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Market volatility has eased somewhat relative to levels seen in the past three years, but the operational demands and customer expectations from an acceleration of omnichannel e-commerce – now around 20% of retail shipments and growing at ~10% annually – are here to stay.

The Chinese auto industry is also trending down after carmakers were forced to delay the delivery of some vehicles due to a production issue with computing units made by Huawei.

The jobs reduction will save $1 billion this year, said CEO Carol Tomé during an earnings conference call with analysts January 30.

P.S. Subramaniam, a partner in the Strategic Operations and Performance practice of Kearney, explains how electronics manufacturers went from having too few materials and components on hand to too many in a very short time — and how they can do a better job of planning in the future.

As they grow ever more complex, modern supply chains require comprehensive lifecycle orchestration.

The American car manufacturing giant said that it would be cutting back production at its Michigan Rouge Electric Vehicle Center to just one shift starting April 1, 2024.

The Cameron LNG export plant in Louisiana canceled at least one scheduled shipment while other deliveries from Cameron and Cheniere Energy’s Corpus Christi facility in Texas were also delayed

Erin Fox, the associate chief pharmacy officer at the University of Utah, claimed that the most recent drug shortages in the U.S. are the “worst” in a decade.

Oil markets are set to remain in deficit through to the end of 2025 unless Saudi Arabia and its allies boost output significantly.