Long After The Floods Recede, Supply Chains Feel The Pain -- 2011 is starting to feel like the year of unpredictability for global supply chains. Flooding in Thailand is just the latest event in a string of natural disasters, political turmoil and economic strife to batter any company making durable goods – especially those in the technology and automotive sectors. The picture is grim. In Thailand, more than 1,000 factories have boarded up their windows. But the devastation extends far beyond the factory walls – the damages top $7.5 billion. More than 14,500 businesses worldwide are feeling the effects.
Outsourcing outsourced labor.
Outsourcing Giant Finds It Must Be Client, Too -- ndia is known the world over as a prime innovator of outsourcing for foreign companies, which take advantage of its cheap, English-speaking labor force. Less well known is the extent to which Indian companies outsource their own jobs within their own country.
BMW and Toyota collaborate on green.
Toyota and BMW in green agreement -- Japanese carmaker Toyota and Germany's BMW are to work together on environmental-friendly motoring technology. They will do joint research on next-generation batteries for green cars. BMW will also supply clean 1.6 and 2 litre diesel engines to Toyota, beginning in 2014 for models for the European market.
Hope the conference was useful...
Fannie, Freddie Spend $640,000 on Conference -- Fannie Mae and Freddie Mac spent more than $640,000 this fall to send 100 employees to a Chicago mortgage-industry conference and to host events there, a decision the companies defended amid criticism from a lawmaker. The Federal Housing Finance Agency, which oversees the government-controlled mortgage-finance companies, outlined the costs in a letter to Rep. Randy Neugebauer (R., Texas), a member of the House Financial Services committee. Mr. Neugebauer, who had sought details on the conference, called the spending "lavish."