Tech Companies Need Transparency in ESG Reporting

Ever since the U.S Securities and Exchange Commission (SEC) proposed rules governing climate-related disclosures from all public companies on March 21, environmental, social, and governance (ESG) reporting has become a necessary part for technology company corporate boards to address, especially in today’s environmentally and socially conscious world. Whether it’s understanding how the technology company is…

Necessity is the Mother of Collaboration

The cacophony always gets louder when supplies are disrupted: Supply chain partners must collaborate! Yet the “importance” (i.e., order volume) of a supplier or customer often dictates the allocation of constrained resources. Still, necessity is pushing the supply chain toward better collaboration, said Alex Saric, CMO of Ivalua, developer of spend-management platforms. The call for…

Tech Companies Thrive Despite Shortages

Tech giants Apple, Samsung and Intel reported record revenues this past week. Other companies, such as Lam Research, weren’t so fortunate, reporting lower–than–expected numbers and dwindling sales. But if there’s one thing these companies can agree on, it’s that supply chain disruptions are here to stay. On Thursday, Samsung reported an all–time quarterly high with…

Manufacturers’ Capex & Revenue to Expand in 2022

Although U.S. manufacturers are expecting a rise in revenue and capital expenditures in 2022, supply chain constraints will get worse, according to supply managers surveyed by the Institute for Supply Management. Employment is expected to improve but at a higher cost – 73 percent of respondents expect labor and benefit costs to grow by an…

Midsized Manufacturers Expect to Outpace Market

Financial executives of small and mid-sized U.S. manufacturing businesses are optimistic about their growth prospects for 2016, according to research from the buying consortium PrimeAdvantage. At the same time, CFO confidence in the U.S. economy has fallen from last year with slightly more than half of executives – 54 percent — expressing optimism. This is…