The report’s benchmark metric, the PMI, came in at 47.4 (a reading of 50 or higher indicates growth), up 0.7% over November’s 46.7, contracting, at a slower rate, for the 14th consecutive month. The past 14 months of contraction were preceded by a stretch of 28 consecutive…
While nearshoring can be a risk mitigation tool, it’s important for businesses to consider the differences between countries, including cultural, trade and even weather patterns, which can lead to road closures or weight reductions.
Nearly 75% of companies plan to reduce their share of sourcing from China, with the U.S. and Mexico appearing to be the big winners according to an AlixPartners survey.
As we head into 2024, top 10 supply chain lists feature the usual suspects: technology, visibility, AI. But a focus on talent is needed to ensure the investments in these more high-profile areas provide value.
The Association for Supply Chain Management has introduced a new resiliency certificate that will train leaders on the concepts, practices and trends in building resilient supply chains.
The Cleveland Clinic is the top healthcare supply chain according to Gartner, which also recognized the Mayo Clinic and Intermountain Health as Masters for their continued excellence.
Wednesday, December 20, 2023 · Heather Wheatley, Senior Director Analyst, Gartner Supply Chain
Risk councils bring together supply chain risk owners and other subject matter experts to analyze current risks, plan for emerging ones and evaluate control effectiveness.
Traditionally, vendors viewed vendor compliance as a burdensome cost. Truthfully, it is to a certain extent. But it also can be an investment that can be turned internally and used to benefit the vendor company widely.
Given where spot market prices are at and demand for services holding steady, slow attrition of capacity should help stave off further downward pressure on rates, says Michigan State’s Jason Miller.
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