The Services PMI, at 51.5 (a reading of 50 or higher signals growth), fell 1.2% in March, while growing, at a slower rate, for the 15th consecutive month.
Wednesday, April 3, 2024 · Madeleine Lee and Kamran Iqbal Siddiqui
Cutting-edge data analysis and predictive modeling techniques are revolutionizing the FMCG industry, helping companies prevent stockouts, improve case fill rates (CFRs), and boost resilience in a volatile market.
As supply chains have become more complex, so too have the decisions necessary to maintain performance, and that is causing ripple effects throughout organizations as companies seek to reimagine their supply chains.
The report’s benchmark metric, the PMI came in at 50.3 (a reading of 50 or higher indicates growth), topping March’s 47.8, and contracting after 16 months of declines. ISM added that the overall economy grew, at a faster rate, in March, for the 47th consecutive month. The…
Top-performing supply chains are investing in AI/ML at twice the rate of lower-performing supply chains, and they are using those investments to drive business momentum, Gartner has found.
Friday, March 29, 2024 · Eias AI Humdan, Yangyan Shi, Masud Behina, and V.G Venkatesh
At its core, the agile ecosystem embodies innovative thinking, enabling managers to adopt a systemic perspective wherein all stakeholders contribute to value propositions. Managers aspiring to embrace the agile ecosystem should prioritize investments in nurturing relational…
The Port of Baltimore may remain closed until at least May, and possibly into the summer, as officials investigate and clean up the site of the Francis Scott Key Bridge collapse following a cargo ship strike on Tuesday.
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.
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 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…
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.
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