To be able to respond quickly to future supply chain disruptions, companies need to embrace strategic sourcing and inventory management.

A spokesperson for the Dutch Coastguard said the fire was likely caused by one of the 25 electric vehicles being transported by the vessel.

Craig Coulter, advanced manufacturing and mobility sustainability leader with EY, assesses the progress that supply chains are making in complying with environmental, social and governance (ESG) requirements.

The agreement by the two countries to work more closely was reached during a bilateral economic cooperation committee meeting held in Seoul, South Korea.

The two biggest supply chain challenges today are the labor shortage and changing consumer demand, says George Koutsaftes, president and CEO of Honeywell Safety and Productivity Solutions.

Companies aren’t powerless to mitigate the risk of loss. Here are five steps they can take to help secure their cargo. 

The supply chain for scaling up the production of hypersonic weapons by the U.S. military doesn’t exist.

Is it time to unravel the trade ties that bind the U.S. and China? Or are the economies of the two countries too “deeply intertwined” to sever?

The manufacturing sector must have up-to-date cyber-security tools and cyber-hygiene practices. Doing so will strengthen the global supply chain and public safety as well. 

As AI drives autonomous systems that monitor markets and conduct buy cycles, the risk of causing a shortage by trying to “beat the market” could cause a disruption.