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“Divisive” Tops 2024 Word Of The Year As Workplace Tensions Escalate

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They also said they’d pull out of the Human Rights Campaigns yearly benchmark index measuring LGBTQ+ inclusion, and would no longer give any preferential treatment to minority-owned suppliers. Ford Motor Co.,

2024 246
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Major Japan Firms Agree To Big Wage Hikes Amid Labor Shortages

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Major Toyota auto parts supplier Denso also plans record pay hikes while Toyota said the combined increase in pay for manufacturing staff would match that of last year, which was the highest since 1999. Toyota has said it plans to pay more for domestic components to help suppliers fund pay rises.

Suppliers 237
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Walmart Cuts DEI Efforts, Drops Racial Equity Center & LGBTQ+ Index

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Additionally, Walmart will no longer prioritize race or gender when selecting suppliers and will stop gathering demographic data for grants. This shift comes as part of a broader trend among U.S. corporations facing backlash after the Supreme Court’s 2023 ruling against affirmative action in college admissions.

Suppliers 262
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Supply Chain Software: How to Build an End-to-End Logistics Solution

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The system provides complete integration between suppliers, manufacturers and warehouses and distribution centers and retailers. Supplier & Vendor Management : Maintains relationships and ensures compliance and performance. Transportation Management : Plans and tracks shipments, vehicle routing, and fleet efficiency.

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GE Aerospace To Invest Nearly $1 Billion In U.S. Manufacturing This Year

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CFM International, GE’s joint venture with France’s Safran SA, is an engine supplier for Boeing’s 737 MAX jetliners and competes with RTX’s Pratt & Whitney to power Airbus’ 320neo jets.

Suppliers 162
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U.K. Manufacturing Index Sends Mixed Signals As Jobs Hit Lowest In 5 Years While Optimism Rose

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Firms told S&P Global that suppliers were putting up their prices ahead of the change. The rise in National Insurance Contributions – announced by finance minister Rachel Reeves last October to help pay for more public services and investment – takes effect on April 1.

Payroll 200
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Mercedes-Benz To Slash 25% Of Office-based Job Costs In China

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Mercedes-Benz plans more partnerships with local suppliers to improve the competitiveness of its products, the person added, declining to be named as they were not authorised to speak to media. The cost-cutting targets could change depending on how the market develops, the person with direct knowledge of the matter said.

Suppliers 194