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  • Alibaba Garners $17 Billion in Singles’ Day Sales

    Chinese e-commerce giant garnered $17.79 billion in sales on Singles’ Day 2016
    • APICS
    • APICS staff
      2016
    Chinese e-commerce giant Alibaba garnered $17.79 billion in sales on Singles’ Day 2017. The self-indulging holiday’s sales fell short of the forecast of $20 billion but surpassed 2015 sales by nearly $3.5 billion, setting a new record.......Read More
  • Toblerone Changes Shape to Combat Rising Ingredient Costs

    • APICS staff
      2016
    Mondelēz International is altering the shape of its Toblerone candy bars. The Deerfield, Illinois-based chocolate maker is increasing the gaps between the candy bar’s famous peaks in response to rising ingredient costs, The Wall Street Journal​ reports.......Read More
  • UPS to Acquire Marken

    • APICS staff
      2016
    United Parcel Service (UPS) has agreed to acquire Yorkville, Illinois-based clinical logistics company Marken. The move will help the Atlanta-based delivery leader broaden its reach in the profitable medical deliveries industry, according to The Wall Street Journal.......Read More
  • Target Taps More Supply Chain Talent

    • APICS staff
      2016
    Minneapolis-based Target Corporation announced the appointment of Shekar Natarajan to the newly created role of senior vice president of network planning and operational design. Starting November 20, Natarajan will oversee the design of the company’s direct-to-store and direct-to-customer supply chain systems, the Minneapolis/St. Paul Business Journal reports.......Read More
  • IMO Sets Sulfur Emissions Limits

    • APICS staff
      2016
    The 170 members of the International Maritime Organization (IMO) made a landmark agreement on Thursday to set limits on sulfur emissions. By 2020, the sulfur content in ship fuel will be limited to 0.5 percent, down from the current limit of 2.5 percent, The Wall Street Journal reports.......Read More
  • Uber's Otto Makes First Autonomous Truck Delivery

    • APICS staff
      2016
    Otto, the self-driving truck subsidiary of Uber, made the world's first autonomous truck delivery in mid-October. A truck retrofitted with $30,000 worth of Otto technology transported 50,000 cans of Budweiser beer from Fort Collins to Colorado Springs, Colorado, according to Wired. ......Read More
  • Global Wine Production Expected to Fall 5%

    • APICS staff
      2016
    The International Organisation of Vine and Wine estimates that wine output will only reach 259.5 million hectoliters in 2016, marking the lowest annual production in two decades, The Guardian reports. Experts are pointing to climatic events as a cause for this year’s projected 5 percent drop in global wine production.......Read More
  • Omnitracs Launches Halloween-Themed Trucking Game

    • APICS staff
     
    Global fleet management solutions provider Omnitracs is helping to make supply chain fun this Halloween with the release of Zombie Dispatch. The web-based game is designed to recognize the important role of truck drivers in the economy and illustrate solutions that can help make fleets more efficient, according to an Omnitracs press release. ......Read More
  • Samsung Stops Galaxy Note 7 Production After Recalls

    • APICS staff
      2016
    Last week, Samsung announced that it would stop producing and selling its Galaxy Note 7 mobile devices following more reports of the phones spontaneously exploding, according to The New York Times.Ext......Read More
  • US Carbon Dioxide Emissions Hit 25-Year Low

    • APICS staff
      2016
    US energy-related carbon dioxide emissions for the first six months of 2016 were the lowest recorded for that period of any year since 1991, according to a new report from the US Energy Information Administration (EIA). ......Read More
  • GE to Acquire LM Wind Power

    • APICS staff
      2016
    General Electric (GE) has agreed to acquire LM Wind Power, a Denmark-based supplier of rotor blades for the wind industry, for $1.65 billion. The deal will help GE vertically integrate its renewable energy business, according to CFO.......Read More
  • Amazon to Open Amazon Fresh Stores

    • APICS staff
      2016
    E-commerce giant Amazon is planning to expand its brick-and-mortar presence through Amazon Fresh stores, Fortune reports. The stores will be available to subscribers of Amazon Fresh, the company’s online grocery ordering and delivery service. ......Read More
  • Hyundai Workers Institute First Major Strike in 12 Years

    • APICS staff
      2016
    Unionized workers at three Hyundai Motors plants in South Korea went on a nationwide, full-day strike last week for the first time in 12 years. Domestic assembly lines were halted early on September 26 as workers walked out to demand wage increases, The Wall Street Journal reports. ......Read More
  • Samsung Galaxy Note 7 Issue Expands into China

    • APICS staff
      2016
    In the past month, issues with the Samsung Galaxy Note 7’s battery have prompted consumer warnings, recalls, and replacement programs in Australia, Europe, the United States, and South Korea. This week, the Suwon, South Korea-based electronics giant launched investigations into reports about two Galaxy Note 7 handsets exploding in China, according to U.S. News and World Report. ......Read More
  • Hanjin Shipping’s Receivership Sparks Domino Effect

    • APICS staff
      2016
    Hanjin Shipping, South Korea’s largest shipping line, filed for receivership—a form of creditor protection—on August 31 and stopped accepting new shipments. Now, its customers from around the world are scrambling to find other carriers and bracing for rate hikes, The Wall Street Journal reports.......Read More
  • 2016 Olympics Poses Logistics Challenges

    • APICS staff
      2016
    Although Brazil last year relaxed its entry requirements for products related to the 2016 Olympics, the movement of 30 million items into Brazil still has created some interesting challenges and investments for the logistics industry, G Captain reports.......Read More
  • Tesla and Mobileye End Supplier Relationship

    • APICS staff
      2016
    Mobileye Co-founder, Chief Technology Officer, and Chairman Amnon Shashua announced last week that the technology company’s supplier relationship with Tesla Motors will soon be coming to an end. Shashua stated that the Israel-based firm’s work with Tesla will not extend beyond implementation and improvement of Mobileye’s EyeQ3 platform, Fortune reports.......Read More
  • GM Reaches Deal with Bankrupt Supplier

    • APICS staff
      2016
    General Motors (GM) has reached an inventory agreement with its financially strained auto-parts supplier Clark-Cutler-McDermott (CCM). The deal helps the auto-maker avoid a previously projected shutdown caused by the supplier’s financial difficulties, The Wall Street Journal reports.......Read More
  • UK Manufacturing Braces for Brexit Effects

    • APICS staff
      2016
    Following last month’s Brexit vote, the UK manufacturing industry, which generates 10 percent of the country’s gross domestic product, is bracing for potential short- and long-term influences. Among these potential effects are changes in currency valuation; merger and acquisition (M&A), investment, and trade activity; and research and development, according to The Telegraph.......Read More
  • Amazon Cuts Fees for Small and Light Merchants

    • APICS staff
      2016
    E-commerce giant Amazon announced that it will reduce the fees it charges merchants to sell small, flat items that can fit in envelopes—such as smartphone screen protectors and USB cables—effective July 1. The upcoming policy change is an attempt for the Seattle-based e-tailer to continue to compete with Alibaba, eBay, and Wish.com, according to Bloomberg. ......Read More