Author: Procurement-Newz
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Part and parcel of the problem: why tier 1 supplier logistics will face a squeeze | Article
[ad_1] By Daniel Harrison, Christopher Ludwig2020-01-24T06:23:00 As OEMs and automotive parts suppliers see their margins decline, cost pressures are going to increase on logistics operations and service providers further down the supply chain As the automotive industry continues to see vehicle volumes contract and pressure on costs rising, a further squeeze is likely for…
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Artificial intelligence works its way into supply chains
[ad_1] Adding artificial intelligence to supply chains is delivering tangible benefits for companies putting it in place. Recent research out of McKinsey finds 61% of executives report decreased costs and 53% report increased revenues as a direct result of introducing artificial intelligence into their supply chains. More than one-third report a revenue bounce exceeding five percent.…
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A solution to the inventory problem? Housing starts are expected to rise this year
[ad_1] Economics has long been dubbed “the dismal science.” But the economists at Capital Economics are showing some optimism for single-family housing starts in 2020. Their latest report predicts single-family housing starts to average around 1 million annualized this year. “There are encouraging signs that the cost and availability of materials, lots and labor are…