Inventory backlogs and economic uncertainty continue to dampen imports, with ocean container traffic falling year-over-year in June and down 16% year-to-date.
Thursday, July 27, 2023 · Sarah Gilchrist, Director Analyst, Gartner Supply Chain Practice
Like any part of an organization, supply chain planning has its obstacles and rewards. When approaching planning, organizations often mix short-term and mid-term planning in one process, or treat them separately. Neither approach provides optimal outcomes.
When a Chinese supplier goes bankrupt, they often stop production and shut down immediately, leaving companies no way to recover goods or their investments. But there are some signs to look for that may indicate a potential bankruptcy.
Monday, July 24, 2023 · So Ikeya and Lisandro de Latorre
The public’s concern over sustainability extends throughout the supply chain. Students in MIT Supply Chain Management Master’s program examined the benefits auto makers may achieve by using returnable packaging.
Shippers moving goods via UPS or Yellow LTL trucks are facing significant challenges as a strike looms at the parcel giant and a potential shutdown waits in the wings for Yellow.
As more automakers ramp up electric vehicle production, the chips needed to operate them are growing in demand. But that is putting new pressures on the supply chains needed to produce these specialized chips.
Commerce reported that June retail sales, at $689.5 billion, rose 0.2% over May and saw a 1.5% annual increase. NRF reported that June retail sales, which does not include automobile dealers, gasoline stations, and restaurants, were up 0.4%, from May to June and were up 3.3%…
P&G has transformed its supply chain in the past 10 years, and it continues to be among the world’s most successful supply chains. Fares Sayegh has been there through it all and explains how it happened.
There will always be some constricting of the market in which the number of suppliers for a specific product are reduced. The rule of supply and demand drives companies to sustain or die. The difference this time is that these companies are now vertically integrated to the…
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