Opinion: Inflation Speeds to 40-Year High
U.S. inflation reached a 40-year high in January, rising to a 7.5% annual rate. Prices rose sharply for food, vehicles, shelter and electricity. Businesses are scrambling to keep up with rising material and…
U.S. inflation reached a 40-year high in January, rising to a 7.5% annual rate. Prices rose sharply for food, vehicles, shelter and electricity. Businesses are scrambling to keep up with rising material and…
Supply chain snarls continue to limit availability of new inventory. Retailers are responding by getting returned items on-sale faster, particularly as e-Commerce increases the percent of returned items. Companies are investing in multiple…
AMERICAN EAGLE OUTFITTERS INC. (AEO) acquired Quiet Logistics for $350 MM in November. This was their second logistics-related purchase in 2021 as retailers struggle to get goods to stores. Quiet Logistics has 8…
Companies are wrestling with how big their inventory should be. Many firms got stuck with too much inventory when COVID hit demand. Many firms are short of stock now due to rising demand…
Strong robot sales in 3Q21 brought total YTD orders to 29,000 units and $1.48B, record numbers for the North American robotics market according to the Association for Advanced Manufacturing. Labor shortages are driving…
Bottlenecks and strong demand have rekindled inflation. Based on the November CPI, price increases for new cars, men’s apparel and furniture hit record levels. But assuming supply-demand imbalances will continue, and then they…
Growing on-line purchases and labor shortages are forcing pharma to rethink distribution. Some manufacturers want to move distribution in-house, automate tasks like pallet handling, and move to automated storage/retrieval systems, automatic guided vehicles…
EY surveyed 305 CEOs to reveal perspectives on the future enterprise. Thriving companies are building for the future and increasing transformation spend; surviving companies are protecting what they have. While many companies raised…
With global trade slowed and bad weather increasing, businesses are rethinking the status quo in favor of reliability, even if it costs more. Some are moving production closer to home, buying suppliers or…
Using drones for retail deliveries is within reach. Walmart recently invested in DroneUp, the nationwide on-demand drone delivery provider, to continue growing their drone delivery capability. Walmart partnered with DroneUp last year for…