Industry analysts agree that it’s important to make risk assessment an ongoing process, allowing for frequent plan updates as political conditions, fuel prices, tariffs, currency exchange rates, labor costs, and other supply chain security threats arise.
Supply chain managers are becoming less reactive, and more measured in their approach to inventory control. That observation and others are contained in a report recently issued by Genpact Limited.
Commerce reported that November retail sales at $432.3 billion were up 0.7 percent compared to October and up 4.7 percent compared to November 2012. NRF reported that November retail sales, which exclude autos, gas stations, and restaurants, were up 0.6 percent on a…
As has been the case in its respective monthly manufacturing and non-manufacturing reports on business, continued growth remains in the cards for 2014, according to the December 2013 Semiannual Economic Forecast released this week by the Institute for Supply Management (ISM).
“Rethinking the Building Blocks of the Modern Supply Chain,” a recently-published white paper produced by E2open, posits the question: How do you manage demand you can’t predict with supply you don’t control?
Despite seeing sequential declines for its key metrics, non-manufacturing activity again showed growth in November, according to the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business.
While the Institute of Supply Management reports that economic activity in the manufacturing sector was strong for the sixth straight month, supply chain managers may still wish to examine this “exuberance,” say economists.
The PMI, the index used by the ISM to measure manufacturing activity, headed up 0.9 percent to 57.3 in November, which is now the new high for the PMI in 2013.
Fourteen consecutive quarters of declining vacancies in the warehouse sector highlight the U.S. industrial real estate market’s momentum through the third quarter of 2013, according to Cushman & Wakefield.
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