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Supply
Chain by the Numbers |
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- Feb. 25 , 2011 -
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Maersk Really Bulks Up; Robots in the DC; Nike Builds out China Distribution; Oil Prices and GDP Growth |
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1500
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The number of permanent jobs sports shoe and apparel giant Nike says will be created in new distribution center opened this week in in Taicang, Jiangsu China. The new DC is only 200,000 square meters big, which by our back of the envelop calculations seems to be a heck of a lot for a DC of that size. We're guessing that means there is not a whole lot of automation in the new Nike's China Logistics Center.
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.3%
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The generally excepted number for the amount of decrease in US gross domestic product (GDP) for every $10 increase in the price of a barrel of oil, according to an economist this week in an interview on CNBC. That would mean a $30 increase in oil prices translates into a 1% GDP decline - which is a really big deal. The upward pressure move in oil prices is a huge threat to the nascent global economic recovery.
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