Shrink, comprised of shoplifting, employee or supplier fraud and administrative errors, cost the global retail industry more than $128bn last year, $42bn in the US alone, according to the latest Global Retail Theft Barometer. This represents 1.29 percent of retail sales, on average.
The European plastics industry has published a manifesto alerting officials in Brussels to the many impediments it faces, and which it hopes will influence European Union policy.
As Ebola persists in West Africa, shipping lines and traders are tweaking their contracts to protect themselves if the disease puts crews at risk of infection or prevents vessels calling at affected ports.
Even in the age of recycling, forward and reverse supply chains have tended to be treated as separate disciplines. Now the world's largest retailer is partnering with major consumer goods manufacturers to help erase that distinction.
SmartDrive Systems, a vendor of technology to improve driving performance and boost fuel efficiency, is partnering with Convoy Technologies, LLC, a provider of camera systems for the transportation industry.
The Ebola crisis has given rise to the usual epidemic of misinformation, overreaction and lack of preparedness by individuals and business. Will we ever learn?
Competition for job-creating foreign direct investment (FDI) is brutal these days in the European Union. Although it used to be the world's biggest recipient of FDI, its global share has now fallen from almost 29 percent in 2011 to 17 percent in 2013, according to UNCTAD. With European investment subdued, banks reining in lending and economies struggling to grow, foreigners with fat wallets are more than usually needed. Even France has engaged this year in a charm offensive to lure them in. So a recent study suggesting that only 12 percent of American companies with operations in France rate it positively as an investment destination is ruffling feathers.
Faced with new challenges in serving global markets, Amgen set out to improve its supply-chain resiliency with the help of a system from Resilinc. Patricia Turney, executive director of supply chain, tells the story.
An Environmental Protection Agency proposed rule that would require modified and reconstructed power plants to meet two different carbon dioxide emissions standards under separate provisions of the Clean Air Act is illegal, states and industry groups said.