News Room

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. McKinsey estimates that shocks lasting a month or longer are occurring every 3.7 years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions.

For the past two years, Covid put the kibosh on holiday travelers. Now those eagerly planning to travel for Thanksgiving and Christmas are in for sticker shock.

Inflation continues to impact the buying power of consumers. To further exacerbate the situation, companies not only raise prices, they also employ ‘shrinkflation’ to shrink the amount of food or product that a prepackaged unit holds. Whether it be packages of toilet paper, cartons of juice, or containers of ice cream, consumers have been paying more for less for years.

Researchers at the Massachusetts Institute of Technology (MIT) say they have found the optimal word with which one should start Wordle, a word game which has become immensely popular all over the world ever since it was launched in October 2021. The New York Times Company acquired Wordle in January 2022. Software engineer Josh Wordle from Brooklyn, New York, had created the daily word game for his partner, Palak Shah, who enjoys playing word games. Wordle is a guessing game that roughly follows the rules of the guess-the-colour game Mastermind.