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.

Hospitals across the U.S. are facing an escalating crisis: acute shortages of vital medical supplies.

Between October 1, 2023 and November 11, 2023, the average number of recorded theft reports increased to 66 reports per week.

Business committee members said that the U.K. has a “limited window in the next three years to attract further investment into this sector.”

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.

Sphera said its tool gives businesses information regarding lead times for sourcing raw materials, risk events and real-time data on potential supply chain disruptions.

Re-shoring or near-shoring factories, “just-in-case” inventories, and qualifying alternative suppliers are among the most common ways that companies are building resilience. However, these strategies come with tremendous complexity and a heavy price tag.

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

Considering the huge cost of food fraud in global supply chains, it might come as a shock to consumers to learn how weak are the current efforts to put a stop to it.

As we settle into another flu season and updated COVID boosters become available, the focus on vaccine distribution and the cold-chain logistics industry remains sky-high.