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-November 13, 2008
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The
Numbers Worth Knowing this Week in Supply
Chain and Logistics - November 13, 2008
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This Week: Two's Company Comes at a Price; Closing up Shop in China; Labor's Secret to Success - No More Secrets; A Return to Open Return Policies
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7.5%
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The approximate percentage of US private sector employees in a union. This number is very relevant this week after the Obama victory, and the push from labor to get the “card check” law passed that would make possible to unionize a workplace without a secret ballot – perhaps leading to a major change in that number over time.
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8.7%
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The percentage of retail sales this year that will be returned by customers, according to NFR estimates this week, up from 7.3% in 2007. The retail trade organization said 52% of retailers are loosening their returns policies this season in hopes of improving sales, putting more pressure on reverse logistics processes for retailers and manufacturers.
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