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.
With inflation and interest rates easing, manufacturing investment is on the rise. Several large manufacturers have said they plan to increase capital investments and merger and acquisition deal-making in 2024.
The most crucial tool a supply chain manager can have to fend off UFLPA or other compliance risks is a transparent view of your suppliers’ critical relationships.
The U.S. Securities and Exchange Commission’s new climate disclosure rules underscore the mounting pressure on businesses to prioritize environmental sustainability.
Sometimes a breach of contract by a supplier is completely unexpected, but other times you might see it coming weeks or months in advance, and be left wondering about your options.
By harnessing AI for activities such as load optimization, route planning, predictive analytics and dynamic scheduling, businesses can start to find ways to trim their carbon footprint.
Implementing advanced technologies such as an MES allows businesses to alleviate the immediate challenges associated with staffing shortages, and lay the groundwork for long-term workforce resilience.