While it’s unlikely to disturb this year’s projected economic growth, the Suez Canal blockage is yet another wake-up call to prioritize supply chain resilience.
Procurement and the Labor Market in 2021
Procurement professionals and hiring managers who closely follow trends in the labor market will be better equipped to contend with the growing deployment of a temporary workforce, increasing costs of attrition, mounting shortages of skilled labor and worsening labor market inequality.
When the Chips are Down: A Shortage of Semiconductors in the Auto Industry
A worldwide semiconductor shortage is plaguing the automotive industry.
Strategies for Strengthening COVID-19-Era Supply Chains
Problems continue piling up at ports, signaling that businesses should expect supply chain disruptions for many months to come.
Surging Shipping: Transportation Market Instability Spurs Rate Increases
Carriers have excelled in keeping pace with ever-changing realities during the pandemic, but not without costs to shippers and consumers.
MRO Markets are Looking Past the Pandemic
Heading into 2021, a number of trends are poised to disrupt business as usual in MRO markets, making it all the more pertinent to consider how MRO procurement strategies can adapt to shifting market norms.
Biden Is Proposing a Revolution in Procurement
President-elect Biden has proposed a cascade of changes to procurement practices in the United States, which would be the greatest mobilization of investments in procurement, infrastructure and research and development since World War II.
Solving the Warehouse Staffing Crisis
Surging e-commerce sales are driving record gains in warehouse employment, a trend that will only intensify heading into the holiday season. ProcurementIQ outlines strategies to mitigate the labor shortage risks that are poised to emerge.
Coming up Short? Managing Skilled Labor Shortages
ProcurementIQ breaks down the key factors exacerbating the skilled labor shortage and highlights strategies firms can employ to bolster their labor force and get affected supply chains back on track.
Merge Ahead: Three Markets to Watch for Consolidation
Years of economic prosperity ended with the COVID-19 pandemic. Read up on how M&A has shifted during this unique recession.
AI Brings Remote Learning Close to Home
Five EdTech platforms meeting education’s challenges face-to-face.
Supply Chain Lessons Learned from the Coronavirus
Years of solely focusing on efficiency left supply chains brittle. Here’s what we can learn from their breakdown.
The Coronavirus & Unemployment: A Look at the Ailing Economy
Unprecedented growth in unemployment has rocked the economy. ProcurementIQ examines which sectors are most impacted and how some businesses are rising to the challenge.
Oil & Gas Spotlight: The Oil Price War & Coronavirus Spell Double Trouble
Oil prices are historically a bellwether for the economy and right now, it’s looking like a winding path ahead.
Coronavirus Spurs Healthy Demand for These Eight Markets
Though a recession is underway, these eight markets are seeing surging demand in the wake of COVID-19 (coronavirus).