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4 Crucial Commodities to Watch in 2023

Resilinc

Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. Fast-food chains, grocery stores, and other retail chains are also removing PFAS— see a complete list of companies here. Now, the leading use of cobalt is rechargeable battery electrodes.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. The maximum MSRP for those products is $80,000.

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Manufacturing Pulse Report 2016

Supply Chain Movement

Furthermore, while the combination of in-store and online shopping – omnichannel – has long been a feature of the retail world, it is only now really starting to impact the manufacturing sector. The dynamics of selling directly to customers are far different than manufacturers’ previous experience of selling to retail partners.