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.”
A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply chain woes strain the electric grid.
President Biden invoked emergency powers under the Defense Production Act to try and boost production of baby formula, while ordering the use of government planes for imports to alleviate shortages.
Hospitals around the U.S. are postponing CT scans and rationing care while waiting on shipments of medical dye made in a Shanghai plant that just restarted production amid the city’s lockdown.