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We stated that procurement and supply management leaders will be expected to lead in supply resiliency efforts across product and business areas. In that same year, economists at Goldman Sachs indicated that supply chain resilience was now a top-of-mind topic for manufacturers and retailers. In 2022, more U.S. In 2022, more U.S.
After a three-day stoppage of rail operations impacting transcontinental shipments of key commodities and manufactured goods, the Canadian Pacific Railway and the Teamsters Canada Rail Conference have reached a settlement calling for final and binding arbitration of differences. East Coast Ports the Likely Next Test.
The order calls for the Canada Industrial Relations Board , a termed independent body, to impose binding arbitration on both Canadian National (CN) and Canadian Pacific KansasCity (CPKC) and the Teamsters Canada Rail Conference. Both railways were ordered to resume operations while the arbitration process initiates.
The Looming Great Allocation In conjunction with the Jackson Hole Symposium held last week and organized by The Federal Reserve Bank of KansasCity , a research paper titled: Global Supply Chains: The Looming “Great Reallocation ” was released.
In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. based manufacturers will still need a strong supply base from friendly countries.
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