Articles by tag: Supply Chain Challenges
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Clean Energy Sets $1.1 Trillion Record That’s Bound to Be Broken
(Bloomberg) — Last year was a double milestone for decarbonizing the world’s energy system. It was the first year when investment in the energy transition equaled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. The money flowing into the upstream, midstream and downstream segments of oil and gas, and […]
American Airlines Sees Profit Above Estimates on Steady Demand
(Bloomberg) — American Airlines Group Inc. expects profit this year to exceed estimates following a slow start, as steady demand for air travel keeps an industry recovery going into 2023. Full-year adjusted earnings will be $2.50 to $3.50 a share, the Fort Worth, Texas-based carrier said in a statement Thursday that also detailed fourth-quarter results. […]
Chipotle Seeks to Hire 15,000 Workers Amid Tech Layoffs
(Bloomberg) — Chipotle Mexican Grill Inc. is adding 15,000 jobs across its North American locations — a sign that demand for restaurant food is robust despite high inflation and economic uncertainty. The burrito chain’s hiring push is meant to ensure its more than 3,000 US restaurants are fully staffed for the company’s busiest season, which […]
Beyond the Concept: Managing the Risk of Using Out-of-Date Parts and Products in a Facility
Facilities can ill afford to have equipment go down with today’s supply chain challenges. Lost hours could quickly become lost days if a replacement is unavailable. Sam Cafferata, Principal Engineer at Concept Systems, spoke with Tyler Kern about this all-too-real issue and what facilities can do to ensure their equipment is up-to-date and in good […]
Supply Chain Strategy
Supply chains have been a key topic of conversation over the last few years. As huge disruptions occurred, it became a focus in the news and content all around the world. Companies will need new, adaptable strategies when determining future business processes. Discussing best practices for those, “On Time in Full” Host Tyler Kern […]
Biden to Meet With CEOs of Walmart, CVS on Holiday Supply-Chain Issues
(Bloomberg) — President Joe Biden plans to meet Monday with the CEOs of Walmart Inc, CVS Health Corp and other retailers as part of his efforts to tackle supply chain bottlenecks and inflation ahead of Christmas. The session, which coincides with this weekend’s start to the holiday shopping season, will include executives from the grocery, […]
Supply Chain Issues Leading To Price Hikes
Key Points: A lot of issues in the supply chain can be attributed to an increase in demand that can’t be met, leading to longer wait times and price hikes. The supply chain is struggling to adapt to higher labor costs, slowing down production. Workers long term should be able to adjust over time […]
Will Consumers Be Seeing Higher Prices as the Result of the Tightened Supply Chain?
Key Points: Consumers are going to see many more price increases by other producers as long as supply chain issues continue. Companies are trying to to figure out if these issues are temporary or if they’re the new normal. The biggest problem in the supply chain process is tension between companies hesitant to adapt […]
How One Company Has Faced the Global Supply Chain Challenges Head On
Oftentimes, we take our online orders and deliveries for granted. We expect the 2 day shipping because it has grown more common and been very predictable. We’ve grown accustom to a well run supply chain without even thinking about it, but when the entire world goes through an event that completely shifts consumer behaviors […]