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Tesla’s Q1-2024 Financial Performance- Calling an Audible

Supply Chain Matters

Supply Chain Matters provides key highlights and added supply chain and production perspectives on Tesla ’s recent report of Q1-2024 financial performance. In its reporting, The Wall Street Journal characterized this performance as dismal. billion, a reflection of increased price discounting and a building inventory of unsold vehicles.

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Peril of EV Start-Ups: Fisker’s Investor Warning

Supply Chain Matters

According to a published report by The Wall Street Journal ( Paid subscription ), this asset light company has recently elected to transition its business model to an auto dealership based vehicle distribution model. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024. All rights reserved.

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This Week In Supply Chain Management Tech April 4 2023

Supply Chain Matters

In reporting of the latest investment, The Wall Street Journal observed that the total investment represents Amazon’s largest investment in another company since its founding 30 years ago. The data is then compared with the existing warehouse management system (WMS) in order to foster real-time inventory accuracy and availability information.

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Report That Global Ocean Container Rates on the Decline

Supply Chain Matters

The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period. Added Perspectives.

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Baltimore Bridge Collapse- A Reminder of Supply Chain Risk

Supply Chain Matters

According to reporting by The Wall Street Journal , this refinery currently has six to eight weeks of stockpiled raw sugar at the present time. There are two other harbor crossings but the prospects for high levels of traffic congestion loom large, especially for just-in-time inventory replenishment movements. All rights reserved.

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Eurozone Economy Now in Technical Recession

Supply Chain Matters

After revising both previously reported Q4-2022 and Q1-2024 GDP data, the European statistics agency Eurostat reported today that the combined 20-nation GDP for euro sector fell at annualized rate 0.4 According to reporting by The Wall Street Journal , sizable changes to data from Germany, Ireland and Finland prompted the revision.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Pre -and post inventory levels, however, fell at a weaker rate with European manufacturers reportedly being less aggressive in de-stocking efforts.