article thumbnail

When the Heavy Hand of Government is Not a Burden

MIT Supply Chain

Imagine the chaos that would ensue if every state in the US had its own air traffic regulations or currencies, for instance. For example, if Ohio is stockpiling PPE and Arizona gets hit with Ebola infections, Arizona may not have enough resources to fight the virus, putting the state and all other states – including Ohio – at risk.

article thumbnail

Five Tips on Sourcing Products From China

EMERGE App

Things like handling multiple currencies when dealing with suppliers and purchase orders. China is about the same size as the United States and the flying distance between Shenzhen and Shanghai, two powerhouses in the Chinese industry, is the same as the distance between San Francisco and Tucson, Arizona.

article thumbnail

Trends and Predictions 2020: Blockchain

Enterra Insights

With the separation of digital assets into three distinctive categories, Wyoming is explaining the differences between virtual currencies and digital securities, all deemed intangible personal property. But Wyoming’s blockchain work didn’t go unnoticed as Colorado, New Mexico and Arizona are also looking into similar legislative work.”