President Biden defended his administration’s response to a national baby formula shortage, saying he acted as soon he became aware of the crisis in April — even as manufacturers told him Wednesday they saw it coming months earlier.
European leaders are desperately trying to figure out how to get grain out of Ukraine, whose exports are normally bigger than the entire European Union’s.
Rising helium costs, missing auto parts, and shipping delays are spurring a new wave of financial trouble for companies already saddled with debt amid broader concern that the U.S. economy is on the brink of a downturn.
How do businesses tackle a tumultuous supply chain? Establish an issue-to-resolution (I2R) process that allows a dedicated team to tackle current and future issues.
The supply chain crisis that has clogged the U.S. logistics network has made the country’s two largest ports of Los Angeles and Long Beach the least efficient trade hubs for handling containers worldwide, a new report showed.
Decades of market consolidation in the U.S. have resulted in problems like the one millions of American families are now facing. Four companies — Abbott, Perrigo, Nestle and Mead Johnson — control 90% of the U.S. supply of formula.
Michelle Carroll, Supply Chain Management Department chair at Fayetteville (North Carolina) Technical Community College, talks about the importance of preparing students for a career in supply chain.
Many observers in the global supply chain and logistics industries are eagerly awaiting a restabilization of supply and demand. But it’s time to bust the myth of a “return to normal.”