The index ISM uses to measure non-manufacturing growth—known as the NMI–headed up 1.8% to 58.6 (a reading above 50 indicates growth) in May. The May NMI is 0.9% ahead of the 12-month average of 58.6.
ISM said that PMI, the report's key metric, increased 1.4% in May to 58.7 (a reading of 50 or higher indicates growth). This marks the 21st consecutive month of PMI growth, with the overall economy now having grown for 109 straight months. The May PMI reading is 1.1% even…
Rankings of the top 25 supply chain, companies with the strongest supply chain, supply chain reliability rankings, Top 25 Supply Chain Companies 2018, Gartner Supply Chain Rankings
Oracle recently announced new artificial intelligence (AI) cloud applications designed to enable manufacturing organizations to reduce costs and increase yields by providing rapid analysis and actionable insights that can improve production efficiency and performance.
Further evidence of surging consumer demand in the Asia Pacific surfaced last week when DHL Global Forwarding began deploying a second dedicated Boeing 747-400 Freighter to connect the US, Europe and Asia.
The AWESOME/MIT Advancing Women through Education (AWE) Scholarship aims to attract women who want to pursue graduate degrees in Supply Chain Management at MIT.
Supply chain industry experts and educators agree that business functions face critical challenges to deliver on their organizations' digital transformation strategies. A significant upgrade in talent will be required if companies wish to harness and use increasingly…
Retail sales data issued by the United States Department of Commerce and the National Retail Federation (NRF) showed modest sequential gains and varying annual gains.
United States-bound waterborne shipments saw some growth in April, albeit not at the same levels it hit in previous months, according to data issued this week by global trade intelligence firm Panjiva. April shipments, at 955,956, saw a 0.3% gain compared to April 2017,…
Monday, May 14, 2018 · Gary Forger, Special Projects Editor, Supply Chain Management Review
This month we spoke with Dr. Brian Subirana, director of the MIT Auto-ID Laboratory. His Ph.D. is in artificial intelligence, and he teaches at both MIT and Harvard. At the MIT 2018 Crossroads event, Subriana spoke about conversational commerce. NextGen caught up with him to…
Monday, May 14, 2018 · Gary Forger, Special Projects Editor, Supply Chain Management Review
Every conference has its nuggets. Here are some from the recent Crossroads 2018 event at MIT. Highlights range from artificial intelligence in action to autonomous vehicles and conversational commerce. As you'll see, big name companies are taking these NextGen…
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