The Services PMI, at 49.4 (a reading of 50 or higher signals growth) fell 2.0%. The last time the index contracted was in December 2022, when it came in at 49 and prior to that the last month seeing contraction was in May 2020, when it came in at 45.4.
Monday, May 6, 2024 · Steven DuBuc, Adam Fless, Ted Brennan, Amit Kohli and Nikhil Nayak
By fostering innovation and diversity within the supplier network, companies can facilitate a dynamic exchange of ideas to stay ahead of industry advancements.
SGS Maine Pointe has named Joseph Esteves CEO following a successful tenure as senior managing director and global head of private equity at consultancy.
A survey from talent solutions provider LHH finds that 64% of workers believe companies should upskill and train their current employees before hiring external employees.
The April PMI is 1.5% above the 12-month average of 47.7, with March’s 50.3 marking the high over that period and June 2023 marking the lowest, at 46.4.
March imports, at 2.489 million TEU (Twenty-Foot Equivalent Units), posted a 16% annual gain, and first quarter imports, at 7.537 million TEU, rose 15% annually, amid various supply chain disruptions.
Global companies are increasingly dealing with a maze of anti-corruption laws. Process Unity’s Sandeep Bhide sits for 6 Questions With … to discuss their impact and how businesses can respond.
Monday, April 29, 2024 · Vivek Ghelani and Marisa Brown
To bridge the chasm between ESG aspiration and implementation, businesses must refine their focus on the ESG agenda to clearly define the importance of environmental, social, and governance factors within organizational policies and strategies, with a focus on execution.
With the help of digital tools and a collaborative business network, businesses can home in on potential impacts from unavoidable disruptions and ensure all stakeholders are prepared for whatever comes next.
A survey from Descartes found that 54% of supply chain and logistics companies are attempting to automate tasks as a way to improve worker productivity and address labor shortages.
If demand for a product suddenly spikes, can your business handle it? St. Onge’s Kira Bilecky recently explained why a good S&OP process can ensure the business is ready.
While hybrid and online learning is changing education, technology is also helping experiential learning maintain a strong footing in educating the workforce.
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