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Think Tank
Global Supply Chain Management: Page 155
Optimize Indirect Spend with Autonomous Sourcing
Procurement leaders are still struggling with inefficient and costly processes when it comes to indirect spend. AI-powered autonomous sourcing can address this issue.
Iranian Ship Seized by Indonesia Under Suspicion of Illegal Oil Transfer
The Iranian-flagged vessel was apprehended July 7 while carrying out the illegal transshipment of oil to a Cameroonian tanker inside of Indonesia’s exclusive economic zone.
Tomorrow’s Procurement Will Be Shaped by Digital Automation in Supply Chains
Using technology to transform capabilities, talent pool and insights will help companies advance in the competitive business wars.
Boeing Struggling to Keep Pace with Airbus Through 2023 Despite June Deliveries
As of July 11, Boeing has reportedly delivered 266 aircraft to consumers, which is less than the delivery output recorded by Airbus through 2023.
Vast Majority of CEOs Worry About Supply Chain Human Rights Issues: Survey
Executives are also interested in bringing their supply chains closer to home, with 43% of CEOs with a resiliency problem saying they are either already on-shoring or considering it.
Watch: Building Intelligent Composable Supply Chains
Achieving an intelligent, composable supply chain is all about embracing heterogeneity in technology and data sources, says Rohit Tripathi, principal chief technology officer at Grid Dynamics.
Foxconn Withdraws from $19.5bn Indian Chip Project
Foxconn said that the decision was a “mutual agreement,” but that it is still “confident” about the country’s semiconductor hopes.
U.S. Cargo Import Volumes for 2023 Expected to Peak in August
Cargo import volumes in the United States are expected to increase to 1.94 million units during July followed by 2.03 million units in August.
German Production Drops as Factory Weakness Weighs on Growth
Output dropped 0.2% from April to May 2023 as a decline in pharmaceuticals outweighed more vehicle manufacturing, according to the Wiesbaden-based statistics office.
How ESG Goals are Redefining Relationships with Suppliers
Working with your suppliers to address your ESG priorities and execution plans communicates to them the steps they need to take to keep a relationship with you.
The Logistics Industry Contracted for a Second Consecutive Month in June
Inventory levels in the logistics industry, which recorded a score of 42.9 during June 2023, are contracting at the second-fastest rate in LMI history.
Saudi Arabia Hikes Its Oil Prices as Supply Cuts Extended
Saudi Aramco raised the prices of all grades to the U.S., northwest Europe and the Mediterranean, compared with July 2023, according to a price list seen by Bloomberg.
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