Tag: supply chain

Imaging Contrast Dye Shortage Delays Tests for Diseases

Doctors cannot seem to pinpoint what is wrong with Michael Quintos. Mr. Quintos, 53, a Chicago resident, has constant stomach pain. He has been hospitalized, and his doctors have tried everything including antibiotics, antacids, even removing his appendix. “I still don’t feel good,” Mr. Quintos said. His doctors recommend using a CT scan with contrast, […]

Read More

F.D.A. Chief Details ‘Shocking’ Conditions at Baby Formula Plant

The Abbott Nutrition plant in Michigan that was shut down in February, sparking a widespread baby formula shortage crisis, had a leaking roof, water pooled on the floor and cracks in key production equipment that allowed bacteria to get in and persist, Dr. Robert Califf, the head of the Food and Drug Administration, told a […]

Read More

What you need to know about managing the modern supply chain

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! You can’t plan for what you can’t predict. A huge container ship blocks the Suez Canal, disrupting global trade for several days. A global […]

Read More

Average Age of U.S. Light Vehicles Older Than Ever

<img data-attachment-id="1792754" data-permalink="https://www.thetruthaboutcars.com/2022/05/average-age-of-u-s-light-vehicles-older-than-ever/losangelesdec26th2020dmvcaliforniaregistrationtags2022/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050.jpg" data-orig-size="1000,750" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"Shutterstock","camera":"","caption":"","created_timestamp":"0","copyright":"Copyright (c) 2021 Alex Millauer\/Shutterstock. No use without permission.","focal_length":"0","iso":"0","shutter_speed":"0","title":"Los,Angeles,,Dec,26th,,2020:,Dmv,California,Registration,Tags,2022,","orientation":"1"}" data-image-title="Los,Angeles,,Dec,26th,,2020:,Dmv,California,Registration,Tags,2022," data-image-description=" Alex Millauer/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050-450×338.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050-610×458.jpg” class=”aligncenter size-large wp-image-1792754″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050-610×458.jpg” alt width=”610″ height=”458″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050-610×458.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050-75×56.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050-450×338.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050-768×576.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050-120×90.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050-800×600.jpg 800w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/05/shutterstock_1899686050.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> S&P Global Mobility has reported that the average […]

Read More

In South Korea, Joe Biden Seeks to Rebuild Economic Ties Across Asia

PYEONGTAEK, South Korea — President Biden began his first diplomatic mission in Asia on Friday by touring a Samsung semiconductor facility in South Korea, part of his effort to strengthen the waning economic influence of the United States in the region and to address supply chain problems that have hurt American consumers back home. Shortly […]

Read More

Japan’s Economy Shrank 1 Percent as Consumers Fled Covid

TOKYO — Last December, after two years of stop-and-go growth, Japan’s economic engine seemed like it might finally be revving up. Covid cases were practically nonexistent. Consumers were back on the town, shopping, eating out, traveling. The year 2021 ended on a high note, with the country’s economy expanding on an annual basis for the […]

Read More

F.D.A. and Abbott Reach Agreement on Baby Formula to Try to Ease Shortage

The Food and Drug Administration on Monday reached an agreement with Abbott Laboratories on the steps needed to reopen the company’s shuttered baby formula plant, which could begin to ease the shortage of infant formula that has frightened and exasperated parents nationwide. The F.D.A. must still grant approval, once the company has taken the steps, […]

Read More

Bernanke’s Economic Warning

C.E.O. pay packages rise to record levels. The median pay package for C.E.O.s of the biggest U.S. companies reached nearly $15 million last year, setting a record for the sixth consecutive year. Total compensation rose at least 12 percent for most executives, according to a Wall Street Journal analysis of data from MyLogIQ LLC. Saudi […]

Read More

Babies Need Nutrition. Don’t Play Politics With the Formula Shortage.

We’ve been here before. In 2020, I spoke with parents in similar straits, when panic buying emptied shelves of formula, diapers and wipes. Those who were recipients of the Special Supplemental Nutrition Program for Women, Infants and Children, often called WIC, had the most trouble finding what they needed, because each state program sets different […]

Read More

China Is the Next Worry as Food Prices Soar

PINGGU, China — From village to village, the wheat crops in China have been inconsistent this season. One field on the flat plains east of Beijing was patchy, with knee-high emerald stalks in some spots while almost bald elsewhere, damaged by the torrential rains of last autumn. The next village over, a luxurious wheat crop […]

Read More

How using supply chain data can lead to better decision-making

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! A convergence of anomalous global events has made the age-old goal of reducing overall business costs simultaneously exceedingly challenging and more critical than ever. […]

Read More

China’s Covid Policies Have European Companies Wary of Investing

A business group warned on Thursday that China’s “dynamic zero Covid” policies have left European companies considerably less willing to continue investing in the country. A survey by the European Union Chamber of Commerce in China found that the tone among European businesses in the country had soured since January, when a survey found broad […]

Read More

American Importers Accuse Shipping Giants of Profiteering

“When you say, ‘What’s fair?,’ you have to ask a fundamental question,” said John Butler, president of the World Shipping Council, an industry association in Washington. “Do you trust the market, or do you only trust the market when it’s a buyer’s market?” Understand the Supply Chain Crisis But American importers — especially small and […]

Read More

Fortifying Global Supply Chains Against Sanctions and Stresses

It took decades to build today’s complex world of interdependence. It’s a world of global supply chains linked by technology and delivered by connected modalities of land, sea and air transportation. We have exquisitely-tuned distribution and replenishment models. Or so it seems. Now, unfortunately, the work of those decades of painstaking, layer-by-layer construction can be […]

Read More

The Era of Cheap and Plenty May Be Ending

Ford Motor, which has grappled with pandemic supply chain issues, is working on making its own batteries — including in America. “In the medium and long term, securing raw materials, processing, precursor and refinement and setting up battery production here in the U.S. and around the world is a big work statement for us,” Jim […]

Read More

Report: 51% of supply chain leaders will sacrifice profit to improve sustainability outcomes

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! According to the results of a new study on supply chain resiliency conducted by IBM and process mining company, Celonis, 51% of supply chain […]

Read More

Stocks drop 2.8%, led lower by tech, as April’s slump continues.

Stocks slid on Tuesday, adding to a losing streak that has April shaping up to be Wall Street’s worst month in two years. The S&P 500 fell 2.8 percent, bringing its losses for the month to 7.8 percent. The index is on track for its worst monthly decline since March 2020, when stocks plunged 12.5 […]

Read More

Report: Nissan Z Delayed Until Summer

Nissan has delayed its planned successor to the 370Z , citing the now-familiar “unforeseen supply chain issues.” Originally planned for a spring launch, the next Fairlady Z won’t be having her coming-out-party until this summer.  The news came via Car and Driver after the company told the Japanese market it would be forced to postpone the […]

Read More

What’s Fueling the Global Food Crisis?

As anyone who drives is aware, gasoline prices are up a lot from their 2020 low. First, global economic recovery drove up oil demand, then Vladimir Putin’s invasion of Ukraine cut into Russian oil exports. But prices both at the pump and at the wellhead have stabilized, at least for now. By historical standards, real […]

Read More

GM Asks Suppliers to Sign Environmental Pledge, ESG Scoring

<img data-attachment-id="1788718" data-permalink="https://www.thetruthaboutcars.com/2022/03/gm-china-has-employees-living-inside-factories/detroitmay102021generalmotorsbuildingg-m-headquartersrenaissance/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"Shutterstock","camera":"","caption":"","created_timestamp":"0","copyright":"Copyright (c) 2021 Linda Parton\/Shutterstock. No use without permission.","focal_length":"0","iso":"0","shutter_speed":"0","title":"Detroit,May,10,,2021:,General,Motors,Building,,G.m.,Headquarters,,Renaissance","orientation":"1"}" data-image-title="Detroit,May,10,,2021:, General Motors Headquarters, Renaissance Center, GM HQ" data-image-description=" Linda Parton/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007-610×407.jpg” class=”aligncenter size-large wp-image-1788718″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2022/03/shutterstock_2030824007.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> On Monday, General […]

Read More

Technology stocks lead Wall Street lower as April slump continues.

Kevin Hart is the latest entertainment entrepreneur to tap the gusher of cash from private-equity firms spreading across Hollywood.Credit…Ike Edeani for The New York Times By Benjamin Mullin Kevin Hart has heard the doomsaying about the streaming industry that has rattled Hollywood since Netflix reported last week that it had lost subscribers in recent months. […]

Read More

18 ways supply chain digital twins streamline logistics

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Digital twins have become increasingly invaluable for enterprises to improve their supply chain planning. Whereas many digital twins simulate products or buildings, supply chain […]

Read More

The secret to achieving sustainability in the supply chain

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! As a business, operating as sustainably as you can has never been more important. There is huge pressure on companies to be as green […]

Read More

Tesla’s Profits Jumped in the First Quarter but Challenges Loom

Tesla said on Wednesday that it made a $3.3 billion profit in the first three months of the year, up from $438 million a year earlier and the biggest quarterly profit since the company’s creation. But Tesla also said it expected its factories to run below capacity for the rest of 2022. The electric carmaker […]

Read More

World Economic Outlook Dims as War and Pandemic Cast a Pall

WASHINGTON — The world economy has entered a period of intense uncertainty as a capricious pandemic and the fallout from Russia’s war in Ukraine are fueling inflation and weighing on an already fragile global recovery. These colliding challenges are confronting policymakers and central bankers in the United States and Europe as they seek to bring […]

Read More

China’s Economic Data Hints at Cost of Zero Covid Strategy

BEIJING — Faced with its worst Covid-19 outbreak yet, China has been enforcing an expanding number of mass quarantines, strict lockdowns and border controls. The measures may yet work, but official data released on Monday show they are exacting a grim toll on the world’s second-largest economy. China’s economy expanded 4.8 percent in the first […]

Read More

How Rising Mortgage Rates Are Affecting the Housing Market

This makes it a good time to be a seller — assuming you don’t need to buy. Christopher J. Waller, a governor at the Fed, is living this out. “I sold my house yesterday in St. Louis to an all-cash buyer, no inspection,” Mr. Waller said in panel discussion on Monday. “But I’m trying to […]

Read More

Construction Defects Emerge at Pandemic-Era New Developments

“I don’t accept the excuse of the pandemic,” said Will Hodges, a 31-year-old software developer who bought a two-bedroom apartment at Hero in early 2021 for $100,000 below the asking price — a discount of about 8 percent, not including partial coverage of his closings costs. He said he thought the discount was in line […]

Read More

Supply Chain Hurdles Will Outlast Covid Pandemic, White House Says

The coronavirus pandemic and its ripple effects have snarled supply chains around the world, contributing to shipping backlogs, product shortages and the fastest inflation in decades. But in a report released Thursday, White House economists argue that while the pandemic exposed vulnerabilities in the supply chain, it didn’t create them — and they warned that […]

Read More

The Case for Aggressively Raising Interest Rates

The debate over whether the recent surge in inflation is transitory or permanent has been settled. Now the question is whether the Federal Reserve can tame increasing inflationary turbulence and bring the economy to a soft touchdown. Mounting evidence suggests a hard landing — in other words, a recession. We need our economic policymakers to […]

Read More