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SAP Announces Launch of 2024 Corporate Restructuring

Supply Chain Matters

Corporate Restructuring In conjunction with the formal reporting of both Q4-2023 and full year 2023 financial performance results, the Germany based technology provider announced what was described as a 2024 Transformation Program. The latest Ambition 2025 guidance calls for: Non-IFRS Cloud gross profit level of approximately €16.2

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4 Crucial Commodities to Watch in 2023

Resilinc

Due to electric vehicle (EV) production, demand for cobalt is expected to increase 293% by 2025. Some sources predict future lithium shortages due to the large quantities of water required for lithium production, which is taxing for areas like South America and Australia that are prone to drought.

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Shortages of coolant set to impact the semiconductor industry

Resilinc

According to Cooling Post , a trade journal for the refrigerant industry, Germany, the Netherlands, Sweden, Norway, and Denmark are also pushing the EU to restrict the use of PFAS used in manufacturing common refrigerants HFC and HFO. Belgium, for example, is urging an EU-wide ban on use of the substances.

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How Arena Helps Nascent UAM Industry Take Flight

Arena Solutions

On a faster track, the Europe UAM market is projected to grow at the highest rate during the forecast period of 3 to 7 years with Germany, the U.K., Ann noted, “We can manage product complexity by providing one accurate source of product information for the entire product team, including your global supply chain. billion by 2030.

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This Week in Logistics News (July 3 – 9)

Logistics Viewpoints

Prime Minister Yoshihide Suga said it was essential to prevent Tokyo, where the highly infectious Delta COVID-19 variant was spreading, from becoming the source of another wave of infections. As early as 2025, at least 50 percent of new Porsches sold will include an electric drive.

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Why 2021 Will Be A Breakout Year For Sustainable Manufacturing

IQMS

Nestle, Unilever, Mondelez, and PEPSICO have all set the ambitious goal of having 100% sustainable packaging by 2025, requiring their suppliers to independently follow their lead and attain ambitious sustainability goals. of all North American manufacturers have a sustainability policy in place, and 8.3%

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Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel

Resilinc

As the demand for lithium grows, experts anticipate that a worldwide lithium shortage could happen as soon as 2025 as supply struggles to keep up. Indonesia predominantly exports its nickel to critical markets, including China, Germany, North Macedonia, and Australia, further highlighting its pivotal role in the global supply chain.

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