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Global Supply Chain Management

100417 toymakerssaythereis

Toymakers Say There Is 'Widespread Panic' Following Toys "R" Us Bankruptcy

October 4, 2017
The Washington Post
Within hours of Toys "R" Us's bankruptcy filing last month, the maker of Max Tow Truck and Animal Babies Nursery sounded a financial alarm of its own: Jakks Pacific, the company said, expected to swing to a loss this year as a result of the mega-retailer's bankruptcy.
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Logistics Sector Cheers May's Support for Brexit Transition Period

October 3, 2017
Air Cargo World
The U.K.'s Freight Transport Association (FTA) welcomed Prime Minister Teresa May's call last week for a transition period as a key priority for Brexit negotiations. But, as May's Tories grip on power continues to erode against an ascendant Labor party, the prime minister's pragmatic turn might be too little, too late, and the future of U.K.-E.U. trade remains unclear.
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When Fines Fail, How Can Companies Be Made to Pay for Deforestation?

October 2, 2017
The Guardian
Nearly a year after an Indonesian court ordered a timber company to pay country's largest ever fine for deforestation, the government has been unable to collect the money, prompting campaigners to call for tougher sanctions against illegal loggers.
Read More
100217 bestbuyssecretsfor

Best Buy's Secrets for Thriving in the Amazon Age

October 2, 2017
The New York Times
While running errands the other day, I ducked into a local Best Buy to pick up a pair of new headphones. What I saw inside was shocking.
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Container Ships Need Better Fire-Fighting Systems, Insurance Group Says

September 29, 2017
Maritime Executive
The International Union of Marine Insurance has called for better fire-fighting systems on board container ships, citing its concern that current provisions are insufficient given the growing size of container vessels and a recent spate of fires on board ships.
Read More
092917 bewaryoflinks

Be Wary of Links Between the Gig Economy and Modern Slavery

September 29, 2017
Supply Management
Procurement professionals need to be aware of the links between the poor employment practices linked to the gig economy and modern slavery, a European government official warns.
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Global Trade Rebounds Strongly in First Half of 2017, WTO Says

September 29, 2017
Industryweek
The World Trade Organization this month upped its forecast for global trade growth in 2017 thanks to stronger than expected demand for merchandise in Asia and North America.
Read More

Chocolate Industry Drives Rainforest Disaster in Ivory Coast

September 28, 2017
The Guardian
The world's chocolate industry is driving deforestation on a devastating scale in West Africa, the Guardian has reported.
Read More

Plastics Shortages, Price Increases Result From Harvey's Aftermath

September 28, 2017
Environmental Leader
Companies know that climate change and severe weather events can significantly impacts their business, but preparing for such events can be a challenge.
Read More
092817 whyindiaandchina

Why India and China May Be the Solution to the World's Fast Fashion Crisis

September 28, 2017
Forbes
Consumers these days are no longer strangers to the dark underbelly of the $3tr fashion industry. The textile and garment industry, second only to oil in its polluting effects, has been criticized for its labor standards, hazardous chemicals, and greenhouse gas and waste production.
Read More
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Global Supply Chain Management

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