July saw another “outstanding” month for cargo volumes at the Port of Los Angeles and wait times were down, said port executive director Gene Seroka, while noting that exports had continued to decline for three years.
President Biden signed into law Aug. 9 the bipartisan CHIPS and Science Act of 2022, as part of an industrial strategy to revitalize domestic manufacturing, create good-paying American jobs, strengthen American supply chains, and accelerate the industries of the future.
Harsh weather patterns soon may be reaching into apparel supply chains. Southwestern cotton growers are abandoning millions of parched acres that they planted in the spring, reports The Wall Street Journal, sending prices sharply higher on forecasts for the weakest U.S. harvest in more than a decade.
Despite the challenges higher fuel costs bring to industries, few companies have made significant efforts to address the issue. Fortunately, there are ways to mitigate the worst effects of the cost burden.
While for some companies the concept of digital twins may be new, others in the manufacturing space have been using them for years now, proving not just their effectiveness, but also their ability to drive innovation in an increasingly competitive economy.
Cybersecurity risks are rising fast, and it’s not enough for you to secure your data and IT systems within the four walls of your enterprise; you need to make sure your suppliers are not exposing you to attacks as well.
As the U.S.’s largest ports in California moved record amounts of cargo amid pandemic-induced supply chain bottlenecks, union dockworkers strengthened their indispensable role in the nation’s logistics network.
Achieving supply chain visibility isn't a matter of spending years to acquire a fixed view of suppliers, says Jack Dobson, commercial account lead with Palantir. It's about managing relationships that are in constant flux.
Organizations are recalibrating to address supply chain pressures and disruptions amidst the changing world order. To build resilience, incorporating strategic technologies that solve their unique needs is critical.
Using drones for inventory control presents extraordinary benefits. Still, barriers to adoption persist—including the fear of investing in bleeding-edge technology with no guarantee of achieving real results.
One of the chief benefits of digitization is where it meets robotics in the form of robotic process automation. RPA, also known as software robotics, has the potential to transform daily and ongoing business processes by using automation technologies to mimic back-office tasks of human workers.