Finance, Internal Audit, Ethics & Compliance Auditing, Operations, Information Technology, Data Centers & Storage
A framework commonly used by companies to transfer employee and customer data from the EU to the U.S. is now illegal—and companies with European operations must find alternatives before the grace period ends in January. This creates significant problems for businesses investigating bribery and corruption, since even work emails are considered private in the EU.
Global Economy, Economic Environment, Operations, Manufacturing, Production
Following is an analysis from Daniel J. Meckstroth, Ph.D., vice president and chief economist for the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation, regarding the October 2015 Institute for Supply Management (ISM) report.
Global Economy, Competitiveness, Operations, Manufacturing, Manufacturing Footprint, Reshoring/Nearshoring
A new study produced by MAPI and Deloitte draws on a survey of global manufacturers to offer insights into which new markets manufacturers plan to enter in the next five years. As might be expected, the United States and China should see the greatest number of investments in existing operations by 2020. Various countries in Asia and South America should see increases in new project investments.
Over the last 20 years, the growing global economy has allowed manufacturers to enter new markets to serve an increasingly global customer base while also shortening supply chains and reducing cost structures.
Growth & Innovation, Research & Development, Research, Innovation, Leadership, Human Resources, Recruiting & Hiring, Operations, Continuous Improvement, Productivity
Fifty years ago, on a trip to China, the renowned Chicago economist Milton Friedman was shown some of the country's noteworthy public works programs in which hundreds of laborers were digging a canal with shovels.
Global Economy, Competitiveness, Foreign Trade, Operations, Supply Chain, Logistics
China aspires to create a New Silk Road—a massive trade loop spanning three continents. Through the project, the government intends to diversify and increase alternative energy supplies, create an infrastructure network to boost trade with Eurasia, and promote the economic development of some of its relatively poor provinces.