If businesses fail to get rid of their supplies, they will be forced to refinance all their debt at much higher interest rates. 

Despite the many challenges involved, it’s becoming clear that brands who adapt to this new reality will be the ones that secure consumers’ loyalty. 

The authorization allows the companies to continue using their China-based chipmaking operations without having to apply for licenses with the U.S. to receive new equipment.

The methodology known as ESSA — for eliminate, simplify, standardize and automate — can help supply chains overcome an abundance of unusable technology as they pursue digital transformation.

The clause, which aims to create more collaboration between charterers and shipowners to cut carbon emissions, was adopted by BIMCO’s Documentary Committee October 11.

This comes months after Toyota claimed that it would be shifting towards using solid-state batteries after working on the technology for over a decade.

Shizen Energy Inc. signed a 20-year agreement with Microsoft to provide 25 megawatts of solar power capacity from a project in the Aichi prefecture.

The top business priorities for supply chain organizations over the next two years are increasing productivity and efficiency (29%) as well as improving resiliency, continuity, risk and security (29%).

The new state-of-the-art distribution center will serve more than 60 stores and 5.6 million REI members in the region.

Digital transformation is not a project with a start and an end-date; it’s a continuous process, says David Rogers of Columbia Business School.