The current level of spare capacity indicates that the end of a global manufacturing recession “is still some way off,” said GEP’s vice president of consulting, Todd Bremer.

Retailers that embark on supply chain transformation are well-positioned to confront challenges and stay competitive in a rapidly changing marketplace.

The planemaker shipped 64 jets in November, it said December 5, bringing the tally to 623 for the first 11 months of 2023.

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.