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Global Supply Chain Management: Page 159

Semiconductor Unpredictability: Prescriptive Advice for Business

When the next super cycle hits, the basic problems of the global supply chain will not be resolved, and most likely the market will lag for several more years.

Photo: iStock/kynny

Global Chip Race Touches Off Spending Spree, Led by Intel’s $50-Billion Campaign

Combined, the U.S., EU, Japan and India have committed more than $100 billion in subsidies to attract the likes of Intel, Taiwan Semiconductor Manufacturing and Micron.

Newport, U.K. August 2022. Photo: Bloomberg

Eden Green Is Set on Fixing America’s Produce Sourcing Problem

Nine times out of ten, people on the East Coast are eating lettuce that has traveled more than 3,000 miles, a problem Eden Green is trying to fix.

Photo: Eden Green

Hyundai Raises 2030 Electric-Vehicle Sales Goal to 2M

Hyundai also plans to spend about $85 billion to boost production and make progress in areas such as hydrogen cars, EV batteries and software for future mobility.

Photo: Bloomberg

World’s Top Dairy Maker Plans Chicago Expansion After $3.2bn Kraft Deal

The family-owned company plans to hire almost 100 people at its Chicago offices over the next 12 months, according to Peter Cotter, CEO of Lactalis Heritage Dairy.

Brooklyn, New York. July 2022.Photo: Gabby Jones/Bloomberg

Kinaxis Unveils New Supply Chain Innovations

Kinaxis highlighted four new product innovations during the first day of its annual customer community conference, Kinexions, which began June 20.

Photo: iStock.com/Chainarong Prasertthai

Saudi Arabia’s PIF Leads Bidding for $2.5bn Vale Base Metals Stake

Saudi Arabia's Public Investment Fund is reportedly in advanced discussions over a deal for a roughly 10% holding in Vale SA's base metals unit.

South Sulawesi, Indonesia. June 2022. Photo: Bloomberg

China to Sign New 27-Year LNG Deal with Qatar to Secure Fuel

China National Petroleum will seal a 27-year liquified natural gas purchase agreement of 4 million tons annually with QatarEnergy, according to a person with knowledge of the matter.

Photo: Bloomberg

U.S. Business Logistics Costs Reach All-Time High

U.S. business logistics costs grew by 19.6% year-on-year in 2022 after coming in at $1.937 trillion in 2021, according to CSCMP's annual State of Logistics Report.

Photo: iStock.com/B4LLS

Successfully Delivering Digital Twins for Supply Chain Management

Benefits of digital twin technology for supply chain managers include reductions in operating expenditures and an overall greater business resiliency.

Image: iStock.com/Roman Barkov

Rethinking the Biotech Manufacturing Supply Chain

The pharmaceutical industry has an opportunity to move production onshore. It should take it.

Image: iStock.com/jittawit.21

Billionaire Reuben Brothers Sue Trafigura Over Nickel Fraud

Trafigura said it expected to lose nearly $600 million due to “systematic fraud” perpetrated by businessman Prateek Gupta, according to legal filings seen by Bloomberg.

Photo: Cole Burston/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

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

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Moving Robots Site-to-Site