For manufacturers that fretted over component shortages in 2021 and 2022, the current inventory glut is reminding them of that unsettling maxim: Be careful what you wish for.
Forty-four percent of healthcare organizations are using AI to improve customer experiences while another 35% use this technology to forecast consumer demands.
The strategy was launched by the Minister for Industry and Economic Security, Nusrat Ghani, during a visit to Heathrow Airport in London, the U.K.’s largest import hub.
Workers at 12 Anheuser-Busch factories across the U.S. are seeking a significant wage increase, greater job security and improved retirement options and benefits.
The California-based oil giant is working with naval authorities in the U.S. and Middle East to move its cargoes through the region, said CEO Mike Wirth.
Unmonitored supply chains, underlying inventory assets, a host of third parties, and frequent transactions make the manufacturing and retail industries a sweet spot for procurement and inventory fraud schemes.
The survey showed that 53% of organizations are investing in resources to develop and maintain programs that prepare a company for significant supply chain disruptions.
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