Global oil consumption will exceed supplies by roughly 2.7 million barrels a day during July 2023 based on a June 13 report from OPEC.

Luis Gonzalez, global supply chain director of Proximo Spirits, a subsidiary of Becle, relates the company's search for a decision-intelligence tool, and its partnership with Aera Technology.

Machine learning, a subset of artificial intelligence, is a game-changer that allows businesses to transcend outdated methods and transform the way they operate.

In DispatchTrack's "2023 Supply Chain Perspective" survey, 72% of professionals said they're still experiencing significant supply chain challenges despite claims that the global crisis has improved.

Items in the mismanaged inventories include ration packs, toiletries, light globes, clothing and parts for special pieces of military equipment.

Bill Benton, co-founder of Gains, details why planning processes don't meet and solve inventory challenges.

Due to a drop-off in consumer demands over the last 12 months, 36.1% of small- and medium-sized businesses are now faced with excess inventories.

Thyssenkrupp AG’s marine arm and India’s Mazagon Dock Shipbuilders Limited are expected to jointly bid for the project worth an roughly $5.2 billion.

This is Arkansas’s first market fulfillment center, and the second to be opened in the United States, after Store #2142 in Salem, New Hampshire.

The deal will see the company develop 5G RF and wireless connectivity components for Apple while Broadcom will be able to invest in more automation projects.