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AI Not a Priority for Retailers and CPG Companies
April 9, 2024
A new study reveals that retailers and CPG companies still don't recognize AI's potential to manage shifts in consumer demand.
US Government Commits $6.6B to Boost Semiconductor Production
April 8, 2024
The US Government is giving $6.6 billion to the world's largest semiconductor manufacturer to build a fabrication plant in Arizona.
Examining the impact of the Taiwan earthquake on global supply chain operations
April 4, 2024
This earthquake is the latest in an ostensible series of events impacting the global supply chain, right on the heels last week’s tragic bridge collapse in Baltimore, which was preceded by the ongoing Red Sea and Panama Canal issues.
Major Earthquake Hits Taiwan. How Will This Affect the Supply Chain?
April 3, 2024
Taiwan was struck by a major earthquake on Wednesday, raising concerns about slowdowns in the global tech supply chain.
Global Business Sentiment Rises Amid Supply Chain Challenges
April 3, 2024
Dun & Bradstreet's latest report reveals that while business optimism grows, supply chain disruptions loom large due to geopolitical tensions.
Manufacturing Finally Grows After 16 Straight Months of Decline
April 2, 2024
March was a good month for manufacturing, which snapped 16 straight months of decline and showed positive signs of growth and economic recovery.
Manufacturing sees growth in March, snaps 16-month stretch of contraction
April 1, 2024
The report’s benchmark metric, the PMI came in at 50.3 (a reading of 50 or higher indicates growth), topping the March PMI, of 47.8, and contracting after 16 months of declines. ISM added that the overall economy grew, at a faster rate, in March, for the 47th consecutive month. The previous 16 months of contraction through February were preceded by a stretch of 28 consecutive months of growth.
How Manufacturing Companies are Staying Ahead of the Curve
March 27, 2024
Rockwell released its annual State of Smart Manufacturing Report, revealing a focus on new technologies to build resilience, drive growth, and more.
New survey from Rockwell Automation finds GenAI as top tech investment for manufacturers
March 26, 2024
Cobots, AMRs, and AGVs also rank as top tech investments in Global State of Smart Manufacturing Report, which gauges the impact of emerging technologies across multiple challenges. The global study surveyed more than 1,500 manufacturers across 17 of the leading manufacturing countries.
Q&A: Mike Burkhart, VP of Mexico, C.H. Robinson
March 26, 2024
LM Group News Editor Jeff Berman recently spoke with Mike Burkhart, VP of Mexico, for Minneapolis-based global logistics services provider and freight forwarder C.H. Robinson, about the ongoing nearshoring push into Mexico and what shippers need to know and be prepared for in order to establish cross-border supply chain and logistics operations south of the border.
Shein To Sell Supply Chain Infrastructure To Outside Brands
March 21, 2024
Fashion retailer Shein says it plans to make its supply chain infrastructure and technology available to other brands.
Companies Targeting Supply Chain and Manufacturing for Cost Savings
March 20, 2024
Global executives are targeting supply chain and manufacturing costs as the biggest areas to achieve cost savings this year, a Boston Consulting Group survey reveals.
Supply chains are facing new pressures as companies seek cost savings
March 18, 2024
Boston Consulting Group report finds that 65% of executives are prioritizing supply chain and manufacturing costs.
Former Tesla Executive Joins General Motors to Drive Electric Vehicle Strategy
March 14, 2024
GM appoints former Tesla executive to lead electric vehicle strategy amid company's leadership shifts.
How PepsiCo Revamped Its Supply Chain
March 5, 2024
PepsiCo's supply chain evolved after COVID, adding more products and efficiency in its operation.