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Global Supply Chain Management: Page 162

Soaring EV Sales Could Still Leave World Short on Emissions Goal

Shipments of plug-in passenger vehicles surged to around 27 million units in 2023 as sales jumped in China and the U.S., offsetting slower growth in Europe.

Great Wall Motor Ltd.'s Ora Good Cat. Bangkok, Thailand. Photo: Bloomberg

Near-Shoring in Mexico: More than Manufacturing

About 88% of U.S.-based small and medium-sized businesses (SMBs) will reorganize their supply chains to leverage suppliers in the U.S. or Mexico in 2023.

Photo: iStock.com/Oleksii Liskonih

Lithium Shortages Could Hand Salt a Starring Role in EV Shift

BloombergNEF expects sodium to take market share from the cheapest, lowest-range end of the Chinese car market, potentially displacing 272,000 tons of demand for lithium by 2035.

Photo: Krisztian Bocsi/Bloomberg

Europeans Reluctant to De-Risk from China, Survey Says

Forty-six percent of those interviewed said they viewed China as an “ally or necessary partner” compared to just 35% who saw Beijing as a “rival or adversary.”

Shanghai, China. Monday, Oct. 17, 2022. Photo: Qilai Shen/Bloomberg

BBC, British Airways, Nova Scotia and More Victimized by Supply Chain Hack

U.S. and U.K. cybersecurity officials said that a Russian cyber-extortion group had hacked a file-transfer program known as MOVEit, which is used to securely share files.

Photo: iStock.com/Pavel Muravev

Schneider Electric Earns Top Spot on 2023 Gartner Supply Chain Top 15 for Europe

With a composite score of 5.98, Schneider Electric earned the top spot on Gartner's European list followed by L’Oréal, Diageo, Inditex and Siemens.

Houston, Texas. Photo: iStock.com/Brett_Hondow

Japan's Kishida Unveils Policy Proposal Before Potential Polls

Some of the issues covered in the proposed policy plan include supply chain resiliency, sustainability initiatives, labor market reforms and improved childcare support.

Fumio Kishida, in Tokyo, Japan. Thursday, April 20, 2023.Photo: Bloomberg

Fed Index of Global Supply-Chain Stress Plummets to Record Low

The Global Supply Chain Pressure Index fell to -1.71 in May 2023, marking the lowest level on record based on data going back to 1997.

A port in South Korea. Photo: Bloomberg Creative Photos/Bloomberg

Flexport Completes Acquisition of Shopify Logistics

In connection with the sale that was originally announced May 3, 2023, Shopify received stock that equates to 13% equity in Flexport.

WE Soda Presses Ahead with U.K. IPO, Likely to Be London’s Biggest Listing of 2023

The organization said indirect net proceeds from the offering are expected to be about $800 million while the company could reportedly seek a $7.5 billion valuation.

London, U.K. Tuesday, March 14, 2023. Photo: Hollie Adams/Bloomberg

Over Half of SMBs Experienced Demand Drops in the Last Year

Due to a drop-off in consumer demands over the last 12 months, 36.1% of small- and medium-sized businesses are now faced with excess inventories.

Photo: iStock.com/wichayada suwanachun

How Automated Tax Compliance Can Improve Supply Chains

Despite all the different channels that retailers are selling from, the customer still expects a consistent buying experience, and one aspect of that is sales tax.

Photo: iStock.com/Phira Phonruewiangphing

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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.

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