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Global Supply Chain Management: Page 147

Watch: Value Chain Leadership for the Supply Chain Executive

The difference between a value chain and a supply chain is that the first includes more of a feedback loop from the end consumer, according to Elsy Ocejo, vice president of supply chain at Illes Foods.

Elsy Ocejo

Australia Launches Review of National Freight and Supply Chain Strategy

The review, which was originally scheduled for 2024, will take place this year to ensure strong and resilient Australian supply chains.

Sydney, Australia. Photo: iStock.com/moisseyev

MSC Signs Second Vessel-Sharing Agreement with ZIM

The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.

Stade, Germany. Photo: iStock.com/eyewave

Hope for Offshore Wind Boom in Gulf of Mexico Dims with Low Bids

RWE Offshore U.S. Gulf LLC won a 102,480-acre (41,472-hectare) tract near Lake Charles, Louisiana for $5.6 million after just two rounds of bidding.

Photo: iStock.com/vice_and_virtue

Investors Want U.K. Companies to Do More to Prevent Slavery in Supply Chains

The investors said they're concerned that not enough firms have shared their findings related to modern slavery in supply chains.

Stone Town, Zanzibar. Photo: iStock.com/Nataliia Shcherbyna

Sugar Heads Toward Two-Month High on Concern Over Indian Exports

India has recently ramped up restrictions on rice exports as the nation tackles rising food costs before an election in 2024, prompting speculation about which commodity might be next.

Johor, Malaysia. Photo: Bloomberg

Indian PM Urges Critical Minerals Leaders to View Control as a “Global Responsibility”

Modi added that India could build an efficient and reliable supply chain in comparison to pre-COVID-19 supplies that “broke down” when the world needed them most.

Photo: iStock.com/Africanway

Trade Rep: China’s Rare Earths Dominance Can Lead to U.S. Vulnerability

U.S. Trade Representative Katherine Tai said that the U.S. is not where it wants to be in terms of supply chains and its reliance on China.

Photo: iStock.com/RHJ

Fossil Fuels Subsidized at a Rate of $13M Per Minute in 2022

The IMF found ending fossil fuel subsidies could cut global emissions outputs by 34% by 2030 when compared to levels seen in 2019.

Photo: iStock.com/Guven Polat

Applying AI to Logistics: For Now, It’s Mostly Just Talk

When it comes to applying artificial intelligence to logistics and the supply chain, the headlines might be slightly ahead of real-world use.

Image: iStock.com/photoschmidt

OPEC May Need to Cut Again as Fragile Members Recover, Citi Says

Iran, Iraq, Libya, Nigeria and Venezuela will add roughly 900,000 barrels a day of production this year and at least the same in 2024, the bank estimates.

El Tigre, Venezuela. Photo: Bloomberg

India's Modi Calls for Greater Supply Chain Resiliency

Modi said the COVID-19 pandemic emphasized the importance and need for resilient and inclusive supply chains during the 15th BRICS Summit in Johannesburg, South Africa.

Photo: iStock.com/JIRAROJ PRADITCHAROENKUL

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