Most of the recent talk surrounding high-tech manufacturing supply chains has been about the severe shortage of microprocessors. But equally important is the supply of printed circuit boards.
Uber's computer network has been hacked. The ride-hailing company said it was investigating after several internal communications and engineering systems had been compromised.
The recently enacted Ocean Shipping Reform Act of 2022 gave the U.S. Federal Maritime Commission stronger oversight of how ocean carriers and marine terminals treat shippers. Now, FMC is being called on to wield some of that power.
Businesses today find themselves facing a wide range of economic and legal challenges, resulting in the inability of suppliers and buyers to meet contractual obligations.
For all the talk of the need for collaboration between manufacturers and their suppliers, there are situations when their best interests come into direct conflict.