Layoffs and hires: the economy seeks to rebalance itself after the Covid-19 pandemic
Companies may lay off employees in one area or department while simultaneously hiring new employees in another area or department as part of a larger restructuring effort.
Supply chains thrive off optimal operations and improved customer experience
The power of a smart, connected supply chain lies in its ability to optimize operations, improve efficiency, and enhance customer experience.
Consumers are dealing with renewed inflation, and inventory gluts may be to blame
When there is an inventory glut, it means that there is more supply of a particular product than demand for it.
Global semiconductor shortages rattled the automotive industry last year
Semiconductors are used in a wide variety of electronic components in modern vehicles, including engine control units, infotainment systems, and safety features such as airbags and anti-lock brakes.
Tesla Model 3 & Toyota EV models dominate the market
According to Consumer Reports Top 10 Picks for cars, these automakers are at the top of the list for consumers.
Amazon had a difficult quarter, but growth outside of e-commerce saved them
One potential strategy for Amazon to continue to grow and remain competitive in the long term is to diversify its revenue streams and expand into new areas beyond its core e-commerce business.
Recruiter satisfaction matters for a successful business
Companies should regularly review their recruiting processes and tools to ensure that they are efficient, user-friendly, and aligned with the needs of recruiters.
Port-based logistics are meant to make international shipping smoother
Ports are often located in strategic geographic locations that provide easy access to major shipping lanes, making it easier to transport goods to and from international destinations.
$70 million funding for AI-powered forklifts
Qualcomm Ventures and Zebra Technologies are funneling large amounts of funding into autonomous forklift technology created by Third Wave Automation (TWA).
Why isn’t customer enablement widely practiced in supply chains?
Customer enablement is a strategy that involves providing customers with the tools, resources, and information they need to make informed purchasing decisions, improve their experience with a product or service, and ultimately become loyal and satisfied customers.
FedEx aims to save billions with its DRIVE program
The DRIVE program is focused on optimizing FedEx's pickup and delivery operations through the use of new technology and data analytics.
Supply chain slavery risk increases with poor procurement practices
Modern-day slavery is a serious human rights issue that affects millions of people around the world.
Pressure on Tesla paid off: Supercharger network expansion to move forward
The electric vehicle automaker’s electric charging infrastructure will be expanding to include other electric vehicle models by the end of 2024.
DB Schenker and MSC partner to help reduce supply chain emissions
The global freight forwarder and global shipping line have agreed to help reduce the industry’s emissions by using certified sustainable, second-generation biofuels.
Why is the US energy output mostly “nonrenewable”?
The US has a long history of relying on nonrenewable energy sources like coal, oil, and natural gas to power its economy.
EV automakers need to consider difficult sourcing decisions globally
EV supply chains are complex, with many components sourced from a range of suppliers around the world.
Ford’s electric pickup F-150 Lightning production has been paused
Long-awaited shipments of the F-150 Lightning have been halted abruptly as a potential problem with the vehicle’s battery pack has been identified.
Germany reduces electric vehicle subsidies, resulting in fewer EV sales
Experts are claiming that governments cannot afford to keep electric vehicle subsidies in place forever, and some are wondering if Germany is a sign of what’s to come.
After a weak shopping season, Americans bounce back in the new year despite inflation
Overall, while rising inflation and interest rates can put pressure on consumer spending, other factors such as consumer confidence, supply chain disruptions, shifts in spending patterns, and sector-specific factors can contribute to a jump in retail sales.
Electric vehicles may be as affordable as gasoline cars in 2023
While the price tag on electric vehicles has often played a part in why many Americans cannot afford them, sticker prices are beginning to decline.