Economy

When a recession hits, customers can reduce your revenues and stop your outbound flow of products faster than you can trim expenses and stop your inbound flow of raw materials. Working capital will be stressed as your materials pipeline backs up and profits will take a hit as costs overshoot revenues. This framework gives supply chain managers six simple ways to prepare for downturn before it happens—and to respond constructively when the economic slump arrives.

Intelligent workflows challenge siloed processes, uncovering efficiencies across a network of processes and partners.

Partnership brings together full strength of U.S. business and manufacturing communities.

The partnership between the engineering industry and America’s public health and emergency management agencies is critical to help the nation navigate successfully through this new challenge.

Software vendors advised to prepare for a tough year where very little new business will be won, especially for software companies selling into industries like non-food retail, insurance, travel and tourism, and real estate.

January 2020 shipments decreased by 14% when compared to January 2019 billed sales.

New orders in 2019 were $448 million more than 2018, representing an increase of 2.8%.

Clients to benefit from addition of specialized supply chain and business intelligence capabilities which help to lower operational costs and improve performance.

Accelerating transition to digital economy contributes to three-year 404% growth in KNAPP's business.

Trade, innovation, elections and wild cards promise an eventful year for equipment investments.

November 2019 booked orders decreased 10.6% when compared to November 2018 orders.

Consumers expect free shipping and a 20% reduction in expected delivery time during the holiday season. In 2018, consumers were willing to wait 3.9 days on average – today the expectation is an average of 3.1 days.

Equipment and software investment likely to post weakest year of growth since 2016 following the first annualized contraction in more than three years in Q3.

October 2019 billed sales down 18.6% compared to October 2018 sales.

A comprehensive review of worker activity, safety and attitude is an important element to optimizing labor value and surviving an economic downturn.