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Think Tank
General SCM: Page 442
Prevalent Launches AI-Powered Virtual Third-Party Risk Advisor
The AI-powered program uses anonymized data to provide users with risk management insights based on various industry guidelines.
Rolls-Royce Eliminating 2,500 Jobs Globally to Cut Costs
Though Rolls-Royce did not specify what parts of the world would be impacted by these job cuts, reports suggest that hundreds of U.K.-based workers will be affected by these reductions.
U.S. Cutting Off China from More NVIDIA Chips, Expanding Technology Curbs
The regulations restrict more advanced chips and chipmaking tools from being exported to other countries besides China, like Russia and Iran.
How Will 2023’s Peak Season Compare to Others?
If businesses fail to get rid of their supplies, they will be forced to refinance all their debt at much higher interest rates.
Ford Calls on UAW to Cease ‘Acrimonious’ Strike
Bill Ford warned October 16 that the longer the strikes last, the more it helps non-union competitors such as Toyota Motor Corp., Honda Motor Co. and Tesla Inc.
EU’s Carbon Price on Shipping Threatens Economic Growth, Southern Nations Say
Under a deal struck in 2022, shipping will be phased into the EU’s carbon market from January 1, starting with 40% of emissions for 2024 being covered.
How Intelligent Automation Can Enable Sustainability in Manufacturing
Despite the many challenges involved, it’s becoming clear that brands who adapt to this new reality will be the ones that secure consumers’ loyalty.
U.K., Europe, Doing Little to Address Forced Labor in China’s Seafood Industry
While the U.S. government has taken some steps to block such imports, neither the British government nor the European Union has followed Washington’s lead.
Macy’s Will Open up to 30 Smaller Stores, Away from Malls
Macy’s has tested the shops, which are roughly one-fifth the size of its traditional mall stores, for nearly four years.
Rite Aid Files for Bankruptcy
Rite Aid is one of many drugstore chains dealing with lawsuits stemming from the deadly abuse of opioids in the United States.
U.S. Struggles to Fund Great Lakes Waterway Maintenance
Washington has earmarked $1.6 billion for the Lake Superior project, but the estimate for what’s needed is twice as much.
Top Indian Solar Manufacturer Asks for Protection from China, Vietnam Imports
The temporary relaxation of a safeguard mechanism has ushered in a flood of cheap imports, forcing local manufacturers to idle some capacity, said Waaree Energies Ltd. chairman Hitesh Doshi.
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