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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? The Saudi 2030 Vision invests in the community to drive local business growth!

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Ease the Burden of Labor Shortages and Increase Supply Chain Resiliency 

Logility

resigned from their jobs in durable goods manufacturing. The trucking industry was down 80,000 drivers in 2021, and that shortage is anticipated to balloon to 160,000 by 2030. million by 2030. In February alone, 22,000 people in the U.S. It’s a global problem. China, which had a worker surplus of 55.2 million to 75.3

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Positive News for Key Decision-Makers About Sustainable Business Transformation

DELMIA Quintiq

With less than 10 years left to the 2030 deadline of the United Nations Sustainable Development Goals (SDGs), it is clear that we are all not yet doing enough to achieve global sustainability targets. The Answer Lies in Virtual Twin Technology. The Biggest Obstacle to Accelerating Sustainability.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. What’s in the Inflation Reduction Act’s New Clean Vehicle Credit?

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Happy Labor Day! Insights on Building Supply Chain Talent

Supply Chain Shaman

Before I started doing this research, I believed procurement and manufacturing were aligned. While this is the case in 50% of the organizations, there are many organizations with large alignment gaps between finance/operations and procurement/manufacturing. Analytics Techniques for Supply Chain 2030. I was wrong.

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EPA and White House Set Revised CO2 Targets for Automakers

QAD

This deliberation highlights the acute pressure original equipment manufacturers (OEMs) face in meeting near-term objectives, particularly those for 2026, deemed pivotal in the transition towards battery electric vehicles (BEVs). manufacturing prowess and reduce dependency on foreign components, particularly those sourced from China.

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Reduce Costs: Invest In Talent

Supply Chain Shaman

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982. Is talent a cost or an asset? Talent Gaps.