In recent years, supply chains have become longer and more complex, while the severity and frequency of supply chain disruptions seems to be increasing. In close cooperation with Accenture, the World Economic Forum recently presented a report, "Building Resilience in Supply Chains," at the WEF Annual Meeting in Davos, Switzerland. It indicates that significant supply chain disruptions reduce the share price of affected companies by as much as seven percent on average.
Analyst Insight: With the government of India recently liberalizing foreign investment into the country's retail sector, many global retailers are eyeing the country as the next expansion opportunity. The experience of early entrants into India's organized retail has shown that supply chain inefficiencies are among the top hurdles to profitability. The unique Indian context requires creative sourcing approaches and significant investment in training and retaining local skilled supply chain talent.
- Viktoria Sadlovska, Chief Research Officer, Prameya Research
President Barack Obama is trying to persuade the United States to adopt a cap-and-trade system to curb greenhouse gas emissions. But the European Union's Emissions Trading System "” the world's flagship effort "” is sputtering. European carbon permits, which traded at about €30 ($40) per ton a few years ago, are now hovering at about €5 per ton or less.
As talks are announced regarding a potential free-trade agreement between the two continental powers, which could simplify and revolutionize the €450 per annum trans-Atlantic trade there are rumblings in UK freight forwarding circles that another agreement, potentially a precursor to the main agreement and involving the security concerns when shipping goods between the partners, does not appear to hold all that it originally seemed to promise.
One of the most important challenges facing the government today is ensuring that Taiwan is not left on the sidelines as the Asia-Pacific region moves toward greater economic integration. This goal can only be achieved by further strengthening ties with major trading partners and hammering out state-of-the-art economic and investment pacts.
President Obama didn't draw the connection in his State of the Union address, but his plan to raise the minimum wage might help him with his plan to curb illegal immigration.
President Obama didn't mention the word "retail" a single time in his State of the Union address. But retailers could nonetheless be widely impacted by proposals put forth in the annual speech to Congress, ranging from promises to create jobs and grow the economy to a plan to increase the federal minimum wage that is drawing headlines this morning.
Labelmaster, a manufacturer and distributor of items for complying with regulations on the movement of hazardous materials, has added reusable crates to its product line.