Industry Trends: Business & Industry

Business & Industry

What's Driving Global Manufacturing Competitiveness?

Access to talent that supports innovation is the key factor driving global manufacturing competitiveness, well ahead of traditional factors such as materials costs and energy policies, according to a new report. Industries and policymakers around the world are struggling with ways to recover from, or at least navigate, a still-volatile economic landscape. It is more important now than ever for...

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Business & Industry

Sustainability Spotlight: Driving Toward a Cleaner Future with GreenRoad

Proving that use of alternative energy vehicles is not the only way to reduce fuel consumption, the service offered by GreenRoad provides fleets with a cost-effective and practical way to go green. Their innovative use of technology to improve the sustainability of fleets and reduce vehicle emissions has earned them the 2010 Technology Innovation and Green Excellence of the Year Award from Frost...

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Business & Industry

New Solar Hot Water Technology May Be Coming to a Home Near You

Using the sun to heat up water is not a new concept. Solar hot water heater technology has been around for 30 years but has not gained a good foothold in this country as it has in other countries. Is the problem the technology, or the salesmanship, or the cost, or all of the above?  The technology has improved over the last 30 years and now may be the time to rethink the use of solar to heat...

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Business & Industry

World Steel Production Surges in May

Global crude steel output increased by nearly 30 percent above the prior-year level in May, according to new data from the World Steel Association. Despite some signs of a slowdown in growth, steel production has surpassed pre-recession levels. Worldwide production of crude steel rose 29.1 percent year-over-year in May, while the capacity utilization rate among steel manufacturers declined to 82...

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Business & Industry

Lead in the Sippy Cup? Environmental Group Finds Lead in Children's Juices

If you're a parent, chances are you buy a lot of juice, particularly apple juice. Chances are, you buy familiar brands that often boast a lot of marketing language like "all natural," "made in the USA" and even "organic." You probably wouldn't buy an apple juice that bears the label, "Exceeds the daily safe dose of lead in every serving," but according to a new research study, that may be exactly...

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Business & Industry

4 Tips for Hiring Top Talent

Hiring managers today have a larger pool of applicants from which to choose. Nonetheless, many employers are realizing how hard it is to attract and hire the best employees. Employer optimism in the global labor market is gradually improving, according to recent data. With business confidence levels on the rise, increasingly more employers are beginning to consider hiring workers, even if only to...

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Business & Industry

Cooperative Purchasing: Buy More for Less?

Whether you call it group purchasing, consortium purchasing or collaborative buying, this procurement method isn't new. Yet recent evidence suggests that cooperative purchasing may be more important than ever. In its annual Global Sourcing Trends in 2010 report, Morrison & Foerster's Global Sourcing Group forecast a renewed emphasis on shared services, with competitors cooperating on certain...

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Business & Industry

WTO Tackles China Trade Dispute

China's recent move to restrict exports of certain raw materials is raising questions about the fairness and effectiveness of its new policies from economic organizations and trading partners. A recent decision by the Chinese government to curb exports of some precious metals and raw materials is intended to be a conservation measure, whose stated purpose is to reduce the effects of industry on...

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Business & Industry

CPOs Navigate a Still-Troubled Economy

In today's global economy, the chief procurement officer (CPO) plays a vital role in equipping the purchasing function to play its part. Yet many continue to face both external and internal barriers to hitting savings targets. Here we look at some of the key challenges facing CPOs as the still-troubled global economy turns a corner, and the factors that most affect procurement professionals'...

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Business & Industry

Oil 101

The book the Financial Times called an "industry must-read," Oil 101 presents a detailed and unbiased examination of oil's economic and social significance, its history and the science behind collecting, refining and transporting it around the world. FROM THE PUBLISHER Oil 101 is a straightforward guide to oil and an essential read for anyone coming to grips with where oil prices, the economy and...

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