Asia’s relentless buying of liquefied natural gas earlier this year has left the region so well stocked for winter that spot shipments are being diverted to energy-hungry Europe.
Businesses now find themselves confronting an inevitability: that the health of their bottom and top lines depends on how adeptly they manage the costs associated with the overall environmental impact of their products, services and actions.
Carmakers like Volkswagen and General Motors should brace for the global semiconductor shortage to last beyond next year and redesign cars so they need fewer of the high-tech components, according to analysts.
Wedged up against the southern edge of the Rio Grande, the sprawling desert city of Juarez has seen its share of economic booms over the years. But perhaps none quite like the one that’s taken hold today.
Bill Currence, president and managing partner of Cornerstone Consulting Organization, discusses the factors that are both beyond and within the control of manufacturers suffering through the current supply chain crisis.
When building a supply chain, it’s almost inevitable that businesses will look overseas. That often means dealing and negotiating with foreign languages.
A line of more than 80 container ships waiting to dock at the ports of Los Angeles and Long Beach, California, was cut in half in late November — or so it seemed. Turns out the vessels disappearing from the queue were merely hiding from it, loitering in the Pacific out of reach of the official count.