Global ports will see reduced trade volumes as a result of the coronavirus, COVID-19, which would become more severe should Chinese production take time to recover to pre-epidemic levels, says Fitch Ratings.
Commerce reported that January retail sales—at $529.8 billion—were 0.2% ahead of December's revised $528.4 billion and were up 0.3% annually. NRF reported that January retail sales rose 0.2% on a seasonally adjusted basis over December and were up 2.7% unadjusted on…
January shipments—at 1,026,714—fell 3.6% annually. And containerized freight shipments were off 2.8% annually, with Panjiva noting that it was notable there was a decline even with the earlier timing of the 2019 Lunar New Year. Looking back, for calendar year 2019, total…
Monday, February 10, 2020 · Atmaja Sinha and Rakesh Thykandi
In a tight truck transportation market, a shipper can be forced to tender shipments to the spot market when contracted carriers are unable to fulfill its demands. As a result, the shipper is likely to incur higher costs and lower levels of service.
Newly released findings from McKinsey & Company and the World Economic Forum show that American manufacturing companies are lagging behind Fourth Industrial Revolution innovations and could lose out on up to $3.7 trillion in value by 2025.
How can new chief supply chain officers navigate their new role and deliver? Successful CSCOs follow four steps to build standing in their organizations.
Non-manufacturing output in January kicked off 2020 where 2019 left off, showing positive growth, according to the most recent edition of the Non-Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM).
Resilience360 recently released a special report outlining the impacts of the coronavirus on the global supply chain, and provided SCMR with an exclusive interview on further implications.
The report's key metric, the PMI, headed up 3.1%, in January, to 50.9 (a reading of 50 or higher indicates growth), on the heels of a 47.8 reading in December.
BDO recently released their 2020 Manufacturing CFO Outlook Survey, which includes some supply chain-specific findings that may be of interest to SCMR readers, especially around the impact of trade and tariffs. 21% of middle market manufacturing CFOs report experiencing an…
We know breakdowns and pitfalls are more likely to be caused by inadequate planning, poorly defined goals, and a lack of transparent communication than by functional or mechanical issues.
While we are still in the early stages of 5G network rollouts, adoption is increasing every day. In fact, new data forecasts that the number of global 5G subscriptions will hit 1.5 billion in the next five years.
Students in the Harold and Inge Marcus Department of Industrial and Manufacturing Engineering at Penn State will learn how wireless sensors and cloud computing can impact the manufacturing field, thanks to a recent gift from KCF Technologies.
Subscribe to our weekly e-mail update
Don’t miss out on the best in supply chain. Get premium
resources and in-depth, comprehensive feature articles written by the industry's top experts – delivered.
