Despite challenges, supply chain leaders remain confident in recovery plans
New research from CargoWise shows that while supply chain professionals are increasingly diversifying their networks and leveraging real-time monitoring to address rising risks such as geopolitical tensions and cybersecurity threats, many may be overconfident in their ability to recover from disruptions due to a lack of consistent scenario planning. See also: GEP Report: Global manufacturing slowdown intensifies as supply chain capacity reaches peak in 2024 The study, Future-proofing Supply Chain Operations: Leveraging Technology for Lasting Impact, surveyed more than 450 global logistics professionals between March and April 2024. Findings show that while 57% of respondents are confident in their recovery strategies, only 32% regularly conduct scenario testing to assess their responses to potential threats. Key Insights Main concerns: Geopolitical tensions and cybersecurity threats are the top risks to global supply chains, with North American professionals particularly concerned about cyberattacks (28%, compared to a global average of 19%). Diversified and real-time monitoring: To mitigate risk, companies are prioritizing multi-sourced supply chains…
GMC is confident that Sierra EV will outsell Cybertruck, Ford,
While other companies appear to be adjusting their EV visions, GMC is going full steam ahead with its electric truck lineup go through Sam D. Smith 10 hours ago GMC believes it will surpass its competitors and become a leader in the electric pickup truck space. The new Sierra EV is expected to outsell the Chevrolet Silverado EV and Tesla Cybertruck. GMC plans to introduce more affordable Sierra EV and Denali models soon. While other manufacturers appear to be abandoning their electric vehicle plans, GMC apparently wants to go on the offensive as the company aims to become the leader in all-electric truck sales in the U.S. That’s according to Duncan Aldred, GMC’s global vice president, who expects the new Sierra EV to outperform competition from Ford, Tesla, and Rivian. The GMC Sierra EV is just beginning to roll out to customers, and its competitors, including its sister model, the Chevrolet Silverado EV, are already way ahead, but GMC thinks…