CAPS News - 20 September 2023
Is Just-In-Time (JIT) Still The Preferred Process?
The adoption of lean operations thinking and Just-in-Time (JIT) philosophy by many firms has led to increased efficiency in procurement and supply chain operations. However, these strategies can be vulnerable during major disruptions. In this new report, researchers examined the viability of JIT systems during major disruptions and ways to improve inventory effectiveness.
[Download the report in the CAPS Library]
Sourcing and Procurement Employee Turnover
Get a glimpse into voluntary turnover rates among supply management employees in this new quick poll report. In the last 12 months, 20% of respondents had 10% or more of their supply management employees voluntarily leave.
[Download the report in the CAPS Library]
Inventory and Warehouse Management Performance
For companies that track inventory and warehouse management performance, 71% use Inventory Accuracy Rate and 67% use Inventory Turnover rate.
[Download the report in the CAPS Library]
Fed Expected to Pause Rate Hikes
Officials are currently weighing another rate hike for the month of September. Recent economic indicators suggest a cooling in the economy will likely mean a pause in rate hikes.
[Read more with Reuters]
Emission Disclosures Bill Passed in California
California has passed a groundbreaking bill mandating companies operating in the state, with total revenue over $1 billion, to publicly report their greenhouse gas emissions.
[Read more with The Verge]
Can Policy Keep Up With AI?
AI’s rapid development has caused some to question if governmental regulations can catch up to AI’s current abilities and what those policies should look like. Learn more as three ASU experts weigh in on this discussion.
[Read more with AZBigMedia]
Battery Powered Autonomous Rail Vehicle Being Tested
Autonomous rail vehicles were recently unveiled and will begin a pilot program in the U.S. and abroad. Tapping into the largely unoccupied railway helps address the truck driver shortage and eliminate emissions.
[Read more with FreightWaves]
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