Afternoon Coffee: Suppliers to Struggling US Retailers Grow Hostile, Manufacturers Failing to Make Necessary Investments in Digital

VTT Studio/Adobe-Stock

Bankruptcies at several US retailers have their suppliers on edge, with some devolving into angry protests as manufacturers demand payment for their work, Bloomberg reports. In some of the more dire cases, Chinese manufacturers were working to receive payment for products shipped back in August. 

The Digital Laggards

 Automotive and industrial equipment manufacturers are failing to make necessary investments in digital technologies, putting themselves at risk for losing market share, according to a new report by Accenture. Even though two-thirds of respondents to an Accenture survey said they are experiencing digital disruption, half of the automotive companies and 60% of the industrial equipment companies acknowledged that they are not yet comprehensively investing in this area as part of their overall business strategy, according to a press release.

New England Skills Gap

 Northern New England may have a seductively low unemployment rate, but its tight labor market is actually a sign of a worrying skills gap, the Wall Street Journal reports. Lackluster population growth and a brain drain to urban centers such as Boston are creating worker shortages in Vermont, New Hampshire and Maine, with no easy solution in sight.

JDA to Work With Federal Government

 And finally, news from the provider sphere: JDA Software announced Monday it has been selected by General Dynamics Information Technology to enable a government supply chain operation technology upgrade. According to a press release, JDA will implement its warehouse management and shipping solutions to support the engagement.

Share on Procurious

Discuss this:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.