The U.S.-China Economic and Security Review Commission, released its annual report to Congress this month. The 793-page report responds to the Commission’s mandate to “monitor, investigate, and report to Congress on the national security implications of the bilateral trade and economic relationship between the United States and the People’s Republic of China.” The report is
supply chain
How AI Can Address Manufacturing Supply Chain Issues
The global market for artificial intelligence (AI) in manufacturing is valued at $3.2 billion in 2023 and is poised to grow to $20.8 billion by 2028. Used wisely, AI can help manufacturers solve many of their most intractable issues, including supply chain issues that have frustrated companies and their customers since the pandemic.
FedEx Express and Elroy Air Take Off with Autonomous Drones to Ease Supply Chain Issues
FedEx Express and Elroy Air, a California-based autonomous systems and software company, are teaming up to build the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system. FedEx will test Elroy’s autonomous system within its middle-mile logistics operations. The autonomous crafts will move shipments between FedEx sortation stations.
Elroy first announced its autonomous…
Could Artificial Intelligence Save the Holiday Shopping Season?
As we all know supply chain disruptions over the past two years do not seem to be going away any time soon. However, businesses are turning to new artificial intelligence-powered (AI) simulations, known as “digital twins,” to help get products and services to consumers on time – especially as we head into the holiday shopping…
SolarWinds Insured Losses Estimated at $90 Million
The fallout from the SolarWinds hacking incident linked to Russian threat actors has not only wreaked havoc on governmental agencies and private companies whose data are at risk following the incident, but this week, Bitsight and Kovrr released an analysis outlining the effect of the event on insurance losses that estimates the incident could cost…
Supply Chain (and Vendor) Security and Contract Management
We continue to see clients hit with notifications from vendors about security incidents caused by either the vendor or the vendor’s downstream supply chain. Often, the client didn’t even know that its vendor was outsourcing part or all of the work to another vendor. When a security incident occurs down the line, the entity that…