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Wal-Mart Makes Strategic Move to Acquire Jet
Wal-Mart is a retail giant with more brick-and-mortar locations in the U.S. than any other brand. The company boasts "everyday low prices" and appeals to consumers looking to save money on groceries and household items. However, Wal-Mart's online sales are not as high as the company desires. In August 2016, Wal-Mart announced that it will acquire Jet.com for $3 billion as a strategic move to boost online sales. Check out what Wal-Mart stands to gain from this acquisition.
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Image via Flickr by Victor1558 Effective supply chain management is the best way to cut costs and increase profits, but there are some issues that do more harm than good if they’re not handled correctly.Oops! You don’t have permission to view this page! Make sure you’re logged in and try again, or contact support.
Image via Flickr CC-BY-CarImages Automotive sales are on the rebound, as forecasts show that new car sales in the U.S. could exceed 15 million in 2016. Additionally, automakers are launching approximately 500 new car models on the market this year. This situation puts a lot of pressure on the auto parts supply chain industry. Some…
Image via Flickr by Rewji23 The chief executive officer of luxury automotive manufacturer Bentley Motors, Dr. Wolfgang Schreiber, has spoken publically about the country’s lack of basic supplier infrastructure when it comes to supplying needed parts for automakers. According to Schreiber, the country’s government is doing a good thing by providing £1 for the into low-carbon engines…
Image via Flickr by mlnoone The Federal Reserve Board announced the year-end growth numbers for the manufacturing sector this week. They reported positive gains for the industry overall, as well as many specific sectors within the industry. Manufacturing production rose .4 percent in December, following .6 percent gains for the months of October and November, marking the…
Image via Flickr by Michael Mandiberg President Barack Obama wants to strengthen the manufacturing supply chains of the U.S. Therefore he supports the Supply Chain Innovation Initiative created by the Department of Commerce’s Manufacturing Extension Partnership. It is a competition aimed at helping small manufacturers in the U.S. implement new technologies and ultimately strengthen the…
Image via Flickr by oskay Unicom – a Chinese mobile carrier – together with Tesla will offer free power to Tesla owners throughout the country. So far, the connection plugs will only work with Tesla vehicles.Oops! You don’t have permission to view this page! Make sure you’re logged in and try again, or contact support.
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