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Business & Industry

The China Price: The True Cost of Chinese Competitive Advantage

In The China Price: The True Cost of Chinese Competitive Advantage, acclaimed Financial Times correspondent Alexandra Harney explores the hidden price tag for China's economic juggernaut. Acclaimed Financial Times correspondent Alexandra Harney uncovers the truth about how China is able to offer such amazingly low prices to the rest of the world. She has discovered that intense pricing pressure...

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Business & Industry

6 Approaches to Better Procurement

The pressure to reduce cost puts tremendous stress on procurement officers. But procurement isn't simply about getting more for less. Consider these six points to improve your purchasing team's competitiveness. As chief purchasing officers (CPOs) address current and potential suppliers, analyze their performance and rank their attractiveness for critical company needs, it is worth considering the...

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Business & Industry

How to Shorten the Order-to-Cash Cycle

Most consumers expect the turnaround time between order and delivery to be quick. Companies that focus on shortening the order-to-invoice period are better positioned to provide that nearly instant gratification. Customers have grown used to ordering online and receiving a product very quickly. As such, when the turnaround time comes, customers expect manufacturers to shorten the time between...

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Business & Industry

Does Federal Red Tape Deter Small Business?

Current thinking by some, including the former federal procurement administrator, is that the complexity of government contracting is simply too discouraging to small businesses. When Congress set up the United States Small Business Administration (SBA) in 1953, it declared that small businesses would be awarded at least 23 percent of all federal government prime contracts. It hasn't been easy...

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Business & Industry

Weekly Industry Crib Sheet: A Longer but Less Severe Downturn...

...Oil Prices Today and Tomorrow, Engineers Wanted, Boeing Boom and MORE. Expect a Longer, But Less Severe Downturn The economic downturn may not be as severe as we feared, but it's probably not going to be as short as we had hoped, according to one JPMorgan economist. Reflecting that assessment, JPMorgan raised its first-half GDP forecast from a 0.5 percent decline, at an annual rate, to a 0.35...

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Business & Industry

Light Friday: Are You Changing Your Vacation Plans Because of Gas Prices?

Plus 5 Things to Do When Your Flight is Canceled, This Week in Invention History, Hubble Turns 18, This Week in Invention Disputes and MORE. Last year at this time, the national average for regular unleaded was $2.86 per gallon. Now it's $3.53 -- and rising daily. A national average approaching $4 a gallon should not be ruled out by consumers later this year, an AAA rep tells CNN.com, saying...

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Business & Industry

Best Practices and Bad Practices: Reviewing the Supply Chain

A lean supply chain demands continuously seeking ways to eliminate waste and become more efficient. While not all professionals agree on universal best practices, many concur that there are bad practices to avoid. Using metrics and benchmarking are crucial for supply chain success. But even finding the ideal benchmark for each segment of processing calls for deep soul-searching and analysis. A...

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Business & Industry

China Already Surpassed U.S. as World's Top Polluter

China's carbon dioxide (CO2) emissions are growing much faster than anticipated and are on pace to double during this decade. In fact, according to a recent report, China has already overtaken the United States as the world's largest carbon polluter. New research suggests China's greenhouse gas (GHG) emissions have been underestimated and probably passed those of the U.S. in 2006-2007, claims a...

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Business & Industry

How Green Now Pleases Hippies and Suits

Earth Day is no longer simply about feeling good about Mother Earth, as the holiday has taken on a more practical meaning. Why shouldn't companies take advantage of the green buzz as a means to improve business operations and reduce supply chain costs? Earth Day gives agencies and groups a platform to inform others about their environmentally friendly initiatives. It does the same for marketers,...

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Business & Industry

Weekly Industry Crib Sheet: Bulldozer Sales Up Overseas, China Cracks Down on IP Infringers...

...Chrysler and Nissan to Co-manufacture, HR Pros Support Family Leave Act and MORE. Industrial Production Rises in March United States industrial production rose 0.3 percent in March after having fallen 0.7 percent in February, according to the Federal Reserve. Manufacturing production grew 0.1 percent in March, having dropped 0.5 percent in February. But the factory operating rates declined 0.1...

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