This is how companies deal with the Red Sea crisis
This is how companies deal with the Red Sea crisis: planes, storage, and closest suppliers.
This is how companies deal with the Red Sea crisis: planes, storage, and closest suppliers.
In the last month, we've participated in at least six economic forecast presentations or discussions with experts (economic, banking, investment, manufacturing). Although they each had nuances, common themes emerged. Adding our expertise into the mix, we see volatility on the horizon.
The recent turmoil in the Red Sea, triggered by Houthi drone and missile attacks, has significantly amplified risks in global shipping, particularly affecting the Suez Canal and Red Sea routes.
Supply chain disruptions are nothing new for the shipping industry. The COVID-19 pandemic presented an unprecedented challenge for the industry. Lisa Anderson comments on the disruptions arising from the current Houthi attacks in the Red Sea and the implications.
Disruptions have not stopped. China has been flying balloons over Taiwan. North Korea is threatening South Korea. Russia continues its war with Ukraine. Israel is at war with Hamas [...]
Talent is such a critical topic that we will keep our eyes and ears out for unique strategies and fresh ideas for success.
According to Polaris Market Research, the market size of artificial intelligence (AI) in manufacturing is predicted to grow more than 41% during the next decade. Although the latest Sikich Industry Pulse found that less than 20% manufacturers have started to implement AI [...]
Pay alone will not suffice. In our experience, the most important priority to retaining top talent is company culture and leadership.
99% of the companies that bring us on board for consulting projects can accelerate bottom line business results by better utilizing their ERP system.
Although production and materials planning can be overlooked in its importance in most companies if going smoothly, it is cornerstone to success.