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Think Tank
Business Strategy Alignment: Page 127
Ramping Up Supply Chain Resilience with AI-Powered CLM
Business systems can’t operate with true effectiveness as stand-alone functions; they must work together for businesses to harvest the most value from their data.
How Video Game Technology is Changing Industrial Training and Manufacturing
Managers of manufacturing and training operations will need to see a faster ROI if this technology hopes to become a staple of supply chains.
Corporate Investments in Supplier Diversity Remain Strong, Despite Challenges
Eighty-nine percent of companies expect to maintain or increase support for supplier diversity, according to Supplier.io’s 2023 State of Supplier Diversity Report.
Kroger and Albertsons Plan to Sell 413 Stores, Kroger Gains Supply Chain Efficiencies
Kroger said it has achieved “meaningful operational efficiencies” in its supply chain through improved transport capacity utilization and increased productivity in its warehouses and across its network.
The Supply Chain Has a New Paradigm
Now volatility is end to end, and supply chain planning extends beyond order fulfillment to sustainability and resiliency. The good news: They’ve updated the operator’s manual.
Key Considerations in Evaluating the Popular Near-Shoring Trend
Near-shoring operations shouldn't be done lightly, but only after looking internally at business goals and externally at the market to make an informed decision.
Supplier Delays Force Lockheed Martin to Lower F-35 Jet Delivery Outlook
Lockheed Martin is now expecting to deliver 97 aircraft this year that run on existing technology, down from the previous forecast of 100 to 120 jets.
Neptune Lines Orders Two Car Carriers from Fujian Mawei
The 4,200 car equivalent unit (CEU) dead freight pure car and truck carriers (PCTC) will be delivered by Fujian Mawei Shipbuilding by 2026.
The Benefits of Lithium-Ion Batteries in Electrifying Industrial Equipment
The improved sustainability, cost-efficiency and positive global impact of lithium-ion batteries prove it to be a better overall product.
Tyson Foods Dealing with Excess Inventory, Low Demand
Tyson recently closed down its Van Buren, Arkansas plant, one of six planned shutdowns to cut costs as Tyson deals with flat demand and a drop in wholesale prices.
UAE, Brazil Partnership Aimed at Boosting Economic Cooperation
This comes as part of the UAE’s government experience exchange program, which was launched in 2018 and has led to partnerships with over 30 countries.
Strategic Responses to Supply Chain Trends
Companies are always going to face the unexpected and unpredictable. The hard part is knowing how to prepare for these supply chain trends strategically.
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