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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…
Inflation continues to rise at historic levels. According to the Consumer Price Index, inflation is increasing at its fastest pace in 40 years a reported 7.9% increase in February. The reasons for such a steep climb are varied and include the ongoing Russian invasion of Ukraine, which has among other things caused gas prices to…
As the Russia’s invasion of Ukraine continues to intensify, the globe is intensifying the sanctions placed on Russia in response. And manufacturing supply chains are feeling the pressure. As of this writing, the European Commission has prepared a new package of sanctions against Russia and Belarus that will ban three Belarusian banks from the international…
When the COVID-19 vaccines were released in early 2022, many predicted that by the end of the year normalcy would have returned to the global economy — and by extension the global supply chain. This has not been the case. In fact, as the economy gradually opens back up, disruptions within the supply chains appear…
One of the major focuses of the current U.S. administration in recent months has been the ongoing supply chain crisis. It’s a crisis that has many causes, and while there is no quick fix, action from both the government and the business community are universally recognized as being integral to the solution — even if…
Although the automotive industry has both introduced exciting new technologies and made several bold plans to fully embrace a new, net-zero carbon emissions model, 2021 has proven to be an incredibly difficult year. These difficulties have only been amplified by the emergence of the COVID-19 Delta variant, which has called into question the ability of…