Russia terminated its export targets at the end of May 2024, opting instead to restrict production, in line with its partners in the OPEC+ oil producers’ group.
Procurement professionals must rise to the ESG challenge by leveraging supplier collaboration to ensure compliance and best practices in the extended supply chain.
Lenovo, like most electronics manufacturers, has sited most of its plants in China,
creating potential vulnerability from president-elect Trump's promise to impose 60% tariffs on Chinese imports.
In June 2024, New York Governor Kathy Hochul called off an earlier version of the congestion pricing plan just two weeks before it was supposed to go into effect.
When it comes to assessing and managing the health of one’s suppliers, anticipating and mitigating risk is crucial to maintaining operational stability.
The government may be forced to intervene in the strike, as it has done with recent port strikes, given the importance of the postal carrier to the economy.