Optimizing inventory, like most problem-solving, requires a thoughtful process and a few steps. Naturally, the easiest way to prevent back orders is to always have a lot of inventory on hand. There are ramifications for not optimizing inventory, though.

With the effects of pollution and climate change more visible than ever before, it’s clear that changes are needed to minimize mankind’s impact on the environment and protect the planet for future generations.

Economic practices need to change. The environmental and social consequences of unsustainable growth strategies are becoming increasingly obvious.

A major focus of the current administration is revitalizing American manufacturing as new technologies are changing the way things are made.

The World Economic Forum’s annual meeting last month saw the launch of new guidance to support the logistics industry on its journey to net-zero emissions.

The year ahead is already shaping up to be a hard one for semiconductor businesses. Famously defined by cycles of soaring and dwindling demand, the chip industry was expected to see declining growth in 2022 as the demand for consumer electronics plateaus.

During the early 2000s, I was a recent software engineering graduate. Along with a friend and fellow graduate, I landed some project work with a major pharmaceutical company. The CEO, who had just signed up to the U.N.

Two years later, the perfect storm of pandemic-related disruptions is still a major source of irritation for manufacturers. Those disruptions have been major contributors to the inflation we are now experiencing worldwide.

In the age of mass production, the demand for customization is increasing. Customers prefer products catered to their individual needs and preferences over standard items—albeit at a cost.

In 2010 a medical device scandal in France set the stage for a new European Union medical device regulation that, according to most experts in the medical device community, may cause more damage than the problem it was intended to address.