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World Food Day 2024
During his audition performance on NBC’s “America’s Got Talent,” Zimbabwean comedian Learnmore Jonasi commented about the abundance of food in America. He joked, “America is new to me, man, even the food
Are Retailers or Consumers Pushing Holiday Shopping Earlier?
Holiday shopping is starting earlier, with many consumers beginning in October. 2024 predictions show moderate growth, influenced by inflation and bargain-hunting. Shoppers are conflicted between saving and splurging, with increased focus on online shopping and budget-conscious decisions due to economic uncertainties.
National Manufacturing Day 2024
National Manufacturing Day, celebrated on the first Friday of October, honors U.S. manufacturers and promotes manufacturing careers. Domestic manufacturing is crucial for the economy and national security, offering advantages like better communication, higher labor standards, and intellectual property protection, despite higher costs.
Decision Science Can Help Supply Chain Professionals Embrace Uncertainty
This article discusses the importance of effective decision-making in business, particularly in supply chain management. It highlights the need for embracing uncertainty, utilizing AI and analytics, and implementing scenario planning to improve operations and stay competitive in a rapidly changing environment.
Artificial Intelligence and the Retail Reset
The retail sector is facing significant disruption, necessitating a "retail reset." Challenges include changing consumer behaviors, supply chain issues, and intense competition. Artificial intelligence is emerging as a crucial tool for retailers to optimize operations, personalize experiences, and stay competitive in this evolving landscape.
Price Controls Aren’t the Answer to High Food Prices
This article discusses Vice President Kamala Harris's proposal to ban "price gouging" in the food industry. It examines industry reactions, economic factors affecting food prices, and criticisms of the plan as potential price control policy.