Tag: Supply Chain

April 8, 2024

Companies in the US metal fabrication sector have increased their R&D investment by 26.4% compared to the previous year, according to the latest annual data. This growth is 2.5 times higher than the average across US sectors. As the industry […]

April 8, 2024

The clean energy transition cannot happen without critical minerals. The United States needs to address three key supply chain challenges to meet its ambitions for industry, citizens, and the economy as a whole. These are: China’s supply chain dominance – […]

March 27, 2024

In the wake of a chaotic few years in the global supply chain, including factors such as geopolitical tensions, trade disputes, and climate change-induced disruptions, manufacturers have recognized supply chain resiliency as vital to their success. What many may not […]

January 31, 2024

Insufficient safety measures in warehouse and distribution centers can have severe repercussions, including injuries, operational downtime, product losses, property damages, and potential legal actions. Of particular concern are accidents involving collisions between forklifts or other vehicles and employees or visitors. […]

January 30, 2024

The appetite for speedy package delivery is skyrocketing around the planet. Americans do more than 15% of their shopping online, with digital purchases of groceries, shoes, pet food and other goods quadrupling over the past decade to $1 trillion a […]

January 17, 2024

New data from Tradeshift suggests a modest uptick in global trade activity during Q4 following an acceleration in new orders during the quarter. According to Tradeshift’s latest Index of Global Trade Health, global trade transaction volumes improved to 4 points […]

December 27, 2023

The Catalyst: Pandemic and Supply Chain Vulnerabilities The pandemic was a key catalyst in this transition, exposing the fragility of traditional supply chains. Businesses encountered severe disruptions due to the lack of redundancy in their networks, leading to shortages amidst […]

December 27, 2023

The recent supply chain disruption caused by attacks on ships in the Red Sea underlines the lessons learned during Covid. Not long ago, long lines at ports and clogged canals dominated headlines. Supply chains and their pandemic-related delays were common […]

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 […]