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Maximizing the Bottom Line: The Power of Procurement

Wednesday, March 27, 2024 · Michal Cukier
Procurement activities can have a positive impact on a business' bottom line, leading to more profit without the need to expand spending.

Baltimore Bridge Collapse Latest Supply Chain Disruption

Tuesday, March 26, 2024 · SCMR Staff
The Francis Scott Key Bridge in Baltimore was struck by a 948-foot cargo ship and collapsed early Tuesday morning, causing the bridge and several cars to fall into the Patapsco River. The supply chain impact is uncertain at this point.

6 Questions With ... Tom Plotkin

Tuesday, March 26, 2024 · Brian Straight
Adhering to ethical and responsible sourcing requirements and public pressure surrounding forced labor is putting new pressures on supply chains. Covington's Tom Plotkin addresses these questions and more in this 6 Questions With … feature.

February and year-to-date U.S. import volume is solid, reports S&P Global Market Intelligence

Monday, March 25, 2024 · Jeff Berman
February imports, at 2.44 million TEU (Twenty-Foot Equivalent Units) increased 21% compared to February 2023. And when taking into account, the timing of the Lunar New Year, coupled with the impact of ongoing Red Sea and Panama Canal disruptions, the firm explained that…

Electronics Supply Chain Seeks Balance in 2024

Monday, March 25, 2024 · Brian Straight
Labor costs continue to rise in the electronics supply chain, but industry research finds materials costs and backlogs easing.

NextGen Leader: Marianna Vydrevich

Friday, March 22, 2024 · Brian Straight
GAF's Marianna Vydrevich sees technology like AI playing a role in supply chain network design, but she lives for that Aha! moment. Meet our March NextGen Leader.

2024 retail sales forecast calls for growth, says National Retail Federation

Thursday, March 21, 2024 · Jeff Berman
NRF is pegging 2024 retail sales to increase between 2.5%-to-3.5% to between $5.23 trillion and $5.28 trillion. Should this forecast come to fruition, NRF said that it would top 2023 retail sales, which rose 3.6% to $5.1 trillion.

CPOs Pivot AI Focus from What’s Possible to Implementation

Thursday, March 21, 2024 · Brian Straight
More procurement leaders are trying to implement AI and automation into their operations, shifting gears from a what's possible to a how-to-implement strategy.

2024 Supply Chain Management Readiness Index

Wednesday, March 20, 2024 · Lean DNA
A recent survey of 250 supply chain executives reveals how businesses are focusing on resilience in anticipation of the next disruption. Lack of predictive view leaving organizations vulnerable to disruption.

Finding the Right Approach for Supply Chain Education

Wednesday, March 20, 2024 · Brian Straight
The COVID pandemic accelerated the adoption of online supply chain education. Today, organizations and employees have their choice of online, in-person or hybrid learning environments, but there is no one-size-fits-all approach.

Cut costs and emissions with lithium-ion forklifts

Wednesday, March 20, 2024 · SCMR Staff
Read the case study to unpack how the change to this electric power option can help operations limit costs, reduce emissions, improve work environments and boost labor utilization.

Why Chief Supply Chain Officers Should Embrace Employee Turnover

Tuesday, March 19, 2024 · Dana Stiffler, distinguished vp analyst, Gartner Supply Chain
Most companies resist employee turnover, but embracing it can offer advantages to organizations, including lower onboarding costs.

Are Your Data Visualizations Readable by Everyone?

Monday, March 18, 2024 · Norman Katz
Good reporting standards should be part of an organization’s policies and guidelines. Don’t wait until someone asks, and don’t force someone to be an exception: make sure that your data visualizations can be read by all those who receive them.

Supply Chains Facing New Pressures as Companies Seek Cost Savings

Friday, March 15, 2024 · Brian Straight
A Boston Consulting Group survey of global executives found a majority are targeting supply chain and manufacturing costs as the biggest areas to achieve cost savings in 2024.

February retail sales see annual and sequential gains, reports Commerce and NRF

Thursday, March 14, 2024 · Jeff Berman
Commerce reported that February retail sales, at $700.7 billion, rose 0.6% compared to January and were up 1.5% annually.
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