Disruptions to global supply chains aren't going away anytime soon. Jason Tham, chief executive officer with Nulogy, explains how companies are addressing the problem with technology.
Allianz estimates that global trade will increase by 2.8% in 2024 — below the average of 5% — blaming that on disruptions brought on by the Red Sea crisis.
If approved, the measure would likely trigger contractual challenges for European logistics firms and political backlash from other gas-buying nations.
The chemicals industry, which contributes trillions of dollars to the global economy every year, is undergoing a significant transformation due to recent social and political trends.
Gartner predicts that by 2028, 70% of companies will adopt regionally diversified supply chain models to improve network resiliency in the face of ongoing global disruptions.
The U.S. has the potential to reclaim its throne as one of the world's manufacturing powerhouses — but not in the ways other countries have achieved this mission.
The latest news, analysis, trends and solutions regarding sourcing, procurement and supplier relationship management (SRM) and their impact on supply chain management. New technologies in sourcing and procurement are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency, cut costs and build more strategic partnerships. Learn how companies around the world are using sourcing, procurement and SRM solutions for supply chain optimization.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.