Companies in big cities need to rebrand because remote work is here to stay
The optics around many large companies that have towering skyscrapers in big cities like Manhattan used to brand themselves to prospective employees as an option to work at while still enjoying “city life.”
40% of Amazon suppliers exposed to have wage issues by company-sponsored audit
The number is better than the reported 47% of Amazon suppliers with wage issues found in 2021’s audit, but it’s still… not great.
The import slowdown was caused by inflation: will it pick back up?
The Covid-19 pandemic caused an import surge that flooded the supply chain with too much product for months - but inflation seemed to have the opposite effect.
Investors are setting their sights on the supply chain industry
Since the beginning of 2022, the supply chain sector of the economy has been involved in 53 private equity interest infusion deals.
Actually yes, 87,000 new IRS agents are likely to audit you
Regardless of what the Biden Administration says to quell frustration, the fact of the matter is that 87,000 new IRS agents are more than three times what would be needed to audit households that make over $1 million.
National average cost of gasoline sits at $3.99, lowest since March
Americans have been struggling with rising gas prices since early this year, but finally, they’ve seen the smallest bit of relief.
Procurement professionals swerve inflation pressures by getting creative
July inflation remained high at 8.5%, and procurement professionals are trying to find new ways to deal with all the pressure.
Tyson Foods expands prepared foods facility in Illinois
The price tag on the expansion? $180 million.
Ford Motor CEO warns electric battery components will remain expensive
Ford Motor CEO Jim Farley has made it clear to reporters that the company does not expect the cost of raw materials needed to develop electric batteries will drop anytime soon.
Millennials & Gen Z need mentorship, not lectures
Growing concern about work-life balance has left many choosing to put their personal lives over work after the Covid-19 pandemic derailed the lives of so many - particularly the newer generations of workers.
Air freight rates beginning to drop from staggering highs
According to data from Clive Data Services, constant issues plaguing world trade have caused air freight rates to droop from their recent historic highs.
Arizona’s desert becoming the next logistics hub for warehouses
Arizona’s Loop 303 area is likely the fastest-growing logistics warehouse hub in the country.
National diesel average declines, providing slightly more relief at the pump
For the week of August 8th, the Department of Energy’s Energy Information Administration (EIA) recorded a national diesel average cost per gallon of $4.993.
Apple asked Taiwan-based suppliers to re-label products as “Made In China”
Apple has raised an eyebrow or two after asking its Taiwan-based suppliers to begin labeling their products as “Made in China”.
Retail inventory management practices need fine-tuning
It’s no secret that retailers have been stockpiling huge amounts of goods to meet the growing consumer demand - but that story has been rapidly changing.
Warehouse worker satisfaction should be a manager’s priority
Don’t neglect the warehouse workers - your company’s productivity does depend on their satisfaction.
Technician training is paramount for service industry success
An often overlooked asset to a service provider company is the training and value of its repair personnel.
Global smartphone shipments down 9%
During Q2, global shipments of smartphones tumbled 9% after its brief recovery from a pandemic slump.
Maersk loaded 7.4% fewer containers onto ships last quarter
Maersk, the Danish shipping and logistics company and one of the leading figureheads in the maritime industry is warning that it has loaded 7.4% fewer containers onto ships in Q2.
With a strong jobs market, U.S. economy hangs on by a thread
The American job market continues to perplex experts.
