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The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. percent decrease from 2021. billion in 2015.
82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune.
The topic/report will finally be on the logistics M&A through the end of May. The report will be available free for paid Substack subscribers but I’ll provide a summary and a link to the report in case you’re interested in either purchasing it separately or paying for an anuual subscribtion to my Substack articles.
However, one month shy of its expected launch in September, reports claim that Apple is facing production issues regarding the iPhone 8 and its release could be delayed by three to four weeks. Industry sources also said that iPhone shipments are being held back by supply of OLED panels and yield rates at assembly as output of the 5.8-inch
Globally, governments around the world are upgrading their procurement functions with a fresh perspective. The New Government Procurement Act is at the forefront of these reforms, introducing transparency, efficiency, and accountability in public spending. The Philippines has enacted the New Government Procurement Act (Republic Act No.
Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. SouthKorea based LG Chem announced this week a planned $3.2 Announcement. The facility reportedly will supply battery component needs for U.S. Under new U.S.
Supply Chain Matters provides readers and clients with a further installment in our global supply chain assessment series in providing highlights on reported June and Q2- 2024 global PMI activity levels. Germany, Austria and Poland were reported as the three lowest PMI activity levels. average reported for Q1-2024.
Supply Chain Matters provides a monthly highlights of reported January 2024 global and regional production and supply chain PMI indices. Overall, global activity reportedly showed signs of increased production output and corresponding activity levels, but the gains were mostly in developing and lower-cost regions. increased 1.1
In our summary and perspectives focused on July 2022 reporting , we opined that July data reinforced a trending toward declining global supply chain production momentum. Morgan Global Manufacturing PMI® report, a composite index produced by J.P. The two recognized PMI reports for U.S. The two recognized PMI reports for U.S.
Supply Chain Matters provides readers with a further installment in our global supply chain assessment series, specifically in providing highlights on reported August 2024 global wide PMI activity levels. Global Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. This composite index produced by J.P.
Many metrics can be used to determine the top 3PL warehousing companies, such as company revenue, the number of warehouses, total warehouse square footage , etc. This compilation is based on the most currently available company revenue data (between 2018 and 2020) without factoring in any other metric. Revenue: JP¥ 1,829 billion/ $16.5
Supply Chain Matters provides readers with a September and Q3-2024 global supply chain assessment focused on reported global wide PMI activity levels. The reported September data provides added reinforcement of a global manufacturing slowdown occurring at the end of Q3-2024. The reported September value declined to 45.0
Supply Chain Matters provides highlights and perspectives on reported July 2023 global and regional production and supply chain PMI indices. Global Wide Manufacturing Activity Levels Global manufacturing activity as reported by the J.P. The July reported value of 48.7 The July reported value of 48.7 declined 0.7
Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. However, the published index indicated expansion level was rather mild, and was missing PMI data from SouthKorea which experienced a slight PMI contraction. reading reported at the end of 2023.
In 2022, the US CHIPS and Science Act boosted domestic research and manufacturing of semiconductor chips which led to fewer purchases of semiconductors from China. In 2010, China restricted exports of rare earth elements to Japan following a territorial dispute, sending prices soaring and Japan scrambling to find alternative sources.
This pandemic clearly showed that the global digital infrastructure and global apps have been instrumental in instant communication, business continuity as well as reducing COVID-19 spread in such countries as SouthKorea and Singapore. 2) Real-time visibility is extremely valuable during times of crisis! What can we do for you?
This pandemic clearly showed that the global digital infrastructure and global apps have been instrumental in instant communication, business continuity as well as reducing COVID-19 spread in such countries as SouthKorea and Singapore. 2) Real-time visibility is extremely valuable during times of crisis! What can we do for you?
China, Japan, and SouthKorea are among the top consumers , driven by their increasing demand for lithium-ion batteries in electric vehicles and other high-tech applications. To meet this demand and ensure a sustainable supply chain, Australia, Chile , China, and Brazil are proactively ramping up their lithium production.
Source Sensibly and Sustainably. South-East Asian nations such as Malaysia, Vietnam, and the Philippines are ready with substitutes or alternative suppliers. Highly developed nations such as SouthKorea and Taiwan may fill in the technology gap. Repeat purchases beat finding new customers any time.
In Japan and SouthKorea, it’s the LINE messaging app. And for Europe and South-East Asia, it’s definitely WhatsApp. One good reason to use a software solution is to manage multiple currencies for your customers, suppliers, sales and financial reports. Follow What Your Customers and Suppliers Use.
Ford and China based Contemporary Amperex Technology (CATX) have plans to build a domestic sourced battery production facility in Michigan. Ford reportedly had concerns on the growing cost of nickel and cobalt metals. This planned $3.5 billion facility will be located in Marshall, Michigan , about 100 miles west of Detroit.
The Suez Canal Company's shares were purchased by Great Britain in 1874, making it the sole owner. billion of its total revenue in the fiscal year 2014, placing it as the third-largest source of income in the nation. New age of European dominance in Pacific Asia began with the opening of the Suez Canal in 1869.
According to the annual consumer survey released today by the National Retail Federation and Prosper Insights & Analytics, approximately 76 percent of US adults are expected to celebrate Father’s Day. And to celebrate, they will spend. UPS said a trial run is focused on New York City and in several cities in Europe.
In our continuing global assessment series, Supply Chain Matters provides readers with highlights of the November 2024 monthly reported global and regional wide PMI activity levels. Global Wide Manufacturing Output Levels Global-wide manufacturing levels as reported by the J.P. reported for October. reported for October.
Claire Jones ( @senoj_erialc ), a global economy reporter for the Financial Times Alphaville, explains, “The advent of hyper-globalization involved three drivers from the political, technological, and policymaking spheres. ” They go on to predict, “U.S. ”[4]. .” lacks, such as 5G equipment.
For instance, key smartphone components such as processors, displays, and batteries are often sourced from countries like China, SouthKorea, and Taiwan. If these cost increases are passed on to consumers, tariffs could ultimately influence consumer purchasing behavior. #2 appeared first on Resilinc.
Regulatory and legal risks Over 100 companies in the supply chain source components from entities linked to Uyghur forced labor , creating compliance challenges. Source: Exiger Proprietary 2. China, Japan, and SouthKorea account for nearly 20% of supplier countries across three levels of bills of material.
”[1] He went on to note, “In 1961, a USAID report declared that SouthKorea, now one of the worlds most advanced economies, was ‘a rat hole [and] bottomless pit’ of aid. Those sources insisted, “The freeze in purchases of wheat, soybeans and other commodities produced by U.S.
Supply Chain Matters provides readers with summary highlights and perspectives relative to supply chain assessments as reported by various published global wide PMI indices. reported for March. Specifically reported: World manufacturing operating conditions deteriorated for the first time in four months in April.
Egypt's Suez Canal offers 15% discount for big container ships to win back trade Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday.
The newly announced tariffs join steel and aluminum tariffs, a 25% tariff on all automotive imports, and a 25% tariff on any country that purchases oil from Venezuela already in effect though only the Venezuelan tariff will be stacked on top of global or reciprocal tariffs. Lower consumer demand will lower demand for freight.
The newly announced tariffs join steel and aluminum tariffs, a 25% tariff on all automotive imports, and a 25% tariff on any country that purchases oil from Venezuela already in effect though only the Venezuelan tariff will be stacked on top of global or reciprocal tariffs. Lower consumer demand will lower demand for freight.
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