Russia has refused to give back the approximately 400 planes worth $10 billion dollars which were due to be returned to EU leasing companies on March 28.
Instead, the Russian president signed a law allowing the country to keep the planes and continue to fly them, constituting the largest theft ever of airplanes. The companies which own them may spend years trying to recover some part of this loss from insurance companies.
Video Spotlight:
Sustainability and the fashion industry appear to be mutually exclusive. Add in Fast Fashion, and sustainability appears to be of little concern.
In particular, Fast Fashion rapidly designs, produces, and markets high volumes of garments that typically use low-quality materials.
As Fast Fashion has increased the number of fashion seasons from four – with an emphasis on a twice-yearly fashion week – to fifty-two seasons per year, the environmental impact has greatly increased.
It has even reached the point that laws are being […]
German vaccine manufacturer BioNTech has a plan to roll out mobile factories, housed in shipping containers, which will produce 50 million doses of mRNA vaccine in Africa.
Each factory has two separate modules called BioNTainers that are transportable by road, rail, air, or sea. The modular design offers scalable production of shots for COVID-19, malaria, tuberculosis, and cancer treatment.
The mobile factory is a step towards sustainable vaccine production and access for communities […]
Is Just-In-Time (JIT) going away?
Increased uncertainty and shortages have challenged the belief that JIT production systems are mistake-proof. The auto industry has widely and thoroughly embraced the systems for several decades. However, recent events have highlighted their limitations and the need to make them more resilient. This new imperative is consistent with the lean philosophy of continuous improvement.
Video Spotlight: Canada Trucker Protests Impacting U.S. Manufacturing (February 10, 2022, NBC News)
This post is based on the […]