U.S. Senators Sherrod Brown and Mark Kelly led a bipartisan group of lawmakers in urging leaders of the Senate and House Armed Services Committees to preserve language from the Building Chips in America Act in the National Defense Authorization Act (NDAA). The bill aims to prevent delays in microchip

Shortages of rice in India due to drought and monsoon rains are causing a global supply shortfall. Climate change is increasing the frequency and severity of extreme weather events, impacting crops like rice, sugar, and coffee. Businesses are using innovative solutions like gene technology, regenerative agriculture, and monitoring tools to

The White House is discussing the U.S. recovery and the role of policy in overcoming the pandemic downturn. The recovery is strong with the economy growing by 4.9% in the third quarter, exceeding expectations. Core inflation is coming down, with annual core PCE inflation at 3.7% in

Amazon has made efforts to improve its delivery speed by optimizing its fulfillment network and reducing costs. The company has shifted from a single national fulfillment center to eight distinct regions in order to slash costs and optimize delivery speeds. By improving connectivity between facilities and increasing local in-stock levels,

Nike has joined forces with Apple and Amazon to launch the Clean Energy Procurement Academy. This platform aims to speed up the integration of clean energy into global supply chains. The academy will support companies supplying these major buyers with the skills and knowledge needed to access clean energy, helping

Suez, an environmental organisation, is working to improve global sustainability. With over 40,000 employees and operations in 40 countries, the company provides sanitation services to 37 million people and produces 3.7 TWh of renewable energy. Suez is focused on training employees to understand and promote sustainability, although it

Sony predicts that Christmas 2023 will be a highly successful season for PlayStation sales. Supply chain issues that have hindered PlayStation 5 sales have been resolved, ensuring widespread availability of the console during the holiday period. Despite challenges, Sony has sold 40 million units of the PS5 and is confident

The Russian invasion of Ukraine in 2022 has resulted in increased revenues for defense contractors such as Lockheed Martin, General Dynamics, and RTX. These contractors are restocking supplies and fulfilling new contracts to supply Ukraine directly or replace weapons sent by the US. The conflict in Ukraine and Israel'

Cargo volumes at the South Carolina Ports Authority fell 12% YoY to 199,208 TEUs in September. The U.S. port industry expects a slower peak season due to decreased consumer demand and the weakened economy. However, retailers have normalized inventory levels and are prepared for the holiday season. Companies

UPS is acquiring Happy Returns, a software and reverse logistics company that facilitates easy returns for merchants and consumers. The move aims to reduce the volume of returns and offer convenient return options at over 12,000 locations in the US. However, retailers implementing return fees have seen a backlash,

The Biden administration has designated 46 locations across the United States as "tech hubs" as part of its efforts to boost technology sectors outside of major cities. These hubs will focus on various technologies, including battery manufacturing, AI-driven biotechnology, and quantum computing. The goals of the program include

Orbia's Fluorinated Solutions business, Koura, is planning to invest $800 million in two expansion projects in Iberville Parish, Louisiana. The first project is the construction of a $400 million manufacturing facility for LiPF6, a component used in lithium-ion batteries. The second project is a $400 million production plant

The US and Lithuania have signed a non-binding Security of Supply Arrangement (SOSA) to acquire industrial resources for defense requirements. The arrangement aims to promote shared supply chain resilience and address unanticipated disruptions. The SOSA enables both countries to prioritize each other's national defense procurement requests. This agreement

Secretary of State Antony J. Blinken will host a ceremony on October 30 to honor the winners of the Secretary of State's Award for Corporate Excellence. Five U.S. companies will be recognized for their work overseas that benefits local communities and exemplifies American values. The categories for

U.S. Senators from Idaho, Mike Crapo and Jim Risch, have praised the American Aerospace Materials Manufacturing Center on its designation as a Regional Technology and Innovation Hub. This designation was a result of Risch's legislation, the CHIPS for America Act, which aims to bring semiconductor manufacturing back

Vice President Kamala Harris has announced new actions to support under-resourced suppliers, small businesses, and communities as part of the Biden-Harris Administration's Investing in America agenda. The agenda aims to build the economy from the bottom up and increase economic opportunity. The administration has awarded a record-breaking $70

The Department of Commerce's Bureau of Industry and Security (BIS) has released three rules to update export controls on advanced computing and semiconductor manufacturing items. The new rules impose controls on semiconductor manufacturing equipment, restrict U.S. companies from providing support to China's advanced semiconductor manufacturing,

Cold chain logistics play a crucial role in the global food supply chain, but rising costs and environmental factors are challenging their efficiency. Morten Johansen, COO of DP World Americas, highlights in Forbes the impact of transportation costs on food prices and proposes enhanced cold chain logistics to address these

The US Department of Defense has signed a Security of Supply Arrangement with Estonia to support their defense industries' supply chain resilience. The agreement includes working groups, advanced communication systems, and streamlined responses to supply chain issues. This move is part of the US initiative to secure defense-critical supply

Secretary of Commerce Gina Raimondo and Secretary of Transportation Pete Buttigieg updated the Advisory Committee on Supply Chain Competitiveness (ACSCC) on the Biden-Harris Administration's supply chain priorities. They discussed initiatives, collaboration with industry, and progress made on ACSCC recommendations. The meeting highlighted key supply chain priorities including the

Using artificial intelligence, Govini has created a digital twin of the US defense industrial base, revealing the United States military's technological disadvantage. The analysis shows that the US acquisition process is slow, complex, and burdensome, preventing the deployment of the best capabilities. The digital twin also uncovers gaps

IBM and KPMG have expanded their alliance to assist clients in the energy and utilities industry with implementing SAP S/4HANA. Cloud ERP projects can fail without the right technology and expertise. IBM Consulting and KPMG are providing consulting, operational, and financial experience to automate and manage core business processes.

An ongoing civil rights lawsuit, Torres-Boyd v. Thyssenkrupp Supply Chain Services NA, Inc. et al, has reached California Northern Court. The case involves employment issues and is scheduled for a trial on April 14, 2023. Both sides have recently submitted filings related to the case. The trial date is set

Tecsys Inc., a leading supply chain management software company, has announced the winners of its 2023 Supply Chain Excellence Awards at the recent Tecsys User Conference. The awards celebrate the achievements of supply chain professionals who have made significant contributions to their organizations. Winners include Anwar Williams from McLeod Health

The Cybersecurity and Infrastructure Security Agency (CISA) has released a new resource guide for small and medium-sized businesses (SMBs) to develop a resilient supply chain risk management plan. SMBs often lack expertise in risk management and need support to mitigate disruption to their supply chain. CISA aims to enhance supply