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Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs). Below are 5 disruptions shaping the digital transformation in distribution and logistics. Digitalization is transforming every aspect of business across all industries, particularly impacting the distribution and logistics industries. Source: Grainger Q1 2017 Earnings Call ). MORE
Exclusive: Walmart's Flipkart eyes overseas listing as early as 2021: sources v. Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company's plans told Reuters. MORE
This waste can keep manufacturers far away from achieving operational targets and deeply impact their logistics and supply chain management strategy. A supply chain optimization software can help manufacturers connect the entire manufacturing or distribution value chain, right from procurement to the R&D and materials sourcing through the final production and delivery. Logistics and delivery coordination. trillion to the global economy by 2030. MORE
Source ID. In fact, BMW has adopted any number of digital production technologies, such as data analytics, smart logistics and 3D printing. Source ID. Source ID. Source ID. In particular, the company has been criticized for its long-time practice of using local water sources for its products. In any event, Coke has turned to technology to speed its supply chain and logistics processes, such as its use of AGVs throughout its factories and loading docks. MORE
Last November, executives from all segments of the Heavy Building Materials (HBM) ecosystem got together at the inaugural Leadership Roundtable meeting organized by Command Alkon (a Talking Logistics sponsor) to discuss a couple of simple questions: Are there opportunities to elevate the performance of the HBM industry? Funny enough, that is the same advice I get from supply chain and logistics executives who are already making progress on a digital transformation journey. MORE
The PwC predicts that more than 55% of all new car sales could be fully electrified by 2030, and over 95% of new car sales will be partially electrified. Based on mileage, the study also claims that Europe’s share of autonomous driving in overall traffic may rise to as much as 40% by 2030. Elementary structures and attitudes will have to change fast in order to cope with the developments by 2030 and beyond,” writes the study’s authors. “If by Amy Wunderlin. MORE
The logistics industry is shaping up for some radical changes. Road freight represents a major part of most Logistics Services Providers’ (LSPs') strategies. Regardless of the importance of other modalities to global logistics, it is almost impossible for the supply chain to keep moving, either domestically or internationally, without using the road network. Green logistics; traffic congestion will certainly not have been resigned to history. MORE
New practices have been proven by leading distribution and logistics providers that can reduce payroll costs by at least 5 percent, while increasing productivity and improving employee retention (source: JDA Value Engineering). This 3-part blog series will take a deeper dive into the importance of warehouse workforce management for wholesale distribution and third party logistics (3PLs) and how to create and sustain a high-performance workforce culture. MORE
Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. 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. MORE
Key points: Explore crowd sourced delivery capabilities, they’re expanding nationally at a rapid pace. These driverless, flying taxis are part of Dubai’s plan to have self-driving vehicles (of all kinds) account for a quarter of journeys made in Dubai by 2030. Recognize drones have the potential to redefine the cost of last-mile logistics. Beyond just driverless cars, autonomous trucks, travelling in convoys, could change the very face of logistics. MORE
This crisis may be a tipping point for what’s likely going to be a strategic shift in where supply is sourced and products are assembled.”[1] PwC has estimated that AI has the potential to contribute about $16 trillion to the global economy by 2030. ” Manufacturing & Logistics IT , 14 March 2020. [4] The novel coronavirus outbreak demonstrates how interconnected the world has become and how fragile global supply chains can be. MORE
The below summary of my presentation will provide Supply Chain Executives and leaders within the Logistics field with a case for increasing a company’s profile and profitability by focussing on sustainability. Meaning that our operational performance is where it needs to be, that we are in control of cost, that we are customer focussed, that we set up a lean organizations, that we source globally, that we constantly evaluate and optimize our footprint, manufacturing depth etc. MORE
I did not understand warehousing and transportation until reassignment to a logistics role in 1985. In the traditional supply chain world, the processes of sell, deliver, make, source, and plan are separate and distinct. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. Economic Vision of Supply Chain 2030. Supply Chain 2030. Supply Chain 2030. MORE
Despite the persistance of some strong fundamentals , 2020 may signal the true turning point in the shift to renewable sources for energy companies. ” Other sources agree. In this article: Market factors that are prompting investment in renewables by upstream energy. MORE
Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs). Below are 5 disruptions shaping the digital transformation in distribution and logistics. Digitalization is transforming every aspect of business across all industries, particularly impacting the distribution and logistics industries. Source: Grainger Q1 2017 Earnings Call ). MORE
As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers. MORE
” Many analysts are touting blockchain because it holds the potential to solve many challenges currently found in supply chains associated with things like fraud, visibility, and sourcing. trillion in annual business value by 2030, and that’s a prediction that warrants taking a serious look at blockchain.”[3]. 2] Staff, “ How Blockchain Is Revolutionizing The World Of Transportation And Logistics ,” Winnesota Regional Transportation, November 2018. [3] MORE
XPO Logistics plans to spin off warehousing business. XPO Logistics Inc said on Wednesday it plans to spin off its warehousing and logistics business into a separate publicly traded company. Chinese air freight firm Apex up for sale after coronavirus boost: sources. MORE
The hard-hitting new report from the National Shippers Strategic Transportation Council (NASSTRAC) is titled, “ Logistics 2030: Navigating a Disruptive Decade, Year 1 – Freight Transportation ” and it is full of powerful conclusions about what shippers are facing in the coming decade as the pace of technological advancement and change continues to accelerate. Today’s transportation professionals need more than just an understanding of logistics operations. MORE
Last week I spoke at the CLX Logistics Conference in Philadelphia on the future of Supply Chain Management. As I presented on Supply Chain 2030, I shared the research on balance sheet performance, and provided the insights on why I believe 90% of organizations failed in the delivery of supply chain excellence at the balance sheet level. Open Source Technologies (Examples include Hadoop, Spark, Kafka). MORE
That idea – to open up H&M’s global supply chain expertise as a business-to-business service and allow partners to work across product development sourcing, production and logistics in a sustainable manner. Where can supply chain and logistics leaders make the biggest impact on sustainability? H&M Group’s goal is that all its materials should be either recycled or sourced in a more sustainable way by 2030, at the latest. MORE
It is estimated that 5 billion people will live in urban areas by 2030. Failure to plan for this eventual inevitability would be a mistake for players in the logistics industry. In addition to these benefits, robotics is a source of reliable labor, high quality, virtually mistake-free, job performance and significant cost savings over humans. The applications in Logistics and transportation are real as well. Subscribe Here! Email Address. MORE
The global middle class is growing even more rapidly: KPMG has calculated that by 2030 there will be three billion more middle-class consumers than in 2010. Starbucks is one company at the forefront of sourcing sustainably produced commodities. Ever since its foundation in 1971, Starbucks has been a company that is very aware of its social role,” explains Jan Huijgens, senior manager of logistics for Starbucks in Europe. MORE
Around 14 percent of GDP spent on logistics sector annually in India as compared to only around 5 percent of GDP in the developed countries logistics sector. According to an ASSOCHAM (Associated Chambers of Commerce and Industry of India) study, the logistics sector in India is poised to grow at 16 percent YoY CAGR. Source: World Bank Logistics Performance Index 2018 ). Digital Logistics Technology MORE
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. Asian battery producers have limited options when it comes to sourcing essential metals regionally. MORE
On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. Economic Vision of Supply Chain 2030. MORE
Industry suppliers will reduce greenhouse gas emissions by 30% by 2030 and will phase out coal-fired boilers in their own companies and direct suppliers from 2025. The fashion industry took a large step on Dec. 10 to address climate change by launching the Fashion Industry Charter for Climate Action. MORE
In the building of global supply chains, in the last decade, across value networks, outsourcing to third-party logistics, and contract manufacturing accelerated. To drive success in value networks, build multi-tier capabilities in channel and sourcing relationships, side-stepping the use of both traditional CRM and SRM concepts. Economic Vision of Supply Chain 2030. Join us for a critical view of supply chain 2030 through the insights of leading economists. MORE
There is no logical connection between inventory strategy and logistics optimization or the multiplicity of rules—allocation, ATP, inventory matching, routing—and planning engines. Trade-offs between source, make, and deliver are possible in the strategic horizon of planning, but not in shorter time durations. There is a lack of focus on planning master data, and the evolution of supply and logistics networks are nascent. The focus is on Imagining Supply Chain 2030. MORE
New practices have been proven by leading distribution and logistics providers that can reduce payroll costs by at least 5 percent, while increasing productivity and improving employee retention (source: JDA Value Engineering). This 3-part blog series will take a deeper dive into the importance of warehouse workforce management for wholesale distribution and third party logistics (3PLs) and how to create and sustain a high-performance workforce culture. MORE
Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? Another source of disappointment is the lack of capabilities in the IBP modeling engines. Future of Analytics in the Building of Supply Chain 2030. In addition, the use of telematics, i.e. GPS and RFID, in logistics enables the building of accurate Estimated Time for Arrival (ETA) and the continued automation of logistics. Holiday travel. MORE
Apple to remove Carbon from supply chain, products by 2030. Softbank pulls investment from Credit Suisse supply chain funds: sources. e-commerce firm planning to keep a minority stake, two sources familiar with the matter told Reuters on Monday. MORE
This waste can keep manufacturers far away from achieving operational targets and deeply impact their logistics management system and supply chain management strategy. A supply chain optimization software can help manufacturers connect the entire manufacturing or distribution value chain, right from procurement to the R&D and materials sourcing through the final production and delivery. Logistics and delivery coordination. trillion to the global economy by 2030. MORE
Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands. Pepsi announced that they are aiming to cut 20% of their emissions by 2030 and their U.S. MORE
Cloud technology allows organizations to combine all supply chain and logistics information into a single, central solution. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. According to PricewaterhouseCoopers , AI’s potential contribution to the global economy by 2030 is $15.7 Ultimately, the possibility of driverless trucks in logistics is on the horizon. MORE
Needleman reports, in a plan aimed at having every Apple device by 2030 to be produced with no net release of carbon into the atmosphere. The company’s initiative means that it will work to transition its manufacturing suppliers to renewable sources of electricity to power their operations. MORE
AIMMS
FEBRUARY 3, 2020
Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands. Pepsi announced that they are aiming to cut 20% of their emissions by 2030 and their U.S.
Supply Chain Nation
MARCH 5, 2018
Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs). Below are 5 disruptions shaping the digital transformation in distribution and logistics. Digitalization is transforming every aspect of business across all industries, particularly impacting the distribution and logistics industries. Source: Grainger Q1 2017 Earnings Call ).
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BluJay Solutions
MARCH 21, 2013
The logistics industry is shaping up for some radical changes. Road freight represents a major part of most Logistics Services Providers’ (LSPs') strategies. Regardless of the importance of other modalities to global logistics, it is almost impossible for the supply chain to keep moving, either domestically or internationally, without using the road network. Green logistics; traffic congestion will certainly not have been resigned to history.
6 River Systems
DECEMBER 11, 2018
As the biggest players in fulfillment, distribution and omnichannel retail continue to push boundaries, logistics and planning strategists are forced to innovate. Luckily, the current movers and shakers of the logistics and supply chain world are all too happy to dole out sage advice in the form of blog posts, interviews, podcasts — you name it. Logistics strategies for streamlined fulfillment. Logistics personnel and supplier management pointers.
Logistics Trends and Insights
MARCH 13, 2020
The PwC predicts that more than 55% of all new car sales could be fully electrified by 2030, and over 95% of new car sales will be partially electrified. Based on mileage, the study also claims that Europe’s share of autonomous driving in overall traffic may rise to as much as 40% by 2030. Elementary structures and attitudes will have to change fast in order to cope with the developments by 2030 and beyond,” writes the study’s authors. “If by Amy Wunderlin.
Supply Chain Nation
MARCH 5, 2018
Manufacturing and retail transformations, technology disruptions and digitalization of data have redefined the roles of distributors and third party logistics (3PLs). Below are 5 disruptions shaping the digital transformation in distribution and logistics. Digitalization is transforming every aspect of business across all industries, particularly impacting the distribution and logistics industries. Source: Grainger Q1 2017 Earnings Call ).
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Supply Chain Movement
JULY 10, 2014
The global middle class is growing even more rapidly: KPMG has calculated that by 2030 there will be three billion more middle-class consumers than in 2010. Starbucks is one company at the forefront of sourcing sustainably produced commodities. Ever since its foundation in 1971, Starbucks has been a company that is very aware of its social role,” explains Jan Huijgens, senior manager of logistics for Starbucks in Europe.
Supply Chain Nation
JANUARY 9, 2018
New practices have been proven by leading distribution and logistics providers that can reduce payroll costs by at least 5 percent, while increasing productivity and improving employee retention (source: JDA Value Engineering). This 3-part blog series will take a deeper dive into the importance of warehouse workforce management for wholesale distribution and third party logistics (3PLs) and how to create and sustain a high-performance workforce culture.
Supply Chain Game Changer
NOVEMBER 25, 2018
It is estimated that 5 billion people will live in urban areas by 2030. Failure to plan for this eventual inevitability would be a mistake for players in the logistics industry. In addition to these benefits, robotics is a source of reliable labor, high quality, virtually mistake-free, job performance and significant cost savings over humans. The applications in Logistics and transportation are real as well. Subscribe Here! Email Address.
Talking Logistics
DECEMBER 5, 2018
Last November, executives from all segments of the Heavy Building Materials (HBM) ecosystem got together at the inaugural Leadership Roundtable meeting organized by Command Alkon (a Talking Logistics sponsor) to discuss a couple of simple questions: Are there opportunities to elevate the performance of the HBM industry? Funny enough, that is the same advice I get from supply chain and logistics executives who are already making progress on a digital transformation journey.
Material Handling and Logistics
DECEMBER 2, 2018
Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. 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.
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20Cube Logistics
MAY 14, 2019
Around 14 percent of GDP spent on logistics sector annually in India as compared to only around 5 percent of GDP in the developed countries logistics sector. According to an ASSOCHAM (Associated Chambers of Commerce and Industry of India) study, the logistics sector in India is poised to grow at 16 percent YoY CAGR. Source: World Bank Logistics Performance Index 2018 ). Digital Logistics Technology
Supply Chain Shaman
JUNE 21, 2016
I did not understand warehousing and transportation until reassignment to a logistics role in 1985. In the traditional supply chain world, the processes of sell, deliver, make, source, and plan are separate and distinct. The focus of APICS is manufacturing, CSCMP’s foundation is in logistics, and ISM serves the procurement organization. Economic Vision of Supply Chain 2030. Supply Chain 2030. Supply Chain 2030.
Supply Chain Collaborator
AUGUST 14, 2019
The hard-hitting new report from the National Shippers Strategic Transportation Council (NASSTRAC) is titled, “ Logistics 2030: Navigating a Disruptive Decade, Year 1 – Freight Transportation ” and it is full of powerful conclusions about what shippers are facing in the coming decade as the pace of technological advancement and change continues to accelerate. Today’s transportation professionals need more than just an understanding of logistics operations.
EFT
SEPTEMBER 17, 2020
Exclusive: Walmart's Flipkart eyes overseas listing as early as 2021: sources v. Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company's plans told Reuters.
Kinaxis
JULY 19, 2017
Key points: Explore crowd sourced delivery capabilities, they’re expanding nationally at a rapid pace. These driverless, flying taxis are part of Dubai’s plan to have self-driving vehicles (of all kinds) account for a quarter of journeys made in Dubai by 2030. Recognize drones have the potential to redefine the cost of last-mile logistics. Beyond just driverless cars, autonomous trucks, travelling in convoys, could change the very face of logistics.
Material Handling and Logistics
DECEMBER 12, 2018
Industry suppliers will reduce greenhouse gas emissions by 30% by 2030 and will phase out coal-fired boilers in their own companies and direct suppliers from 2025. The fashion industry took a large step on Dec. 10 to address climate change by launching the Fashion Industry Charter for Climate Action.
Requis
SEPTEMBER 11, 2020
Despite the persistance of some strong fundamentals , 2020 may signal the true turning point in the shift to renewable sources for energy companies. ” Other sources agree. In this article: Market factors that are prompting investment in renewables by upstream energy.
EFT
JULY 23, 2020
Apple to remove Carbon from supply chain, products by 2030. Softbank pulls investment from Credit Suisse supply chain funds: sources. e-commerce firm planning to keep a minority stake, two sources familiar with the matter told Reuters on Monday.
EFT
DECEMBER 3, 2020
XPO Logistics plans to spin off warehousing business. XPO Logistics Inc said on Wednesday it plans to spin off its warehousing and logistics business into a separate publicly traded company. Chinese air freight firm Apex up for sale after coronavirus boost: sources.
Supply Chain Shaman
NOVEMBER 27, 2016
Could we use Open Source Hadoop to process transactions across all networks with powerful in-memory processing? Another source of disappointment is the lack of capabilities in the IBP modeling engines. Future of Analytics in the Building of Supply Chain 2030. In addition, the use of telematics, i.e. GPS and RFID, in logistics enables the building of accurate Estimated Time for Arrival (ETA) and the continued automation of logistics. Holiday travel.
Material Handling and Logistics
JUNE 25, 2018
Source ID. In fact, BMW has adopted any number of digital production technologies, such as data analytics, smart logistics and 3D printing. Source ID. Source ID. Source ID. In particular, the company has been criticized for its long-time practice of using local water sources for its products. In any event, Coke has turned to technology to speed its supply chain and logistics processes, such as its use of AGVs throughout its factories and loading docks.
Supply Chain Shaman
APRIL 7, 2016
On Monday, I would speak in Orlando Florida at the Terra Technology event; and on Wednesday, present the keynote at the Logistic Summit & Expo in Mexico City. While traditional supply chain processes evolved from functional excellence definitions for source, make and deliver from the inside-out; to make the digital pivot and become more market-driven, companies need to define new supply chain processes outside-in. Economic Vision of Supply Chain 2030.
Supply Chain Shaman
MARCH 15, 2016
In the building of global supply chains, in the last decade, across value networks, outsourcing to third-party logistics, and contract manufacturing accelerated. To drive success in value networks, build multi-tier capabilities in channel and sourcing relationships, side-stepping the use of both traditional CRM and SRM concepts. Economic Vision of Supply Chain 2030. Join us for a critical view of supply chain 2030 through the insights of leading economists.
Enterra Insights
APRIL 16, 2020
This crisis may be a tipping point for what’s likely going to be a strategic shift in where supply is sourced and products are assembled.”[1] PwC has estimated that AI has the potential to contribute about $16 trillion to the global economy by 2030. ” Manufacturing & Logistics IT , 14 March 2020. [4] The novel coronavirus outbreak demonstrates how interconnected the world has become and how fragile global supply chains can be.
Supply Chain Shaman
SEPTEMBER 17, 2017
Last week I spoke at the CLX Logistics Conference in Philadelphia on the future of Supply Chain Management. As I presented on Supply Chain 2030, I shared the research on balance sheet performance, and provided the insights on why I believe 90% of organizations failed in the delivery of supply chain excellence at the balance sheet level. Open Source Technologies (Examples include Hadoop, Spark, Kafka).
Enterra Insights
DECEMBER 12, 2018
” Many analysts are touting blockchain because it holds the potential to solve many challenges currently found in supply chains associated with things like fraud, visibility, and sourcing. trillion in annual business value by 2030, and that’s a prediction that warrants taking a serious look at blockchain.”[3]. 2] Staff, “ How Blockchain Is Revolutionizing The World Of Transportation And Logistics ,” Winnesota Regional Transportation, November 2018. [3]
Operations and Supply Chain Management
JULY 22, 2020
Needleman reports, in a plan aimed at having every Apple device by 2030 to be produced with no net release of carbon into the atmosphere. The company’s initiative means that it will work to transition its manufacturing suppliers to renewable sources of electricity to power their operations.
Supply Chain Shaman
MAY 30, 2019
There is no logical connection between inventory strategy and logistics optimization or the multiplicity of rules—allocation, ATP, inventory matching, routing—and planning engines. Trade-offs between source, make, and deliver are possible in the strategic horizon of planning, but not in shorter time durations. There is a lack of focus on planning master data, and the evolution of supply and logistics networks are nascent. The focus is on Imagining Supply Chain 2030.
6 River Systems
FEBRUARY 3, 2020
Cloud technology allows organizations to combine all supply chain and logistics information into a single, central solution. Should supply chain delays occur, companies can more easily identify the source of bottlenecks and take action to improve processes. According to PricewaterhouseCoopers , AI’s potential contribution to the global economy by 2030 is $15.7 Ultimately, the possibility of driverless trucks in logistics is on the horizon.
ThroughPut
APRIL 2, 2020
This waste can keep manufacturers far away from achieving operational targets and deeply impact their logistics management system and supply chain management strategy. A supply chain optimization software can help manufacturers connect the entire manufacturing or distribution value chain, right from procurement to the R&D and materials sourcing through the final production and delivery. Logistics and delivery coordination. trillion to the global economy by 2030.
EFT
APRIL 29, 2020
That idea – to open up H&M’s global supply chain expertise as a business-to-business service and allow partners to work across product development sourcing, production and logistics in a sustainable manner. Where can supply chain and logistics leaders make the biggest impact on sustainability? H&M Group’s goal is that all its materials should be either recycled or sourced in a more sustainable way by 2030, at the latest.
ThroughPut
APRIL 6, 2020
This waste can keep manufacturers far away from achieving operational targets and deeply impact their logistics and supply chain management strategy. A supply chain optimization software can help manufacturers connect the entire manufacturing or distribution value chain, right from procurement to the R&D and materials sourcing through the final production and delivery. Logistics and delivery coordination. trillion to the global economy by 2030.
EFT
OCTOBER 31, 2017
The below summary of my presentation will provide Supply Chain Executives and leaders within the Logistics field with a case for increasing a company’s profile and profitability by focussing on sustainability. Meaning that our operational performance is where it needs to be, that we are in control of cost, that we are customer focussed, that we set up a lean organizations, that we source globally, that we constantly evaluate and optimize our footprint, manufacturing depth etc.
EFT
FEBRUARY 10, 2019
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. Asian battery producers have limited options when it comes to sourcing essential metals regionally.
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