Estimates suggest that global economic growth will slow to 2.4% in 2023 due to high interest rates and inflation. The United Nations' Trade and Development report shows that most G7 economies have only marginally improved since before the pandemic. The US has a GDP reading of 106.7,

Leading carbon black manufacturer, Birla Carbon, has successfully implemented Blue Yonder's digital technology for Sales & Operations Planning (S&OP). The solution integrates demand forecasting seamlessly into operations planning, providing real-time insights for agile decision-making. Birla Carbon partnered with Ernst & Young as a transformation partner for

The ongoing political unrest and blockades in Bangladesh are set to further damage the country's already struggling economy. The three-day blockade enforced by opposition parties BNP and Jamaat-e-Islami is expected to disrupt the supply chain, making it difficult for exporters to meet global demands and importers to receive

Wall Street rallied on Monday, with all three major U.S. stock indexes posting sharp gains. The rally came as companies continued to report better-than-expected third quarter earnings, with 78% of S&P 500 companies beating Wall Street estimates so far. This week, the focus will be on the

Canadian Solar Inc. has announced plans to establish a 5 GW solar PV cell production facility in Jeffersonville, Indiana. The state-of-the-art plant, with an annual output of 5 GW and an estimated investment of over $800 million, will create around 1,200 high-tech jobs. The facility will produce solar cells

Hydropower development in the Lower Mekong Basin threatens regional supply chains and multi-billion-dollar industries, warns the World Wildlife Fund (WWF). The expansion of hydropower is jeopardising essential supply chains such as energy production, fisheries, aquaculture, rice production, sand mining, textiles, and electronics manufacturing, according to the report. The Mekong basin

Health Canada and FDA regulators will address recent policy updates at DIA's 21st Canada Annual Meeting in Ottawa on Nov. 7-8. The event will focus on regulatory, clinical, and pharmacovigilance challenges, including AI and the global supply chain. Attendees will have the opportunity to discuss policy updates with

Binghamton University's New Energy New York (NENY) project has been named a federal Tech Hub for battery innovation. U.S. Sen. Charles Schumer made the announcement during a press conference on Oct. 23, 2023. The designation recognizes Binghamton as a leader in energy storage solutions and will contribute

Chicago, IL – Today, Zacks Equity Research discusses T-Mobile US Inc., United States Cellular Corp., and Gogo Inc. The wireless industry is facing challenges such as capital expenditure for infrastructure upgrades, margin erosion, supply-chain disruptions, and geopolitical conflicts. However, the industry is expected to benefit from the 5G rollout and increased

US dairy production has changed significantly in the past two decades, with an increase in milk production. This growth is attributed to a rise in the number of dairy cows as well as the milk yield per cow. The production trends vary across regions, with "traditional" dairy states

Apparel and footwear companies have been relocating their supply chains out of China due to geopolitical tensions and lower manufacturing costs. However, as global economic uncertainties and weakened consumer demand take hold, many are realizing the challenges of finding alternative production hubs. Some companies are even returning to China, citing

The web page is currently inaccessible as the web server is not responding. Users are advised to try again later. It is recommended to contact the hosting provider to inform them about the issue. Source: Link Frequently Asked Questions What is B2B omnichannel network design and inventory positioning in Supply

The Nelson Institute Center for Sustainability and the Global Environment is hosting a lecture on sustainable agriculture and beef supply chain agreements in the Amazon Rainforest. The speaker, Ricardo Augusto Negrini, is a federal prosecutor from the Brazilian Public Prosecution Service. The lecture is part of the Weston Roundtable series,

The U.S. Department of Energy's Advanced Materials and Manufacturing Technologies Office has renewed funding for the Clean Energy Smart Manufacturing Innovation Institute (CESMII) at UCLA. The institute will receive an initial $6 million, with potential for additional federal funding over four subsequent years, along with $30 million

United States Steel Corporation's operations in Pennsylvania contributed $3.6 billion to the local and state economy in Fiscal Year 2022, supporting 11,417 jobs. The economic impact report highlights U.S. Steel's commitment to the communities it serves and its charitable giving. The study, conducted

Amid uncertain consumer demand and high interest rates, companies are tightening their belts and focusing on cost containment. The COVID-19 pandemic has emphasized the importance of supply chain collaboration and visibility, particularly in the face of disruptions. However, many organizations struggle with visibility beyond Tier 1 suppliers. Companies are prioritizing

Severe drought has caused water levels in the Mississippi River to drop, impacting the shipping industry. To combat this, the U.S. Army Corps of Engineers is using a dredge ship to remove silt and maintain commerce. This is one of several disruptions the shipping industry has faced due to

Logility, Inc. will showcase their latest developments in supply chain planning at the 2023 Gartner Supply Chain Planning Summit in London. Their products, such as DemandAI+ and InventoryAI+, utilize artificial intelligence (AI) to optimize supply chain performance. Logility's Digital Supply Chain Platform offers a comprehensive solution that includes

The Securities and Exchange Commission (SEC) has filed a lawsuit against SolarWinds, a technology company that was attacked by Russian hackers in 2020. The SEC alleges that SolarWinds and its top security executive, Tim Brown, concealed poor cybersecurity practices from investors and customers. The lawsuit seeks civil penalties, reimbursement of

U.S. Deputy Secretary of Commerce, Don Graves, will travel to South Africa in November to participate in the African Growth and Opportunity Act (AGOA) Forum. The purpose of the visit is to strengthen commercial relations with partner countries, including South Africa, and promote economic growth. Graves will be joined

Mishimoto, a global leader in performance cooling products, turned to Redwood Logistics for a solution when a sudden provider change threatened their client deliveries. In just two weeks, Redwood set up a transportation management system and successfully launched operations at two locations, preventing any disruptions in deliveries. Redwood also provided

The US government is closely monitoring the Temu website, suspecting it may be a front for Chinese data harvesting. Despite its low prices and popularity, analysts are questioning how the company is able to turn a profit and how long its business model can last. Temu has captured a significant

AECOM, an infrastructure firm, emphasizes equity, diversity, and inclusion in its vision. The company believes that infrastructure can create opportunities for everyone and aims to build a better world by opening doors and creating opportunity. Their technical experts utilize technology to deliver transformative outcomes. AECOM also prioritizes protecting and enhancing

The 24th annual ceremony for the Secretary of State’s Award for Corporate Excellence took place in the Benjamin Franklin Room. Several officials, including Secretary of State Antony Blinken, recognized five U.S. companies for their positive impact on society in categories such as sustainable supply chains and women’s