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The Microsoft-CrowdStrike outage is a clarion call to broaden traditional risk management within supply chains to now include the digital realm, where IT outages pose an equal, if not greater, threat to operational continuity.
Annual report provides a snapshot of the American economy through the lens of the logistics sector. Here’s what our writer found when he performed a deep dive into the results.
Supply chain finance programs offer many benefits for organizations, and if considered strategically, the rate of interest plays a smaller role than many think.
From sourcing and supplier management to price negotiation and compliance, procurement leaders are waking up to the power of AI-powered spend management in their daily operations.
While attitudes toward Americans have changed in the big cities along China’s eastern seaboard and eastern regions due to geopolitics, the people of Lanzhou were welcoming to U.S. trade mission.
June imports, at 2.67 million TEU (Twenty-Foot Equivalent Units), posted a 9.3% annual gain, marking the tenth consecutive month of annual growth, following a 14-month stretch of annual declines. Total second quarter imports were up 9.4% annually, following a 15.1% first…
Boeing faced unknown spending, but a pilot program using Fairmarkit’s artificial intelligence platform helped bring its procurement spending into the light.
Thursday, July 18, 2024 · James Payne and Henrietta Hunter
Procurement teams the world over face unprecedented volatility from geopolitical conflict, climate crisis and more. To ride the headwinds, a shift towards a smarter, sustainable approach to supply chains is needed. Forum for the Future’s Global Head – Purpose of Business…
Bloated inventories were not confined to retail post-COVID, and while the retail sector has brought inventories under control, the industrial sector has not.
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