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Global Supply Chain Management: Page 754

PlayStation Factory Had Underage Interns on Assembly Line
A Chinese vocational school sent five 15-year-old boys to assemble Sony PlayStations at a Foxconn manufacturing plant in China, where the legal age to do such work is 16.
Business Leaders Must Balance a 'Two-Speed' World of Developed and Emerging Markets
Currently, most global companies are operating in a two-speed world, yet this scenario was not on the drawing board when today's leaders were rising through the ranks. The length of the economic malaise in mature markets and the sustained growth of emerging markets have jumbled the deck for them.
Hey, China Hasn't Gone Away. You Should Still Be There.
Don't give up on China, despite its short-term political and economic difficulties. So says Ted Fishman, author of "China, Inc., How the Rise of the Next Superpower Challenges America and the World" and former Chicago Mercantile Exchange trader.
Ireland Reasserts Itself in the Manufacturing World
Ireland was one of the fastest-growing European economies (though briefly it was also one of the most expensive), but suffered a major collapse starting in 2008. However, today its costs are rapidly coming back into line and Irish manufacturing companies are again becoming competitive.
U.S. Government Expands Air Cargo Security Screening Program
The U.S. Customs and Border Protection agency announced that it has "formalized and expanded" its Air Cargo Advance Screening pilot program, which enables cargo executives to send and receive advance security filing data for their consignments.
Wal-Mart Stores CEO Touts Company's Sustainability Initiatives
The impact of Wal-Mart's commitment to sustainability "will be global and make a difference with products sold around the globe," says company president and CEO Mike Duke.
Lending to Finance New Company Equipment Robust in September
U.S. companies borrowed more in September than a year ago to finance new equipment, the most in any month since December, but global economic and policy uncertainties curbed spending, the Equipment Leasing and Finance Association said.
Supplier Diversity Often More Advanced in U.S. Than in Many Parts of the World
In the United States, the concept of supplier diversity is becoming more embedded in corporate culture each year. Supply management professionals seek out small- and midsized businesses owned and operated by women, African Americans, Hispanics and other minorities to round out their supply chains, and they are increasingly developing relationships and partnerships built on the foundation of mutual benefit to both parties. Such initiatives outside the U.S. often aren't quite as developed.
Consumer Confidence Highest Since 2008, According to Electronics Industry Association
Consumer confidence in the overall economy increased in October to the highest level since 2008, according to the October Index from the Consumer Electronics Association. Consumer confidence in technology fell slightly from the Index released in September.
A Mix of Modern and Traditional Retail Strategies Required to Sell to Emerging Markets
To get products to customers in emerging markets, global manufacturers need strategies for navigating both the traditional and the modern retail landscapes.
Tesla Drives Into Litigation When It Opens Own Stores Rather Than Sell Through Independent Dealers
When electric-car company Tesla Motors Inc. started selling its flagship Model S luxury hatchback earlier this year, it eschewed the traditional dealership network to open its own stores. That's not sitting well with U.S. auto dealers, who have controlled new-vehicle sales for nearly a century. Some are suing the new entrant.
Law Amended to Provide Adequate Rest for Crew Members of Commercial Ocean Vessels
Commercial vessels that operate beyond the internal waters of the United States, otherwise known as "beyond the boundary line," are subject to the provisions of the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers, which requires that they be allowed to rest.
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