Two shipping firms based in Germany and Cyprus have pleaded guilty to felony obstruction of justice charges and violating the Act to Prevent Pollution from Ships (APPS, 33 U.S.C. §§1905-1915) related to the deliberate concealment of vessel pollution from four ships that visited ports in New Jersey, Delaware and Northern California.
Once we were discussing how supply chains are designed when someone made an insightful comment: "The vast majority of supply chains are not designed. They just happen. Their current form is the cumulative result of hundreds of mostly uncoordinated individual decisions made over many years or decades." The same could be said about enterprise application integration for many companies, in spite of the earnest efforts of enterprise IT planners and architects.
Wal-Mart Stores Inc., the world's largest retailer, says that after a fire at a Bangladesh factory last year killed 112 people it is making its biggest push yet to try to improve conditions at factories that produce its clothing.
"Collaboration" and "supply chain" go hand in hand, or you might think they should. But there are two kinds of collaboration with respect to supply chains. While many companies are focused on working with suppliers to arrive at more efficient and effective solutions, studies have repeatedly shown that far fewer work cross-functionally inside the organization to achieve the same result.
Businesses today are just as committed to cost reduction as they were in the depths of the global recession. The main difference now is that many are focused on cost-cutting as a way to drive growth, rather than as a way to survive or avoid insolvency. This was one of the key findings from Deloitte's third biennial cost survey of companies in the Fortune 1000.
The cost of Somali piracy to the global economy has declined by 12.5 percent since 2011 as attacks fell sharply, a survey showed, but the cost of armed guards to protect ships soared. The annual report by the Oceans Beyond Piracy advocacy group estimated the cost of piracy at $5.7bn to 6.1bn in 2012.
Business leaders in the United States showed signs of increased optimism in the performance of the nation's economy in the first quarter of 2013, according to the latest data from the Grant Thornton International Business Report. The report also showed higher global business optimism.