After a poor second quarter affected by cyclones, mining giant Rio Tinto bounces back with a strong third quarter, with iron ore production up 12% and shipments up 17%.
Supply chain partners need to collaborate and have visibility to enable a lean supply chain to be truly successful.
When popular holiday items go out of stock it's because suppliers don’t have the order fulfillment capability to support the error in their demand forecast.
The company anticipates opening-weekend sales of more than 10 million units and is 'working to catch up as quickly as we can' to the demand.
With production contracting and stocks still slumping, China's financial management continues to adversely affect the global economy.