According to this week's GDP report, the real growth rate was minimal (around 1.1%) during the first quarter. On the other hand, inflation remains high, around 5.3%. This seems to reflect stagflation. Unfortunately, business equipment spending was around -7.3%, and inventories are down. PMI (Purchasing Managers' Index), an [...]
Businesses, supply chain, and the world are experiencing disruption, volatility, and chaos. In this period of geo-political risk, interest rate spikes, fears of recession, labor shortages, and more, successful businesses will focus on the fundamentals.
CLAREMONT, Calif., April 11, 2023 /ExpertClick/ - Integrating supply chain technology, addressing supply chain talent scarcity, and unifying end-to-end port platforms are the biggest challenges for companies today, according to the Supply Chain Special Interest Group of The Society for the Advancement of Consulting® (SAC). Successful companies are adapting by [...]
As has been all over the news, the Chinese sent a spy balloon which floated across the U.S. for about a week. According to US senior military officials, it is confirmed that the balloon is tied to a major surveillance program run by China's military. It has politicians and citizens up-in-arms about the potential impacts, and it bolsters concerns about China.
In the last few weeks, I've participated in three different economic events, talked with trusted advisors and seen what clients are experiencing. From banks to economists to executives, differing views emerge. But, what is the bottom line?
Since I was preparing for a meeting related to healthcare supply chains, I dug deep into the topic and thought it would be valuable to share the findings. In reviewing baby Tylenol /Motrin to adult diapers to medtech and pharmaceticals, supply chain disruptions have eased in some areas but [...]
According to the The Journal of Commerce, the West Coast ports are losing volume. The West Coast share of imports coming from Asia is down from 61.1% in 2021 to 58.8% in 2022 while the East Coast and Gulf Coast ports rose. According to the JOC, the ILWU contract negotiations are causing this change although there are concerns about drayage and rail as well.
According to the Wall Street Journal, supply chains are back to normal. We do NOT agree. Using a take-off from Monty Python, supply chain disruption is not dead yet.
Snarled supply chains throughout 2021 had industry hoping 2022 would be smoother, yet analysts said it would last into 2023 or longer. Lisa Anderson offers her insights about how 2023 is looking.
House Speaker Nancy Pelosi said she's putting everything on track for an early vote to quickly send the bill to the Senate and have the legislation approved before the Dec. 9 rail strike deadline.
