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Image via Flickr by Mark Hillary Outsourcing the production of goods is not a new thing. Companies know they can manufacture most products for cheaper overseas and still charge consumers high prices. Consumers don’t blink an eye because it is a common business practice that they’ve come to accept. Outsourcing is a business decision —…
Image via Flickr by justj0000lie Sears has had a difficult time adjusting to the ways that consumers shop in the new economy. It’s had a six year slump in sales. The company has actually lost money for the last two years. But Eddie Lambert, CEO, believes he knows how he can turn Sears around through…
Image via Flickr by deerkoski The latest model of the world’s premier smartphone, the iPhone 6, will come at a lower cost to consumers at $199. Analysts expect iPhone addicts aren’t the only ones who will benefit from the pricing transition; it’s expected to act as a subsidy for the Asian supply chain, as well.Oops!…
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 SteelMaster Buildings The London Metal Exchange (LME) decided on new regulations this past Thursday, Nov. 7, aimed at addressing bottlenecks of metals in its warehouses. According to The Wall Street Journal, these bottlenecks are usually caused when warehouses reserve metals for traders and bankers, which are using it to raise working…
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