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Ford Motor Moves Deeper Into Supply Network Vertical Integration

Supply Chain Matters

This week Ford Motor Company in conjunction with a two-day investor event, announced strategic commodity supply deals with four suppliers, two of which are the globe’s largest producers of lithium , a critical strategic commodity for electric-vehicle production needs. These agreements include U.S.

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

ToolsGroup

While the industry continues to be rocked by world events, uncertainty has become the new normal. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Consultancy UK).

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Megatrends (Possibly) Shaping Supply Chain Trends: Technology

The Logistics & Supply Chain Management Society

This evaluation also needs to consider sourcing the technology, implementation and support services necessary to enable the desired outcomes. This becomes increasingly important when we look at the overall digitalization trend, with factory data expected to grow by 400% from 2021 to 2025 (source IDC Manufacturing Insights).