The network went live for the purchase of non-production goods in Argentina, Brazil, Mexico and Spain earlier this year, and is estimated to be able to save each company between 10 to 20 per cent on supply costs.
For those who think natural gas and 'green' alternatives are going to save the situation, my advice is: don't hold your breath. Supplies of natural gas are in rapid decline and the green alternatives are insignificant, mostly impractical, or...
At a modest estimate we should be able to reduce such transaction cost to something approaching 20 per cent (and possibly even lower) using RFID, artificial intelligence, and artificial life software to manage our goods transportation.
In some regions up to 80 per cent get by using paper and pen alone! I also suspect the gaming generation will be far more business-savvy than the baby boomers in this respect. Their subsequent generations will just see it as natural, somehow right!
The answer is that a product would need to be manufactured on an extremely small scale for it to not be worth considering an offshore manufacturing plant. The quality is as good as anywhere in the world and the price is lower than highly developed...
IT wages are growing faster up North than in London but tech workers in the capital still enjoy considerably higher salaries than their northerly brethren. Pay rates for tech workers in the North of England are growing 29.7 per cent faster than for...