Getting the most of lower labor costs overseas requires an emphasis on transportation, and supply-chain skills are a required core competency,” he says. His advice to global manufacturers: cooperate with shippers, and integrate supply chains into one cohesive system. An important aspect of a ...
Spain initiated an austerity program consisting primarily of tax increases. Prime Minister Mariano Rajoy announced on in 2012 €65 billion of austerity, including cuts in wages and benefits and a VAT increase from 18% to 21%. The government eventually reduced its budget deficit from 11.2% of G...