Oracle's newly launched update for its Oracle Fusion Cloud Application Suite will help customers with supply chain planning, operational efficiency and financial accuracy.

The report also found that global transportation costs have fallen below their long-term average thanks to lessening pressures on shipping, rail, air and road freight. 

Late payments also add to the financial pressures impacting suppliers, with 42% saying they expect to face increased borrowing costs over the next 12 months.

The Authorization would allow workers to withdraw their services from the company when permitted by the National Mediation Board.

The United States Commerce Department added five Chinese companies that deal with Russia to its “entity list” April 12.

The future of EDI involves migrating in the same direction as other business technologies — toward cloud-based interoperable networks.

It is clear that under these circumstances, where demand is volatile, supply uncertain, and capacity short, manufacturing needs to adopt a digital supply chain twin to obtain resilience and an end-to-end visibility across your supply chain to make the right decisions. But where do you begin?

Supply chain businesses operate on thin margins and sustained cost pressures, bottlenecks, and transportation labor issues can significantly chip away at profits. The solution is to drive further efficiencies and squeeze more benefits from existing supply chain operations year after year. 

A staggering 93% of chemical companies claim freight transportation and supply chain disruptions have affected them negatively.

Kearney’s “10th Annual Reshoring Index Report” showed 96% of CEOs are considering reshoring operations, have decided to reshore operations, or have already reshored operations in 2023.