Peter Dilnot, who takes over as Melrose’s chief executive officer in March 2024, said that while the supply hitches are boosting after-market demand, they’re limiting planemakers’ ability to build jets.

Mack Trucks said that the new contract will increase the average wages of UAW members by 36% over the life of the contract.

The survey showed that the extent to which supplier capacity went underutilized was higher in October 2023 than it was in September and August.

Two-thirds of the 30 retailers analyzed had inventory turnover rates below their peers, which indicates excess stock and/or slow sales.

The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.

If you’re not actively rethinking your approach to facilities, pay scales, work environments, automation and digitization, you’re losing ground to competitors for both business and talent.

Nineteen percent of responders said that they believe shifting production away from China would help supply chains while another 27% said this change could maybe alleviate supply issues.

Prior to these rejections, 52% of UAW members at GM's Flint, Michigan plant voted against the proposed contract during the week of November 7.

Jagadish Turimella, chief operating officer and co-founder of GEP, offers some best practices that companies can adopt for ensuring that their supply chains are prioritizing sustainability.

The European company still has 161 deliveries to go in the final two months of 2023 if it wants to meet its target.