Biden used the meeting to announce 30 actions that will provide Americans with access to medicine and the economic data needed to track the production and shipment of certain goods.

Toy and game imports have fallen sharply in 2023 while sales at toy stores, department stores and other gift outlets were down in October.

For both medicines, shortages will get worse as the end of this year approaches, according to a letter to healthcare professionals published November 21 by the European Medicines Agency

Brick-and-mortar retailers are seeking out hi-tech ways of tracking the habits of flesh-and-blood shoppers while they’re in their stores.

Jeremy Tancredi, partner and leader of the Supply Chain Practice of West Monroe, recalls the plight that merchandisers found themselves in when they responded to a surge in demand during the pandemic, only to be left with excess inventory and capital equipment when it was over.

We've only just begun to scratch the surface of AI's transformative potential, and navigating this landscape requires collective wisdom and ethical vigilance. 

Two-thirds of the 30 retailers analyzed had inventory turnover rates below their peers, which indicates excess stock and/or slow sales.

Transfix said that this new feature will allow companies to manage an RFP in just minutes rather than in hours.

The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.

Employees no longer spend long, tedious hours doing manual inventory with forklifts, and there is now less likelihood of misplacing product.