article thumbnail

Procurement will play a critical role in driving recession readiness

Proxima

As a result, there are going to be difficult conversations taking place in offices across the United States, whether it’s the 30 th floor of a New York high rise or the board room of a manufacturer in Houston. How does each purchase order or contract contribute to the overall objectives of the firm? So, what can be done?

article thumbnail

U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP), reported an April 2023 value of 50.9,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is It Time to Concentrate on Climate Adaptation?

Enterra Insights

Geological Survey (USGS), the National Oceanic and Atmospheric Administration (NOAA), and researchers from Vrije Universeit Brussel and University of California Santa Cruz, Business Insider created a video depicting what the Earth would like if all the water currently captured in ice sheets and glaciers melted. And in the U.S.,

article thumbnail

Renegade Riposte

Supply Chain Shaman

After, I explained this, I granted Peter permission for the council to use the Index (the use of the Supply Chain Insights content follows the principles of open source), I then said to Peter, “I am glad that you called. I wrote a report when I was an AMR Research Analyst in 1996 on the advancement of multi-tier inventory analytics.

article thumbnail

Answering the Call in Times of Disaster

Material Handling & Logistics

Behind the scenes during the tumultuous disaster season of 2017, building materials manufacturers leaned heavily on dynamic digital tools to supply recovery efforts. The urgent phone call to the building materials manufacturer came as yet another hurricane was churning its way toward landfall during the record storm season of 2017.

article thumbnail

3 Ways a Poorly Managed Inventory Can Ruin a Business

RFgen

Going back to Panko’s research, he noted that the Cell Error Rate for many commercial and research spreadsheets is between 1-5 percent. While purchasing and integrating the solution into a company may cost a bit of money, the amount of money the system can save could extend into hundreds, if not thousands, of dollars.

article thumbnail

3 Ways a Poorly Managed Inventory Can Ruin a Business

RFgen

Going back to Panko’s research, he noted that the Cell Error Rate for many commercial and research spreadsheets is between 1-5 percent. While purchasing and integrating the solution into a company may cost a bit of money, the amount of money the system can save could extend into hundreds, if not thousands, of dollars.