The report’s benchmark reading, the PMI, came in at 48.5 (a reading of 50 or higher indicates growth), down 0.2% from May’s 48.7, which was down 0.5% from April’s 49.2.
Monday, July 1, 2024 · Matthew Buckingham, vice president of business development & alliances, Focal Point
With modern procurement software, API-enabled data flows, and AI-guided processes, procurement teams get to focus on what they do best: setting strategy, managing projects, and identifying spending optimization opportunities.
Friday, June 28, 2024 · Paul Lord, VP Analyst, Gartner
Delivering reliable product supply has only become more difficult in recent years with market challenges. To get back on track, organizations should focus on the development and practice of two performance management disciplines: Stock control for improved predictability…
Wednesday, June 26, 2024 · Travis Wolf and Carl B. March
Decision Intelligence and Causal AI are underpinning a shift in the manufacturing industry, rapidly painting the future canvas of modern manufacturing.
Amy Rardin has proven successful at finding innovative solutions that lead to supply chain wins at Procter & Gamble. She will share some of that knowledge with the NextGen Supply Chain Conference audience in her keynote address.
Retail sales continue to grow, albeit at slower rates, and as a result, brands are taking advantage of excess cargo capacity in bringing in merchandise earlier than normal.
Integrating AI and ML, particularly generative AI and LLMs, into supply chain operations is no longer a choice but a necessity for businesses to remain competitive in the future.
Wednesday, June 19, 2024 · Richard A. Elmquist and Luis Dávila
The preservation of food characteristics and quality within a temperature-controlled environment presents a complex challenge in the food supply chain. Developing a dynamic S&OP process is one way to address this.
Commerce reported that May retail sales, at $703.1 billion, were up 0.1% compared to April and up 2.3% annually. And total retail sales, from March through May, rose 2.9% compared to the same period a year ago. NRF reported that May’s core retail sales, which it bases on…
The influential 35th annual State of Logistics Report shows how logisticians are adapting to “permanent volatility” in their supply chains as they ride out the wave of uncertainty.
May imports, at 2.70 million TEU (Twenty-Foot Equivalent Units), rose 11% annually, following April’s 8% annual gain, with growth intact for the ninth consecutive month, following a 14-month stretch of annual declines. Total first quarter imports were up 11% annually.
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