One Week From Today – Commodity EDGE Begins! -- The best things come to those who wait. If you're one of the folks who waited to register for the MetalMiner and Spend Matters manufacturing conference, Commodity EDGE: Sourcing Intelligence for the New Normal, do it now before time runs out -- and boy, will your company's procurement team ever thank you.
Checking Out the Bottom Line on Spanx: The Male Perspective on Sara Blakely -- Yes, that's right Sara Blakely is a real "B", as in billionaire. Congratulations are in order. But as some wise man somewhere once said, "the second billion dollars is the hardest." So if Blakely expects to repeat her success, she's got to innovate further and expand the market. Spanx reached this point by catering to its female clientele around the globe to the exclusion of ½ of potential customers, which places the company in the ironic but strangely logical step of positioning to get into the pockets and pants of men worldwide with products like Manx. As Sara and Spanx pivot in their quest to tap those assets, I want to offer some male insights. After all of the morning show coverage and fawning attention of the business media, we know it's hard to keep perspective. So for Sara, and any aspiring Saras out there, here comes the straight dope – the male psyche.
Not only supply shortages...but fakes.
Fake Avastin shows very little protects drug supply -- Drug manufacturers, distributors, pharmaceutical security experts and regulators interviewed by Reuters identified vulnerabilities all along the supply chain and called for comprehensive measures to protect patients and punish perpetrators. The World Health Organization (WHO) estimates that less than 1 percent of medicines available in the developed world are likely to be counterfeit. Globally, however, the figure is around 10 percent, while in some developing countries as much as a third of medicines are estimated to be bogus.
China railway workers repair 'collapsed' new line -- A newly built section of a high-speed rail line has collapsed in China's central Hubei province following heavy rain, state media reports. The line was set to open in May and had been in use for test runs. About 300m of the embankment in Qianjiang city collapsed last Friday, Xinhua news agency says. News of the incident only emerged on Monday.