Articles by tag: Supply Chain Challenges
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As Congress Seeks Feedback on IoT Adoption, IoT Experts Should Seek Opportunities for Cross-Discipline Collaboration
In August 2023, the National Institute of Standards of Technology (NIST) put out a request for comments on the Preliminary Update from the Internet of Things Federal Working Group (IoTFWG), which aims to provide the nation direction on how to improve IoT adoption and expand its use cases for the future of industrial, corporate, […]
Returns Cost Retailers Billions. Making Them Even Easier for Customers Will Turn Returns into Revenue.
Recently, fashion retailer H&M began charging its UK customers a small fee for returning online purchases in-store — and then hurriedly backtracked on this strategy. Meanwhile, the National Retail Federation found that returns resulted in $816 billion in lost sales for retailers in the United States last year. It should be no surprise, then, […]
Breaking Conventional Boundaries: A Dive into Modern Workspace Innovation with Workspace48’s Craig McPhail
The conversation around modern workspace innovation has recently become more pertinent as organizations seek to adapt to new-age working conditions, accelerated by the global pandemic. Challenging the conventional workspace models pave the way for more flexible, efficient, and technologically driven solutions. According to a survey by the Pew Research Center, about 54% of adults […]
Beyond the Concept: Managing the Risk of Using Out-of-Date Parts and Products in a Facility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, […]
Revving Up Amidst Challenges: The Secret Behind Walbro’s Performance in 2021
The European equipment distribution landscape is undergoing an incredible transformation. At the forefront of this change is Walbro, a company that has boldly embraced the challenges of a shifting market. Under the leadership of Christopher Quick, President of Walbro Aftermarket Products Group, the company has displayed resilience and innovation in the face of […]
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 […]