A rising Consumer Price Index directly correlates to the cost of financing equipment, but it can also have a significant ripple effect on other cost centers, such as maintenance and repair.
There’s a pressing need to make inventory management more flexible, resilient and stable. Many companies are turning to artificial intelligence as a solution.
With the stakes rising from temporary revenue dips to more serious product shortages, it’s time for a shift in our approach to this “new normal” of supply chain instability.
Supply chain companies can proactively prepare for and prevent cyberattacks, and respond if vulnerabilities are detected, with the help of pen testing as a service (PtaaS).
Passage of the CHIPS Act came at an opportune time, as chip manufacturers had suspended plans to build new fabrication plants in the U.S., saying they wouldn’t proceed without U.S. government subsidies.
The manufacturing supply chain has been bruised and battered in the last few years, and the hits keep on coming: the pandemic, extreme weather, geopolitical challenges, the Great Resignation, and a wave of retirements – and now, global inflation.
Lone hackers, rogue nations and cybercrime syndicates have a big agenda in common: Alone or collectively, they can bring the global supply chain to its knees.