Friday in 5 – interesting news bits from around the supply chain horn, served up in one spot to keep you up to date. This quick roundup of industry news includes a look at manufacturing in the U.S., Walmart’s latest play in the battle for online shoppers, the environmental consequences of fast fashion, and more.
The challenges with reshoring
Bringing manufacturing back to the U.S. is a hot topic these days, and Small U.S. Manufacturers Struggle to Bring Jobs Back Home explores some of the challenges companies are facing. Ruth Simon and Vipal Monga’s article in The Wall Street Journal considers the pros and cons of moving production back to the U.S., especially for smaller manufacturing businesses.
Trucking powerhouses plan to merge
Happy Trucker, Happy Merger takes a closer look at the announced mega-merger between Knight Transportation Inc. and Swift Transportation Co. Bloomberg’s Brooke Sutherland examines the deal, with side-by-side comparisons of each company’s market value, revenue and EBITDA. Knight plans to operate the brands separately, and leverage the geographic scale of the two companies.
Walmart challenges Amazon with new discount offer
New deals are on the horizon for online shoppers. Reporting for Business Insider, Hayley Peterson’s article, Walmart has a new kind of discount — and it’s impossible for Amazon to beat, details the discounts that will be available from the retail giant starting April 19. The “pickup discount,” offered to online shoppers who choose to ship their purchase to one of Walmart’s stores, will be available for 10,000 items next week and for more than 1 million items by June.
The downside of fast fashion
Global production for apparel has doubled between 2000 and 2014 reports The Economist. Its article, Looking good can be extremely bad for the planet, explores the environmental impact of fast fashion. Thanks to more efficient operations and faster production cycles, brands have moved from producing a few collections annually to up to 16-20 collections a year for some fast-fashion retailers – ushering in new environmental concerns.
Keeping that startup state of mind
The Wall Street Journal’s article, Amazon’s Jeff Bezos Outlines How He Tries to Keep Retail Giant in Startup Mode, gives behind-the-scenes insight into the e-commerce leader’s management style. Laura Stevens’ article looks at how the founder and CEO of Amazon approaches decision making, the importance of maintaining a startup mentality, and how it all comes back to putting customers first.