Supply Chain

ARDMORE — The Oklahoma Manufacturing Alliance will feature noted supply chain logistics expert and author Sunderesh Heragu at its “Supply Chain Academy” on Wednesday, June 12 at the Ardmore Convention Center, 2401 N Rockford Road in Ardmore.

When Joe Biden was a US presidential candidate in 2019, he tweeted, “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”

In June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”

In another sign consumers are wary to spend, they aren’t treating themselves to as much fast food. 

In the early morning of March 26, Baltimore's Francis Scott Key Bridge collapsed when a container ship struck it, killing six construction workers and severing water access to most terminals within the Port of Baltimore indefinitely. With respect to economic losses from the port closure, the temporary losses for the region look to be severe. However, there are several reasons to be optimistic about the port's recovery and a minimal long-term loss for the region and the nation.

The recent collapse of the Francis Scott Key Bridge following a ship collision, causing an indefinite closure of the Port of Baltimore, poses significant disruptions to the local and national supply chain. Experts warn of extended impacts, particularly on ground transportation logistics, which could reverberate through the economy.

The disruption caused by the collapse of the Francis Scott Key Bridge in Baltimore will be mitigated by improvements made to supply chains in recent years, according to Tinglong Dai, a professor of operations management and business analytics at the Johns Hopkins Carey Business School.

Since the COVID-19 pandemic, the supply chain topic has been on the headlines constantly. First, it was due to the limited availability of groceries on store shelves. Then, it was the semiconductor chips shortage that caused automobile production to be severely restricted. Home prices went up sharply due to the shortage of materials and more people expanding their housing footprint by building offices and additions. Then, there was the Russian invasion of Ukraine.

When T.J. Grimm and his team at University Hospitals Cleveland Medical Center put in their nightly orders to fill customers’ medications, they‘re never really sure that the orders will actually get filled. It’s a problem facing health care systems across the country: Pharmacy managers have been left scrambling to find supplies as the country deals with a near-record number of shortages affecting millions of people.

If you own stocks, chances are good you have heard the term ESG. It stands for environmental, social and governance, and it is a way to laud corporate leaders who take sustainability – including climate change – and social responsibility seriously and punish those who...