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Petrochemical demand is up and prices are spiking

Resilinc

This period of high prices and margins coincided with—and was partly supported by—supply chain disruptions, including the February 2021 deep freeze on the Texas Gulf Coast and port and shipping congestion in much of the world. German trade group VCI reports that petrochemicals prices rose by 21.6%

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Resilinc’s 2021 Annual Report is live!

Resilinc

As in past years, EventWatch AI data shows clearly that most supply chain disruptions were human-caused events. “We can see the filtered light through the trees [and] the fog is slowly lifting,” writes CEO Bindiya Vakil in the report. But there is still a ways to go before we hit a clearing.”.

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Two Automakers Make Senior Supply Chain and Procurement Executive Leadership Changes

Supply Chain Matters

Supply Chain Matters readers are well aware that the looking glass for an organization’s overall supply chain performance is intense right now, especially when C-Suite executives feel the heat from investors and board rooms. billion in joint venture for a new lithium-ion battery production plant in United States.

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

ToolsGroup

In 2021, 87% of Americans were negatively impacted by the supply chain. 75% of companies felt negative or strongly negative impacts on their business due to supply chain disruption ( Accenture ). In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020.

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Supply chain finance to reinvent the wheel

Taulia

Supply chain disruptions, factory closures, a renewed focus on environmental impact and commercial ESG principles , and limitations on travel have contributed further to the industry’s struggle. The automotive industry has been particularly affected, with global passenger car sales down by 15.3% to only 63.4 million in 2020.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

The COVID-19 pandemic has caused much supply chain disruption, increasing system complexity for S&OE as well as business impact, and at an unprecedented scale. 2020), The Future of Work in the United States: Projections of Occupational Employment in 2026, Foresight, issue 49 (Spring 2018). Routledge, Ney York.

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This Week in Logistics News (July 30 – August 5)

Logistics Viewpoints

Supply chain disruptions continue to lead to product shortages around the world. The ongoing pandemic-induced supply chain disruptions, along with the Russia-Ukraine war, limited available supplies of cocoa, edible oil, and other food ingredients. Walmart launches new restored goods program.