecting crop yields.

Investments in US Manufacturing Surges

As companies try to reduce supply chain risks seen from the global pandemic, increased investments in US manufacturing is also due to two new pieces of legislation: the CHIPS act and the Inflation Reduction Act, which provides subsidies for specific manufacturing investments.

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News | UK & Europe

The U.S. Lifts Ban on Beef Imports from Ireland

ByVincent Po April 1, 2015March 23, 2015

Fifteen years ago, the U.S. banned imports of beef from Ireland because of mad cow disease. Now, the ban is being lifted. This will boost the euro beef industry by millions of dollars, particularly in Ireland. The U.S. Department of Agriculture has performed strict inspections at beef production facilities in Ireland and found that the beef…

News | North America

First Flying Car Could Be Released in 2017

ByVincent Po June 23, 2015June 19, 2015

The Federal Aviation Administration (FAA) has been hard at work trying to keep the sky safe, but new innovations, such as drones, have been making their job more difficult. Well, things are about to get even more complicated as the first flying car hopes to make its début. This could happen as early as 2017.

News

Tanzania Continues to Struggle with Corruption in Public Procurement

ByGiana Cho January 31, 2013January 29, 2013

Government corruption and procurement fraud are concerns for nations around the world, but for some countries, an effective and transparent public procurement system is even more of a challenge. Tanzania’s war against corruption is an ongoing battle that the Public Procurement Regulatory Authority (PPRA) and the World Bank have fought for more than 15 years.

News

Forget Unemployment, What About Employment?

ByVincent Po July 2, 2013June 28, 2013

The media love to talk about the country’s unemployment rate. The unemployment rate, however, doesn’t provide a very accurate picture of how many people have jobs. It just tells you how many people are looking for jobs. Once those people run out of unemployment protection or simply give up looking, they cease to exist.

News

How Off-the-Shelf Technology Can Be Profitable for Small Manufacturers

ByVincent Po September 18, 2023September 17, 2023

Amazon Launches Supply Chain Solution In its continued race to dominate e-commerce, Amazon announced a new automated supply chain service for sellers aptly named, Supply Chain by Amazon. The solution offers an end-to-end automated solution to help sellers bring product from manufacturing directly to their customers. (Is it me or did this sound like an…

News | North America | Regions

Sullivan County Develops Centralized Contract Procedures to Improve Procurement Control

ByVincent Po March 18, 2013March 15, 2013

Local level governments take various approaches to procurement. Many use a traditional centralized purchasing system, while others have deregulated public procurement and allow departments more control over their purchasing decisions. Sullivan County, New York isn’t the only government adopting a hybrid system that combines the benefits of both centralized and decentralized processes.