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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM). With the continued challenges facing supply chains, that is no surprise.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Why Agile Procurement is Essential for CPOs in 2020

Jaggaer

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

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U.S. Announces Samsung Electronics Incentives for Semiconductor Production

Supply Chain Matters

Reportedly, Samsung is planning to have the two fabrication facilities to be operational in 2026 and 2027. The aim is the ability to support the strategic supply needs in domestic based aerospace and defense, artificial intelligence and automotive supply networks. Under the provisions of the U.S. The consist of a $6.6

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Everything You Want to Know About Supply Chain Management

Shipsy

SCM is the management of the flow of goods or services from source to destination by following activities like demand planning, raw material procurement, production, inventory management, order management, movement and storage, and transportation and logistics. dollars by 2027. billion U.S. This number was 15.85 billion U.S.

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TSMC Plans for First European Based Semiconductor Chip Plant

Supply Chain Matters

ESMC reportedly aims to begin construction of the fab in the second half of 2024 with production targeted to begin by the end of 2027, four years from now. The planned facility is expected to have a monthly production capacity of 40,000 300mm (12-inch) wafers and create upwards of 2,000 direct high-tech professional jobs.

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Supply Chain Matters News Capsule Update September 18 2023

Supply Chain Matters

Plans reportedly call for the facility to be operational by 2027. This facility, which will represent VW’s first battery production facility outside of Europe , is to be located in the city of St. Thomas, Ontario , upwards of a two hour drive from Detroit. The factors that reportedly influenced this automaker were the U.S.