FedEx and UPS Tackle Tough Decisions Amidst Market Shifts
In the fast-paced world of logistics, FedEx and UPS are making some big changes.
Apple's $10 Billion 'Project Titan' Automotive Dream Derailed
Apple has called it quits on its ambitious Apple car project, known internally as 'Project Titan', reallocating its 2000-strong workforce.
Alibaba Reveals Chinese Government Stakes in Business Units
Alibaba Group Holding Ltd. revealed a deeper involvement of Chinese government entities in its various business arms following an inquiry from the US Securities and Exchange Commission.
More Layoffs at Flexport as the Cost-Cutting Strategy Continues
Flexport, the supply chain logistics firm, is undergoing its third round of layoffs in about a year, reducing its workforce by approximately 15% as part of cost-cutting measures to achieve profitability.
San Francisco APEC Conference Leaves Local Businesses Struggling Instead of Thriving
The APEC conference in San Francisco had a negative impact on businesses in the area, contrary to expectations of a boost in business.
Citigroup Contemplates 10% Job Cuts in Major Business Units in CEO's Restructuring Drive
Citigroup is reportedly considering job cuts of at least 10% in several major business units as part of CEO Jane Fraser's reorganization efforts.
Major U.S. Banks, Including Bank of America and Chase, Face Delays in Processing Direct Deposits Due to ACH Issue
Bank of America and several other major U.S. banks, including Chase, U.S. Bank, Truist, and Wells Fargo, have experienced issues with processing direct deposits, causing delays for customers.
JP Morgan CEO Jamie Dimon Warns of Global Impact Amid Middle East Conflict Escalation
JP Morgan's CEO, Jamie Dimon, has expressed concerns about the escalating conflict in the Middle East, particularly Israel's expected ground offensive on Gaza.
Biden Administration's New Merger Guidelines Criticized as a 'War on Business’
Former Treasury Secretary Larry Summers criticized the US government's new rules on mergers and acquisitions, calling it a "war on business."
Survey Reveals Organizations Implementing Office Etiquette Training to Foster Professional Workplace Culture
According to a survey by ResumeBuilder.com, organizations are responding to changing work environments and declining interpersonal skills by implementing training programs to create a more professional and respectful office culture.
Demand Shaping Strategies Extend from B2C to B2B
The adoption of demand sensing and shaping techniques, previously prevalent in the B2C sector, is now making its way into the B2B landscape, according to Sujit Singh, COO of Arkieva.
Congressional Report Highlights Problems with Yellow Corp.'s $700 Million Loan
A Congressional report released on Tuesday revealed significant problems with the Treasury Department's $700 million loan to Yellow Corp. as part of a COVID-19 relief program in 2020.
Understanding the Factors Behind Rising Business Prices
The reasons behind the ongoing global inflation crisis remain a topic of debate among economists.
Walmart has revealed a series of new initiatives
Walmart has announced new measures to reduce packaging waste in its online orders.
Supply chain organizations should refocus on customer service
Customer service has a significant impact on customer satisfaction and loyalty.
KPIs have evolved post-pandemic
The COVID-19 pandemic has caused businesses to rethink their KPIs and focus on areas such as remote work productivity, customer experience, supply chain resilience, and employee health and safety.
Cost-cutting measures may be necessary, but should be strategic
Cost-cutting is an important goal for any business, and the supply chain is a key area where cost savings can be achieved. However, cost-cutting measures should not be the sole domain of procurement.
Vita Coco is just one of many CPGs that have had to change the way it does business
CPG stands for "Consumer Packaged Goods."
Artificial Intelligence is a wise investment in the new world of persistent supply chain issues
Artificial intelligence (AI) has the potential to bring significant benefits to supply chains by improving efficiency, reducing costs, and increasing accuracy and reliability.
Corporate decision-makers are urgently planning for supply chain overhauls next year
In a recent HSBC Holdings Plc survey, 47% of respondents said that overhauling their supply chain is a priority in 2023 and only 11% said it’s not necessary.