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5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

ivalua

With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. We also tag products and services that come from inclusive suppliers (i.e. Procurement Leaders Webinar.

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This Week in Logistics News (February 11 – 17)

Logistics Viewpoints

The American and Canadian militaries believe that the balloon was for surveillance, while the Chinese government said it was a civilian meteorological research airship that had blown off course. China’s government has so far not commented on the new sanctions or on the news of the flying object, nor responded to questions.

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Added Evidence of Emerging Regionalization of Global Supply Networks

Supply Chain Matters

Prediction Ten indicated that: Government incentives tied to industrial policy are leading to the eventual regionalization of component supply and end production capabilities for deemed essential industries. In the latter, the report indicates a fourfold increase in companies assembling Apple hardware products.

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Apple Product Event Provides Added Supply Chain News

Supply Chain Matters

Apple conducted its annual product line-up event this week, tagged as “ Wonderlust.” In its reporting, The Wall Street Journal cited data from Counterpoint Research indicating that: “ Since 2019, the company has boosted iPhone revenue by more than 44% despite shipments only advancing 15% in roughly the same period.”

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Tesla’s Audacious Growth Plans Unveiled Including New Production Plant

Supply Chain Matters

Tesla’s CFO Zach Kirkhorn indicated to investors that the outlined master plan will require upwards of $175 billion of investment, of which, $28 billion has already been invested. Nuevo Leon Governor Samuel Garcia later indicated that this facility would likely include a $5 billion additional investment in a subsequent expansion phase.

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Eight Practices for Implementing Traceability in Apparel Supply Chains

Pivot88

In addition to critical updates on economic indicators and commodity prices, the new Q4 2023 Retail Sourcing Report also features an extensive breakout section on traceability. This technology enables real-time monitoring of inventory, reduces errors, and improves traceability. Compliance with these regulations is now a necessity.

Apparel 52
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Supply Chain Disruptions Directly Attributed to a Portion of US Inflation

Supply Chain Matters

An economist at the San Francisco Federal Reserve Bank indicated in a letter this week that recent supply and product demand shocks can be attributed to a portion of current high U.S. The data was reportedly tagged as either demand or supply driven to align with the classic relationship that supply, and demand has on prices.