The chemicals industry, which contributes trillions of dollars to the global economy every year, is undergoing a significant transformation due to recent social and political trends.
Gartner predicts that by 2028, 70% of companies will adopt regionally diversified supply chain models to improve network resiliency in the face of ongoing global disruptions.
The actual experience of many logistics and other business executives suggests that artificial intelligence remains more a subject of hope and hype than a practical tool in everyday use.
Lisa Walker, managing director and global industrial practice leader at DHR Global, describes the plight of manufacturers who are facing a shortage of workers in the years ahead, and offers some solutions to the problem.
The U.S. has the potential to reclaim its throne as one of the world's manufacturing powerhouses — but not in the ways other countries have achieved this mission.
Ex-Asia rates have increased by around $1,000/FEU since the end of April, climbing to $4,000/FEU for routes to the U.S. West Coast and Northern Europe.