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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

Such meetings are generally hyped as platforms that can bring sweeping global action which makes it very hard for the participants to live up to the expectations. Also, tools have been developed to enable horizontal partnerships to reduce empty truck miles. Creating demand for new clean solutions requires pioneers and critical mass.

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Commodities Used in Electric Car Batteries: An Update on Lithium and Nickel

Resilinc

In India, the national Production Linked Incentive (PLI) is set to encourage domestic EV manufacturing—and this is just a glimpse of the latest policies worldwide. To meet this demand and ensure a sustainable supply chain, Australia, Chile , China, and Brazil are proactively ramping up their lithium production. billion in 2022.

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8 Inventory Costing Methods That You Might Not Know About

EMERGE App

This is done to meet taxation obligations as well as to inform investors and stakeholders. Thus, it comes as no surprise that modern inventory management solutions, such as EMERGE App , are based on these sound FIFO principles. It thus ignores the effect of prices of goods and their purchase dates. Last In, First Out (LIFO).

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What Caused the Baby Formula Shortage + 7 Ways Consumers and Companies are Coping

ToolsGroup

This made it incredibly difficult for manufacturers to accurately gauge the market size for production. The Risk of Outdated Forecasting Software. Outdated forecasting software only increases the risks surrounding a disrupted supply chain. A Limited Number of Formula Manufacturers. Image source: Sturgis Journal.

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An update on copper

Resilinc

It was the first metal to be smelted (about 5,000 BC, according to Wikipedia); the first to be shaped into molds; and the first to be alloyed with another metal—tin—to manufacture a sturdier cousin: bronze. Declining ore quality from Chile, the top producing country, will lead to higher energy usage and costs for processing, according to IEA.

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KPI Key Performance Indicators in Supply Chain & Logistics

Logistics Bureau

When a KPI shows that performance is consistently meeting or exceeding the required level, you can decide to raise the bar and set a higher standard to aspire to. Purchasing and supplier management. Production/manufacturing. For this reason, KPIs are essential for any business improvement strategy. Inventory management.

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