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It is important for supply chain professionals to understand the economics of production and global supply chains as tariffs will change the dynamic of global manufacturing.
International Longshoremen’s Association and the United States Maritime Alliance have until Jan. 15 to reach a contract deal, but automation remains a major sticking point.
The November Services PMI, at 52.1 (a reading of 50 or higher signals growth), was down 3.9% compared to October, growing, at a slower rate, for the fifth consecutive month.
As more mergers take place in the semiconductor industry, customers need to carefully track data such as product identification numbers that can change at the manufacturer level, adding a layer of confusion.
The report’s benchmark reading, the PMI, at 48.4 (a reading of 50 or higher indicates growth), increased 1.9% over November’s 46.5, its lowest number in 2024, with the PMI contracting for the eighth consecutive month and the 24th time in the last 25 months, since…
Monday, December 2, 2024 · Peter Shi, Hedy Dou and Miles Yang
Managing costs, quality, and security across complex, multinational supply chains is daunting, but the failure to control the entirety of the supply chain across multiple borders increases the risk of supply chain penetration-based attacks—so-called “supply chain warfare.”
As President-elect Donald Trump threatens tariffs on Canadian, Mexican imports with no exceptions for crude imports, the specter of retaliatory tariffs increases.
Often overlooked, the Export-Import Bank of the United States plays a key role in financing U.S. exports by securing business loans, facilitating more than $10 billion in U.S. export sales a year.
As much discussion and deployment of artificial intelligence took place in 2024, 2025 is shaping up to be an even bigger year. This year will likely see the acceleration of AI, and specifically Generative AI, into everyday business functions.
Beef importer Wild Bull Services contracted with AI provider Stampli to automate its payables, but it now sees a bigger opportunity for AI-powered import documentation management.
Thursday, November 21, 2024 · Gartner Supply Chain
According to Gartner data, 69% of organizations believe customer satisfaction will be the paramount metric for strategic decision-making by 2026. However, many leaders fail to leverage it properly.
Commerce reported that total October retail sales, at $718.9 billion, were up 0.4%, from September to October, and increased 2.8% annually. RF reported that October’s core retail sales, which are based on Census data and excludes automobile dealers, gas stations, and…
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