Tag: Supply Chain

November 14, 2023

Consumers gearing up to buy the latest imported appliances, clothes or electronic gadgets this holiday season might want to spare a thought for the companies that will struggle to make money for the next few years hauling products across the […]

November 6, 2023

Envisioning the future of U.S. manufacturing from an engineering research viewpoint was the purpose of the March 2023 event convened by the Engineering Research Visioning Alliance (ERVA), an initiative funded by the U.S. National Science Foundation (NSF). The event convened […]

October 24, 2023

What does it take for a product to become a memorable experience for your customers? It takes a resilient, agile, and hyperconnected supply chain. Sixty-three % of companies surveyed by Bain & Company across different industries rank supply chain resiliency […]

October 17, 2023

Sweden’s Volta Trucks AB is planning to file for bankruptcy following a breakdown in its supply chain, the company said. The decision comes roughly two months after Volta’s battery supplier Proterra Inc. failed, causing the truck maker to fall short […]

October 2, 2023

The projects will produce the equipment, chemicals, gases, and other materials that are needed in the semiconductor supply chain. The application process is designed to be accessible for smaller businesses and projects. It includes two phases: Concept Plan: Applicants will […]

August 28, 2023

Economists, financial leaders, and central bank officials from around the globe flew into Jackson Hole, Wyoming over the weekend for the annual Jackson Hole Symposium, which examined some of the big shifts happening in the global economy. One of the […]

August 9, 2023

Many supply chain leaders were unprepared when the pandemic hit, and businesses struggled to maintain material supply continuity. Fast forward a few years, and procurement continues to be more challenging than ever. Companies still struggle as geopolitical volatility, natural disasters […]

June 29, 2023

Fed Chair Jerome Powell sent a strong signal that the Fed’s bias is toward raising interest rates to curb inflation, which is not part of the baseline forecast, nor are we ready to add it. Odds are extremely high that […]

May 30, 2023

Early last week, China’s Commerce Minister Wang Wentao, after a meeting m Korean Trade Minister Ahn Duk-geun, said the two countries had agreed to strengthen dialogue and cooperation on semiconductor industry supply chains. However, a Korean government statement on the […]

May 12, 2023

The COVID-19 pandemic and supply chain shortages that followed exposed just how vulnerable the offshoring of critical manufacturing had left the United States. One of the most frustrating things about those crises was that United States itself was to blame, […]

May 9, 2023

Members of Congress headed to a container ship terminal in Staten Island on Tuesday — “the birthplace of Pete Davidson,” as hometown Rep. Nicole Malliotakis (R-N.Y.) described it — for a special field hearing to examine how trade is impacting […]

April 18, 2023

Supply-chain snarls are still hindering efforts by weapons makers to produce more arms for Ukraine and refill stocks for the U.S. and its allies. Lockheed Martin Corp. said Tuesday that sales of its long-range missiles known as the Guided Multiple […]

March 29, 2023

What is waste in lean manufacturing? In the lean manufacturing methodology, waste is described as any activity that does not bring value to the customer. It encompasses far more than physical garbage or production residues and can result from anything […]

March 6, 2023

As concerns of an economic downturn continue to loom, businesses of all sizes in the manufacturing sector are bracing for challenges. However, despite these difficulties, it’s still possible for organizations to avoid problems from external factors by enacting a strategic […]

January 13, 2023

President Biden went down Mexico way this week for a North American leaders summit with Mexican President Andrés Manuel López Obrador (AMLO) and Canadian President Justin Trudeau, where they pledged to work together to forge stronger regional supply chains. Then […]

January 11, 2023

The Plastics Industry Association (PLASTICS) has released “The U.S. Plastics Industry in 2022 in Seven Charts,” a recap of the plastics industry 2022 economic performance, authored by Chief Economist, Dr. Perc Pineda. Dr. Pineda writes, “Seven charts explain how the […]

December 1, 2022

Caraway is a popular brand of premium, non-toxic kitchenware and has maintained a significant presence in the ecommerce space for three years. In 2021, Caraway tapped ITS Logistics to support its expansion into omnichannel markets, specifically focusing on increasing its […]

November 9, 2022

Semiconductor whiz Gerald Yin left the U.S. and spent 18 years in China building what he said would be a worldwide powerhouse in chip-making equipment. Now the American citizen’s lifework has been thrown into uncertainty as U.S. restrictions undermine the […]

October 13, 2022

GE Healthcare is taking steps to secure its supply of the substance used in x-rays and CT scans after shortages of iodinated contrast media led to doctors in the U.S. postponing nonemergency tests. The company said on Thursday that it […]

September 13, 2022

Schneider Electric, the global leader in the digital transformation of energy management and automation, is joining HP Inc. at the 2022 International Manufacturing Technology Show (IMTS), to announce the commercial availability of its Metal Jet S100 Solution. Accelerating innovative designs […]