A fleet commander in the Indonesian Navy has said that about 90 percent of piracy cases in the Malacca Strait area turn out to be bogus claims related to insurance fraud or business competition.
Shippers are forever on the lookout for ways to reduce their transportation costs. Brooks Bentz, president of supply chain consulting with Transplace, offers his view of where the most promising opportunities lie.
Whether it's a toy, automobile, medical device or food item, not a day goes by without news of another product recall. Unfortunately, recalls are a reality of the global economy and it truly is a matter of when, not if, a company will be impacted by one. Navigating a product recall tests customer relationships, puts pressure on the supply chain, affects sales and can paint brands in an unfavorable light. Given the serious nature of these and other recall execution challenges, it's critical that organizations have a recall plan in place long before an event occurs.
Tinker Air Force Base in Oklahoma is the home of the Oklahoma City Air Logistics Center (OC-ALC), the center of the Air Force Materiel Command's (AFMC) aircraft, engine, missile, software and avionics management and maintenance centers.
With President Xi Jinping of China beside him at a news conference in the White House Rose Garden last month, President Obama said the two had come to an agreement that China and the United States would refrain from cyberattacks aimed at pilfering company intellectual property or trade secrets for commercial advantage.
Calls for stricter regulation of medical devices within the EU, prompted the European Commission to propose new regulations in 2012 for medical devices and in vitro diagnostic medical devices (IVDs) to replace the existing directives.
The Federal Aviation Administration, behind schedule in finalizing regulations for commercial use of unmanned aerial systems, will be ready by June 17, 2016, according to recent congressional testimony by the agency's deputy administrator.