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Supply Chain Matters News Capsule Update- March 28 2024

Supply Chain Matters

In conjunction with the reporting of 2023 financial performance, the California based EV maker announced that the company would lay off upwards of 15 percent of its current staffing, amid cash and ongoing business and supply chain related challenges. The company reported a cash balance of slightly over $325 million at the end of 2023.

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UPS Strike Averted While Workers Gain Heat Protection

Logistics Viewpoints

UPS is the largest parcel delivery company in North America. This claim was made again in UPS’s last annual report. The agreement requires in-cab air conditioning in most UPS delivery vehicles purchased after Jan. The company generated over $100 billion in revenue in their last financial year.

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The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money

SCMDOJO

This system uses giant warehouses, lots of trucks, and even cool robots to move things quickly. We’ll look at their warehouses, their delivery tricks, and even how they use new technology to make things faster. Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery.

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Supply Chain Matters News Capsule Follow-up- February 13, 2023

Supply Chain Matters

West Coast ports, and data related to increased adoption of robotics for North America production needs. According to a published report by The New York Times , ( Paid subscription or metered view ) GlobalFoundries will dedicate a portion of its production capacity specifically to produce semiconductor devices for General Motors needs.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. Chain Store Age ).

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Teamsters Labor Union Ratifies UPS Labor Agreement

Supply Chain Matters

This agreement has been characterized by The Wall Street Journal as being the largest collective bargaining agreement involving a private employer in North America. Highlights of the new agreement include full time package van drivers garnering a reported annual compensation of $170,000 in pay and benefits.

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Tentative Deal Reached in UPS Labor Contract

Supply Chain Matters

This contract is characterized as the single largest private-sector collective bargaining agreement in North America. That compares to a reported starting rate of $15.50 Tentative Deal Reached This morning, industry supply chain teams across the U.S. more per hour in 2023, and $7.50 UPS Teamster drivers classified as 22.4s