BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® The year 2023 was one of twists and turns. There were significant tech layoffs, a banking crisis, slowing inflation, Fed rate hikes, elevated geopolitical risks and AI obsession. While some of these events were fortunate breakthroughs, a few took the world by surprise in not-so-welcome ways. This naturally leads ...
Read More »
The persistent labor shortage is forcing many companies to accelerate the automation of their manufacturing plants, warehouses and distribution centers. This past spring, ABB and Guidance Automation each surveyed executives in the supply chain industry to see how they’re using technology to address manpower issues. Here are some key findings: AUTOMATION TRENDS IN THE LABOR MARKET 62% Respondents who expect ...
Read More »
Economic Market Analysis BY JASON SCHENKER, PRESTIGE ECONOMICS The economic and financial market landscape has shifted sharply in the past year. In the fall of 2021, there were many reasons for economic optimism in 2022, even with anticipated high inflation and Fed rate hikes. Looking ahead to 2023, the outlook is less positive. The year 2022 has been generally good ...
Read More »
MHI Solutions Improving Supply Chain Performance