Friday, May 12, 2023 · Jessica Yao Xiong and Nora Lestari
MIT student researchers have studied supply chain emissions and found a nonlinear relationship between logistics spend and emissions, offering useful insights for future investment decisions.
Supply chain data released by the Association for Supply Chain Management found that the median salary in the industry is nearly $100,000, almost $30,000 more than the average American salary.
While growth is expected to remain in the cards, for the manufacturing and services sectors, over the balance of 2023, it is no longer set to expand at the same rates as were previously indicated, according to the “Spring 2023 Semiannual Economic Forecast,” which was…
Monday, May 8, 2023 · Grace Caza and Varun Shekhar
Hurricanes, holidays, and heightened pressures on truckload shipments during DOT Roadcheck can affect shippers’ transportation procurement. Shippers should strategize to avoid rising costs and added tendering time during disruptive events.
The Services PMI—at 51.9 (a reading of 50 or higher signals growth)—increased 0.7% over March’s 51.2, growing, at a faster rate, for the fourth consecutive month. ISM said that the services sector has seen growth in 34 of the last 35 months, with December 2022 being the…
A new Supply Chain Technology Certificate from the Association for Supply Chain Management is designed to give professionals an understanding of the role emerging technologies play in supply chain performance.
Organizations can gain a competitive edge and maximize profits by leveraging the power of technology to increase efficiency in their supply chain. But they need to understand what machine learning is, and is not, if they want to reduce costs, increase profits, and improve the…
Logistics is playing an ever-increasingly important role in streamlining processes and reducing costs, but automation can’t be implemented in a silo says Jeannie Carpenter, Jabil’s senior director of global logistics.
The report’s key metric, the PMI, came at 47.1 (a reading of 50 or higher indicates growth), marking a slight 0.8% gain over March’s 46.3, while contracting, at a slower rate, for the sixth consecutive month. The past six months of contraction, through April, were preceded…
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