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Image via Flickr by star5112 How much money are you willing to pay for a cup of coffee? You’ve probably seen higher prices at the chain coffee stores because the price of coffee beans has more than doubled since January. This is partially due to the major drought in Brazil and other parts of Central…
Image via Flickr by Thomas Good Supply chains are an integral part of any business. They harness what the product is as well as the company’s vision while adhering to the demands of the consumers and business partners. There are, however, risks associated with a supply chain, especially if the supply chain is global.Oops! You don’t have…
Image via Flickr by GuySie Earlier this week, the Indian news publication The Economic Times caused quite a stir among information technologies services suppliers, especially those in India. The article quoted a source close to the retail company Proctor & Gamble, and claimed that the company intended to begin reductions in outsourcing. Most of the…
Image via Flickr by DeaPeaJay The world is starting to realize that relying on fossil fuels is not a good long-term strategy. Denmark realized this concept 30 years ago and is now leading the way in renewable energy with their wind turbine farms. They hope other countries will follow suit and change the way that…
Image via Flickr by B4bees Public-private partnerships are becoming increasingly common, especially in sectors such as infrastructure and healthcare. Tenders and the procurement process, however, are typically not a collaborative effort. Scotland is changing that as the country prepares to host two major sports events in 2014.Oops! You don’t have permission to view this page!…
Image via Flickr aushiker In 2015, ocean cargo rates for contracts on major East-West routes saw a sharp decline. As a result, carrier profits have been suffering. Contract rates have fallen because of lower fuel costs, more carrier competition, and surplus vessel capacity. Take a look at what this means for the transportation industry now…