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Think Tank
General SCM: Page 403
AI Is Helping Protect Healthcare Supply Chains, Study Shows
Forty-four percent of healthcare organizations are using AI to improve customer experiences while another 35% use this technology to forecast consumer demands.
U.K. Government Launches New Supply Chain Resilience Strategy
The strategy was launched by the Minister for Industry and Economic Security, Nusrat Ghani, during a visit to Heathrow Airport in London, the U.K.’s largest import hub.
Consumer Market Analysts Cautiously Optimistic for 2024 at NRF Conference
A panel of experts at the National Retail Federation’s NRF’24 conference in New York said the retail market had a strong holiday season, and would likely continue to thrive.
OPEC Sees Robust Oil Demand Next Year in First Look at 2025
Oil markets are set to remain in deficit through to the end of 2025 unless Saudi Arabia and its allies boost output significantly.
Anheuser-Busch Employees Threatening to Go on Strike
Workers at 12 Anheuser-Busch factories across the U.S. are seeking a significant wage increase, greater job security and improved retirement options and benefits.
Continued Red Sea Attacks Could Cause Inflation, Shipping Rates to Rise
Mohamed El-Erian, the former CEO of the investment management firm PIMCO, warned that shipment disruptions caused by Houthi attacks could cause shipping costs to increase while hindering global economic growth.
Hapag-Lloyd Maersk Partnership Means Shake-up in Global Shipping Alliances
The new cooperation between Hapag-Lloyd and Maersk will comprise a fleet pool of around 290 vessels with a combined capacity of 3.4 million containers (TEU); Maersk will deploy 60% and Hapag-Lloyd 40%.
Port of LA Ends 2023 with Five Straight Months of YoY Growth
The Port of Los Angeles ended up handling roughly 8.6 million TEUs in 2023, a 13% drop off when compared to 2022.
Stellantis Letting Go of Thousands of Italian, U.S. Workers
Stellantis will temporarily lay off 2,250 Italian workers after announcing plans to cut the jobs of 539 supplemental workers in the U.S.
Chevron Still Plans to Ship Cargo Along Red Sea Route, CEO Says
The California-based oil giant is working with naval authorities in the U.S. and Middle East to move its cargoes through the region, said CEO Mike Wirth.
How to Prevent Procurement Fraud With Analytics
Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.
Strategies for Building Knowledge in a Volatile World
There are strategies that leaders can employ to help themselves and their teams capitalize on the knowledge they need to tackle a world filled with uncertainty, complexity and ambiguity.
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