Commerce reported that June retail sales—at $621.3 billion—were down 0.6% compared to May’s revised $617.9 billion (from an original reading of $620.2 billion) and up 18% compared to June 2020. And total retail sales from April through May headed up 31.5% compared to the…
Friday, July 16, 2021 · Parimal Kopardekar and Shekar Natarajan
A dizzying array of new technologies and tools are now available to supply chain managers. Integrating them into existing systems isn’t always as easy as it appears.
As organizations continue to evolve operations for a post-pandemic world, a shift is underway from a focus on financial liquidity - that was critical during 2020 - to a renewed commitment to profitable growth. As part of the transformation, supply chain leaders must give…
The appliance leader gave a young engineer a shot at designing a new assembly line as part of an initiative to expand the advanced manufactuging engineering team. That line is up and running.
Many B2B companies, including those in automotive, electronics, and manufacturing, are at a crossroads with their sales and inventory management processes. Historically, they’ve been reliant on legacy or ERP systems – tools that were designed for predictable, back office…
Shippers might as well forget about planning for a “peak season,” industry analysts contend. Due to ongoing pressures from e-commerce and post-pandemic demand, ocean carriers are operating at crisis-driven velocity for the foreseeable future. Jon Monroe, president of…
The recent outbreak of COVID-19 in South China’s Yantian Port is causing yet another backlog in global supply chains, notes Dun & Bradstreet, a leading global provider of business decisioning data and analytics.
For one global healthcare company seeking to avoid unexpected costs and shipping inefficiencies, while simultaneously unlocking the benefits of multiple countries and business units under one RFP, powerful automation proved to be the missing piece to the RFP puzzle. Let’s…
The annual CIPS/Hays North America Salary Survey Report released today, found procurement professionals earned an average raise of 4.6% last year, while the national average for pay increases was only 3.3%.
Artificial intelligence (or AI) has the potential to assist with multiple aspects of the supply chain, such as creating self-adjusting supply chain plans or self-optimizing manufacturing processes. In fact, AI is one of the top trends anticipated to impact supply chains by 2023.
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—at 60.1 (a reading of 50 or higher indicates growth is occurring)—slipped 3.9% from May’s 64 reading, with the index growing, at a slower rate, for the 13th consecutive…
Don’t miss out on the best in supply chain. Get premium
resources and in-depth, comprehensive feature articles written by the industry's top experts – delivered.
