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General SCM: Page 878
Accurate Classifications Eliminate Demurrage Costs for Furniture Importer
Challenge:
A U.S. furniture importer with over 100 shipments per month from China experienced costly demurrage and delays due to untimely entry filings. Lengthy and complex invoices made it difficult to determine whether the goods — which included bed parts and other furniture components — should be classified as individual parts, complete beds or other complete furniture items. These time-consuming entries resulted in late filings, and the delays put the company at risk for chargebacks from big-box retailers.
Unraveling the Complexities of Anti-Bribery and Corruption Laws
When it comes to eliminating bribery and corruption from your supply chain, who is this “foreign public official” that you have to worry about?
For U.S. Business, Trump's China Deal Can't Come Soon Enough
Pretty much everyone from farmers in the American grain belt to importers of technology products wants an end to President Trump’s trade war with China.
World's Fastest Electric Car Chargers Are Waiting for Batteries to Catch Up
Electric vehicles will comprise more than half of all new car sales in 2040, research suggests. To meet the power demand, about $50bn of investment in charging equipment is needed through 2030.
How a U.S.-Mexico Border Closure Could Impact Your Next Meal
An actual shutdown for the U.S.-Mexico border would have far-reaching consequences on economies and people, but one unexpected victim could also be the average American’s plate.
Podcast | ‘Fear and Mobility’: How Workers Feel About the Economy
We’re currently in a strong economy, with low unemployment, but a lot of workers are afraid it won’t last.
China's Demand for $17,000 Gene-Altered Lab Mice Is Skyrocketing
President Xi Jinping’s drive to turn China into a biomedical powerhouse has pushed the country deeper into drug discovery and to the forefront of genetics.
Singapore's Biggest Online Mall Fights Alibaba With Blockchain
In the last decade, Ku Young Bae — a serial entrepreneur and South Korean transplant — has built Singapore’s biggest e-commerce company and fended off giant rivals like Alibaba, Amazon and Tencent.
How to Turn Supply Chain Complexity Into Great Service
The secret to service-driven planning is probability forecasting and stock mix optimization.
The Trade War Didn't Stop a Google and Huawei AI Collaboration
When Huawei announced its latest smartphone last week, the world’s largest telecommunications gear maker also shared another product. Track AI promises to pair software with Huawei devices to let “non-trained professionals” diagnose eye conditions.
Goodwill Wants to Take New Orders Right Out of Amazon's Hands
Goodwill is setting its sights on a formidable rival for a charity thrift store: Amazon.
Aldi Sets Sustainability Goals as Consumers Call for Less Waste
Aldi is the latest supermarket chain to announce a sustainability push — an effort the company says will help it trim costs and stand out in a crowded field.
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