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War is never something one likes to think about, especially as another war is already occurring in Ukraine. But with tensions between China and neighboring Taiwan continuing to escalate, the repercussions of another such conflict is something manufacturers across the world need to take into account in their future plans. The latest development in this…
A new report was just issued by the U.S. Labor Department containing the latest inflation figures, and despite significant interest rate hikes by the Federal Reserve with more promised by the end of the year, the news is worse than even the worst estimates predicted. According to the report, prices raised 9.1% from a year…
In what is only the latest indicated of a deep, complex supply chain crisis, President and CEO of the American Trucking Associations told CNN that the trucking industry is now a record 80,000 drivers short. Although this issue is not new, the COVID-19 pandemic has skyrocketed this issue to near catastrophic proportions. Before the pandemic,…
Recent market analyses have painted a disturbing picture for the future of the global supply chain, at least in the short term. What is even more disturbing, however, is that supply chain leaders seem to be making few steps to meet the anticipated tough times ahead. According to a new study from consulting company Accenture,…
The novel Coronavirus is a classic black swan for 2020 — an event that is largely unforeseeable and impossible to fully mitigate. As of this writing, the virus continues to spread to new countries beyond the boundaries of China with Australia, Italy, Iran, South Korea, Japan, France, Germany, Spain, the US, and others all reporting…