Force majeure clauses are intended to protect parties to a legal contract from losses caused by disruptive events beyond their control. But supply-chain partners might be surprised to learn what such language doesn’t cover.
Citizen Watch America made the decision to acquire its first-ever demand-forecasting solution. Glenn Pascrell, senior vice president of merchandise planning, tells how that initiative went, and the benefits that were derived from it.
With advances in technology driven by artificial intelligence and the creation of data lakes, organizations are coming to recognize their value to industrial production.
What should supply chains do when the plan doesn't match reality? Harry Ault, chief revenue officer with Elementum, urges companies to embrace digitalization.