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Sourcing/Procurement/SRM: Page 59

U.S. Providing $710M in Loans to EV Technology Projects

The larger of the two preliminary loan commitments announced went to a unit of the South Korean semiconductor company SK Siltron.

Photo: iStock.com/SouthWorks

Walmart Easing Delivery Requirements for Suppliers

Walmart said that it wants its suppliers to deliver shipments on-time 90% of the time and in-full 95% of the time.

Walmart Storefront I Stock 1205217071

Volkswagen Plans to Supply EV Parts, Cells to India’s Mahindra

Mahindra will equip some of its five planned electric sport utility vehicles with components from Volkswagen’s MEB platform and unified cells, the carmaker said in an exchange filing February 16.

Photo: Krisztian Bocsi/Bloomberg

General Motors, Panasonic Sign Investment Deals with Canadian Graphite Producer

GM and Panasonic have each committed to purchase 18,000 metric tons of active anode material annually over a period of six to seven years, Nouveau Monde Graphite said.

Photo: iStock.com/Dziggyfoto

Oil Demand Growth Slowing as Non-OPEC Supply Increases

The IEA said that it anticipates oil demand will peak by 2030 as the world attempts to transition to cleaner energy sources. OPEC says it will peak after 2044.

Photo: iStock.com/tifonimages

Podcast | Can Mexico Live Up to Its Potential as a Nearshoring Hub?

As manufacturers look to shift production to North American, Mexico appears to hold all the cards. But is there a joker or two in the deck?

P24 Mexico

Energy Chief: U.S. ‘Very Concerned’ About China’s Dominance of Critical Minerals

Energy Secretary Jennifer Granholm said that the U.S. is currently updating its laws, including a 150-year-old mining regulation, to ensure the “sustainable and efficient” extraction of critical minerals.

Photo: iStock.com/Andrzej Rostek

Accenture Agrees to Acquisition of Insight Sourcing

Accenture will absorb roughly 220 consultants from Insight Sourcing and gain access to the company's portfolio of more than 40 technology procurement tools.

Mississauga, Ontario, Canada - July 14, 2019: Accenture building in Mississauga, Ontario, Canada, a professional company provides services in strategy, consulting, digital, technology and operations.

How 3D Printing Will Change Supply Chains and Improve Sustainability

As the technology has advanced and become more available, 3D printing is expected to become an integral part of many industries’ operations and could ultimately help companies achieve sustainability goals.

Photo: iStock.com/Grafner

QatarEnergy Picks Nakilat to Own and Operate up to 25 Newbuild LNG Ships

The carriers, each with a capacity of 45.96 million gallons, will be wholly owned by Nakilat and chartered out to affiliates of QatarEnergy.

An LNG carrier vessel. Photo: iStock / nikkytok

New Technology Is Driving a North American Auto Manufacturing Renaissance

Between now and 2030, North American automakers have the potential to leverage new processes and practices to reduce their production costs while reimagining a traditional domestic industry

Photo: iStock.com/PhonlamaiPhoto

Québec Surgical Equipment Shortage Could Delay Some Heart Surgeries

Dr. Louis Perrault, the president of the Québec Association of Cardiovascular and Thoracic Surgeons, said that the province has established a contingency plan if the situation worsens.

Photo: iStock.com/Akarawut Lohacharoenvanich

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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

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Moving Robots Site-to-Site