The jobs reduction will save $1 billion this year, said CEO Carol Tomé during an earnings conference call with analysts January 30.

P.S. Subramaniam, a partner in the Strategic Operations and Performance practice of Kearney, explains how electronics manufacturers went from having too few materials and components on hand to too many in a very short time — and how they can do a better job of planning in the future.

As they grow ever more complex, modern supply chains require comprehensive lifecycle orchestration.

The American car manufacturing giant said that it would be cutting back production at its Michigan Rouge Electric Vehicle Center to just one shift starting April 1, 2024.

The Cameron LNG export plant in Louisiana canceled at least one scheduled shipment while other deliveries from Cameron and Cheniere Energy’s Corpus Christi facility in Texas were also delayed

Erin Fox, the associate chief pharmacy officer at the University of Utah, claimed that the most recent drug shortages in the U.S. are the “worst” in a decade.

Oil markets are set to remain in deficit through to the end of 2025 unless Saudi Arabia and its allies boost output significantly.

Kazatomprom said January 12 that shortages of sulfuric acid and construction delays at newly developed deposits are creating production challenges that could persist into 2025.

Inventory optimization is a phrase much used and abused. The honest minority of supply chain professionals will admit that they don’t objectively know what "good" looks like.

Most of that additional production capacity could be added in the next three years, based on an analysis of 48 chipmakers with fabrication plants in mainland China, the research showed.