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How to Identify and Mitigate Supply Chain Risks

After a stream of supply-chain issues, business leaders have realized the strategic importance of supply chains to the overall health of their organizations. We walk through a few techniques companies can use to pinpoint the risks that their suppliers present, assess the degree of risk and determine how much those threats matter. Beyond diversifying suppliers, […]

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How to Hire Hardwood Installers and What to Expect

Do-it-yourself floor installation is becoming more accessible all the time. Laminate flooring and luxury vinyl plank flooring, both easy to cut and to join together, make it all seem like child’s play. By extension, installing solid hardwood and engineered wood floors by yourself might appear to be equally fast and simple. Most homeowners, though, find it difficult to master the

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THE BENEFITS OF WOOD

Embodied carbon emissions in the construction sector account for over 23 per cent of total greenhouse gas emissions in Australia. Over and above operational processes like energy and transport, it is increasingly important to consider the embodied carbon emissions in building materials used in the sector. Responsibly sourced wood is the only renewable building material

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5 Technologies Help Thwart Illegal Logging by Tracing Wood’s Origin

The illegal timber trade creates problems for everyone. Governments lose valuable revenue and natural resources. Indonesia’s Corruption Eradication Commission reported that the country lost $9 billion in revenue to the illegal timber trade between 2003 and 2014. Meanwhile, businesses sourcing legal timber lose profits and competitiveness to illegal timber supplies sold at lower prices.   So governments and businesses

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How the lumber industry misread Covid and ended up with a global shortage and sky-high prices

A pandemic surge in home buying and renovation sent lumber prices soaring. They may never return to normal, experts say. As home building and renovation soared amid pandemic lockdowns, the price of lumber rocketed from around $400 per thousand board feet in February 2020 to an all-time high of over $1,600 in early May. Prices

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