Reduce Costs: Invest In Talent

Supply Chain Shaman

In manufacturing-based companies, 70-80% of costs are in the processes of source, make and deliver. While the practices of finance are over 200 years old, in contrast, supply chain as a cross-functional practice (the combination of make, source and deliver) was recently defined in 1982.

From Greater Production Traceability to Combating Biodiversity Loss and Meeting UN Sustainable Development Goal 15

EcoVadis

This is why one of the UN’s Sustainable Development Goals (SDGs), SDG 15 is committed to protecting, restoring and promoting “sustainable use of terrestrial ecosystems, sustainably managed forests, combating desertification reversing land degradation and halting biodiversity loss” by 2030.

Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

Source ID. Source ID. Source ID. The retail giant plans to take out 50 million metric tons (MMT) by 2030, which is equivalent to the emissions associated with the average annual electricity consumption of 40 million Chinese households. Source ID. Source ID.

Global electric vehicle demand drives scramble for fresh supplies of vital metals

EFT

Investment bank Goldman Sachs predicts that sales of batteries to power EVs will rise from under $10 billion to $60 billion by 2030, which will require that the global availability of battery metals expands to meet swelling demand.

Shipping Prospects Heat Up in the Arctic

Elementum

Many studies now predict that the thick sheets of ice which prevented ships from passing through in the past will thaw by the year 2030. China is another major source of trade with skin in the game.

Shipping Prospects Heat Up in the Arctic

Elementum

Many studies now predict that the thick sheets of ice which prevented ships from passing through in the past will thaw by the year 2030. Shorter, more direct routes between Asia and ports in Europe and eastern North America would mean faster trips, reduced shipping costs, and fewer greenhouse gas emissions per trip. China is another major source of trade with skin in the game.

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Supply Chain Insights

By 2030, companies will be short 20% of employees at the senior manager and director level. Supply chains are not equipped to sense, think, and respond intelligently through digitized relationships which provide new sources of data and insight. Summer is ending.