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Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

According to Gartner 1 , 25% of organizations will gain a critical competitive advantage in their supply chains by 2025. Developing Diverse, Resilient Sourcing Strateg ies. Once a responsible sourcing network is established, you can then include product and supply chain strategies to design the supply chain network,” suggests Balte.

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General Motors Locks In Strategic EV Vehicle Supply for 2025

Supply Chain Matters

This week, in conjunction with General Motors reporting of Q2-2022 financial performance, the auto maker disclosed that it had secured strategic supply agreements to support one million electric powered vehicles in North America by 2025. A total of 30 GM EV models are planned for production by 2025 along with a doubling of revenues.

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Boeing’s Potential Sourcing Reversal- Financial or Operational?

Supply Chain Matters

Boeing spun out this supplier, which was once a part of this plane maker’s internal production in 2005 in a major strategic sourcing move. The post Boeing’s Potential Sourcing Reversal- Financial or Operational? This is contrasted to the supplier’s reported market cap at the close of trading Friday being $3.7 All rights reserved.

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SAP Announces Launch of 2024 Corporate Restructuring

Supply Chain Matters

Ambition 2025 Initiative Also, in conjunction with the reporting of full year 2023 financial results, the German tech provider updated its Ambition 2025 initiative, a longer term plan provided to this tech provider’s key and likely influential investors. billion that includes share-based compensation.

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Schneider Electric’s Works with EcoVadis to Drive Supplier Emissions Engagment

Logistics Viewpoints

Schnieder Electric constructed a “full framework” of tools, resources, and offered collaboration opportunities dedicated to sharing strategies on reducing emissions. Christophe was asked, “How did Schneider Electric get started on their net zero journey and what was the role of the suppliers?”.

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How EV Manufacturers Can Navigate Supply Chain Complexity

Arena Solutions

Electric vehicles (EVs) are projected to account for 30% of all vehicle sales by 2025 1. DEVELOP THE RIGHT SOURCING STRATEGY. Although EVs are comprised of fewer mechanical parts as compared to traditional ICE vehicles, they incorporate highly sophisticated technology that is much more difficult to source and mass produce.

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EPA and White House Set Revised CO2 Targets for Automakers

QAD

Source: Environmental Protection Agency (EPA) The shift from an original target of 152 grams of CO 2 per mile (equivalent to 58 mpg) to the revised target of 170 grams per mile (52 mpg) in 2027 represents an easing of emissions standards. manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China.