Economy

The Hackett Group Shares Insights on 6th anniversary of the Financial Crisis

Wednesday, May 14, 2014 · Patrick Burnson The Hackett Group – a global strategic business advisory and operations improvement consulting firm – maintains that companies must leverage innovation in their respective business areas to help accelerate growth.

Mixed Report on Retail Sales

Tuesday, May 13, 2014 · SCMR Staff Commerce reported that April retail sales at $434.6 billion were up 0.1 percent compared to March and up 4.0 percent compared to March 2013, and NRF said that April retail sales, which exclude automobiles, gas stations, and restaurants, were flat on a seasonally-adjusted and…

Purchasing Salaries Bump Up

Thursday, May 1, 2014 · Patrick Burnson Finally it seems that purchasing salaries are seeing an upward trend. A new report out today reveals that the average purchasing salary has increased by 18% over last year.

Despite Lag in 1st Quarter Earnings, UPS Remains Bullish on 2014

Thursday, April 24, 2014 · Patrick Burnson International and the Supply Chain and Freight segment benefitted from positive momentum during the quarter as customers utilized the strategic investments made by UPS to strengthen its portfolio

On the Train to Nanjing

Thursday, April 3, 2014 · Rosemary Coates We need to bring some manufacturing back to the US...but very carefully. We want skilled jobs that pay a living wage and don’t pollute the environment.

Insolvency May Be Next Great Threat to Ocean Carriers

Tuesday, April 1, 2014 · Patrick Burnson Continued sluggish demand, a growing mountain of debt and a radically changing global marketplace has the ocean container shipping industry reeling, say financial analysts.

Sage Manufacturing Survey Signals Stronger Economy

Thursday, February 27, 2014 · Patrick Burnson Reshoring of manufacturing seen as a driver of industry growth in 2014

Supply Chains Will Move at Modest Pace, Says ITR Economist

Monday, February 24, 2014 · Patrick Burnson Alan Beaulieu, who will once again be the keynote speaker at the Conveyor Equipment Manufacturers Association (CEMA) annual convention in Palm Springs, California this spring, says there are some opportunities for companies with a healthy balance sheet.

A Big Month For California Exporters

Tuesday, February 4, 2014 · Patrick Burnson California's exporters turned in a particularly exuberant performance in November, according to Beacon Economics' analysis of foreign trade data released by the U.S. Commerce Department.

Parcel: Still Surging

Monday, January 20, 2014 · Patrick Burnson The United States Postal Service, a competitor in the two- to three-day air market also increased rates late last year.

Trucking 2014: Yield Management Will Tell the Tale

Tuesday, January 14, 2014 · Patrick Burnson Stifel Nicolaus analyst John Larkin agrees that supply chain managers should take a look at the big picture and should closely monitor the “fiscal cliff” negotiations and broader economic data reports in early 2013.

Reshoring likely to radically reshape U.S. economy in next 12 months

Friday, January 3, 2014 · SCMR Staff Grant Thornton survey finds U.S. companies will bring production, customer service and IT infrastructure back to the United States.

Supply Chain Managers Told to Prepare for Demand Surge in 2014

Saturday, November 16, 2013 · Patrick Burnson Improved economic fundamentals will drive an acceleration in 2014 growth, said IHS Global Insight economists.

Beacon Economics Provides Mixed Forecast for California Supply Chains

Tuesday, October 29, 2013 · Patrick Burnson Supply chains in Southern California could be gaining traction as the year ends, say regional economists.

New CIT Group Study Signals Confidence in Mid-Market Supply Chains

Friday, October 11, 2013 · Patrick Burnson Middle market executives, whose companies take in more than $6 trillion in revenues and employ more than 30 million people annually, are expressing renewed optimism in their business prospects compared to a year ago.