Where OEMs in the past could concentrate on securing supply of expensive components, now they have to think about everything that goes into production, including raw materials, too.

Since the beginning of the COVID-19 pandemic, many businesses have managed to stay afloat by diversifying their supply chains.

The semiconductor shortage is forecasted to extend into late 2023 or early 2024. 

 Volatility is here to stay, and supply chains need long-term solutions to navigate change.

The supply chain ecosystem won’t revert to its pre-pandemic state. With this in mind, manufacturing organizations are placing top priority on modernizing procurement technology.

The luster of China as a source of low-cost production has been progressively fading, and the push for more responsible supply chains extends well beyond measuring carbon emissions.

Capacity restraints and inflation concerns are easing in the transportation sector, says John Haber, chief strategy officer at Transportation Insight.

In these times of global crisis, there’s never been a greater need for the socially responsible organization.

While ESG efforts have long aimed to increase transparency, many leaders are realizing that we’re moving past bare-minimum standards into an era of full visibility.

For some supply chain managers, the upheavals of recent years have justified their entrenched approach of relying on excess inventory as an insurance policy. They’ve learned the hard way that old methods don’t cut it anymore.