The mismatch in skill sets of the traditional workforce in the evolving tech-driven job market will be one of the biggest crises the world faces in the next decade. As a result, an estimated 9.2 crore jobs will be lost globally over the next six years, though the shift will generate some 17 crore novel […]

European aerospace companies are bracing for “very strong” protectionism in the United States as Donald Trump prepares to take office. Guillaume Faury, CEO of Airbus SE EADSY, voiced his concerns about the potential impact on the industry. What Happened: Faury, who also leads France’s GIFAS aerospace association, noted that supply chains are still recovering from the pandemic’s disruptions, Reuters reported on Thursday. […]

There were only 20 companies last year. Stuck by regulatory and high-cost structures. Reshoring support is also far from sufficient. The actual execution of foreign direct investment has ceased. The number of U-turn companies that moved their production facilities from overseas to Korea last year hit a five-year low. Critics point out that the reshoring […]

In 2024, the landscape of supply chain management underwent several profound transformations, marked by strategic shifts towards diversification, digital innovation, and consumer-centric approaches. As businesses reflected on the challenges of the previous year, many recognized the critical need to reduce dependency on single sources, particularly China and began investing in regional manufacturing capabilities across emerging […]