manufacturing, U.S., Factory

U.S. Manufacturing Closes 2020 on a High Note

U.S. manufacturing activity in December surged to its highest level in more than two years despite supply chain disruptions and Covid-19-related employment constraints. The Institute for Supply Management’s purchasing index, the PMI, reached 60.7 last month, an increase of 3.2 percent from its November reading. Any reading above 50 indicates manufacturing expansion. The tech industry…

5 Post-Covid Changes Supply Execs Should Expect

The supply chain is the backbone of modern business, and it faces some unprecedented changes these days. Supply chain managers have faced an unusually extreme set of challenges amid Covid-19. These difficulties will transform the industry as the pandemic continues and eventually subsides. These ongoing changes will be beneficial, ultimately leading to more resilient supply…

Selecting The Right Procurement Software

The global market for digital procurement software is growing extraordinarily fast—nearly twice as fast as the overall software market according to one Forrester report. This news is certainly remarkable, but it is far from surprising. Digital solutions leveraging big data analytics and AI-powered automations have enabled teams to streamline workflows, increase savings, lower costs, improve…