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Business Strategy Alignment: Page 124

How Intelligent Automation Can Enable Sustainability in Manufacturing

Despite the many challenges involved, it’s becoming clear that brands who adapt to this new reality will be the ones that secure consumers’ loyalty.

Image: iStock.com/Jian Fan

U.S. Allowing Samsung, SK Hynix to Receive American Chipmaking Tools in China

The authorization allows the companies to continue using their China-based chipmaking operations without having to apply for licenses with the U.S. to receive new equipment.

Photo: iStock.com/crstrbrt

A Four-Step Methodology for Leaner and More Effective Supply Chains

The methodology known as ESSA — for eliminate, simplify, standardize and automate — can help supply chains overcome an abundance of unusable technology as they pursue digital transformation.

Photo: iStock.com/sorn340

New CII Clause Adopted by BIMCO for Voyage Charter Parties

The clause, which aims to create more collaboration between charterers and shipowners to cut carbon emissions, was adopted by BIMCO’s Documentary Committee October 11.

Photo: iStock.com/Naeblys

Toyota, Idemitsu to Mass Produce Solid-State Batteries

This comes months after Toyota claimed that it would be shifting towards using solid-state batteries after working on the technology for over a decade.

Photo: iStock / PhonlamaiPhoto

Microsoft Inks First Renewable Energy Purchase Deal in Japan

Shizen Energy Inc. signed a 20-year agreement with Microsoft to provide 25 megawatts of solar power capacity from a project in the Aichi prefecture.

London, U.K. Photo: Betty Laura Zapata/Bloomberg

Over Three-Fourths of Companies Will Adopt Warehouse Automation by 2027

The top business priorities for supply chain organizations over the next two years are increasing productivity and efficiency (29%) as well as improving resiliency, continuity, risk and security (29%).

Photo: iStock.com/Vanit Janthra

REI Co-op Opens Distribution Center in Lebanon, Tennessee

The new state-of-the-art distribution center will serve more than 60 stores and 5.6 million REI members in the region.

Denver, Colorado. Photo: iStock.com/AlessandraRC

Procurement’s Need for Digital Transformation in the Spotlight at DPW 2023

Digital transformation is not a project with a start and an end-date; it’s a continuous process, says David Rogers of Columbia Business School.

The bots are coming. Are you ready? Photo: Helen Atkinson

Carmaker Xpeng Suspends VP of Supply Chains Over Corruption Probe

Xpeng shares were up by roughly 2% on October 11 in pre-market trading after the stock fell by more than 10% on October 10.

Shanghai, China. Photo: iStock.com/Robert Way

Chevron Australia Meeting with Unions for Mediated Talks

The unions and Chevron are scheduled to meet at 10:30 p.m. ET on October 10 for talks with Bernie Riordan, the commissioner of Australia’s Fair Work Commission.

Alberta, Canada. Photo: iStock.com/jewhyte

Tesla Cuts Prices of Top Models to Stoke Demand for More EVs

Tesla will update investors on the toll that price cuts have taken on earnings when it reports its third-quarter results on October 18.

Photo: Patrick T. Fallon/Bloomberg

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site