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Sourcing/Procurement/SRM: Page 64

Israel Giving Intel $3.2B Grant to Build New Chip Plant

Construction has already begun at the Fab 38 plant, which is due to open in 2028 and operate through 2035.

Santa Clara, California. March 2018. Photo: iStock.com/JHVEPhoto

India Plans to Expand Its Coal Power Fleet to Meet Soaring Demand

The nation intends to add almost 88 gigawatts of new capacity by early 2032, a 63% increase from a previous plan published in May 2023.

Photo: Dhiraj Singh/Bloomberg

Capital Product Partners Finalizes $3B Acquisition of 11 LNG Vessels

Capital Product Partners entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP on November 13, 2023 to acquire 11 LNG vessels from Capital Maritime.

Photo: iStock.com/Автор

U.S. Launches Semiconductor Supply Chain Review Due to China Concerns

The survey aims to identify how American companies are sourcing legacy chips as the country looks to award almost $40 billion in subsidies for semiconductor chip manufacturing.

Photo: iStock.com/William_Potter

Over 1.3M Jobs Supported Through Supplier Diversification in 2023

Companies generated $104 billion of income and $31.4 billion in tax revenues through diverse and small supplier spending over the past 12 months.

Photo: iStock.com/Stella_E

Will Procurement Finally Become Truly Strategic in 2024?

For most brands, 2023 hasn’t been a stellar year, and instead has been more one of consolidation and treading water. That’s not likely to change soon.

Photo: iStock.com/gorodenkoff

How Automation Can Help FMCG Supply Chains Weather the Storm

Fast-moving consumer goods (FMCG) supply chains continue to find themselves dealing with both labor shortages and external pressures due to global disruptions.

Photo: iStock.com/gorodenkoff

Three Ways to Enhance Procurement Value Through Risk Management

From scenario planning to relationship building, procurement teams are in a new era of risk management that will be crucial for long-term success.

Photo: iStock.com/Ronnakorn Triraganon

How Generative AI Promises to Transform Procurement

As the landscape of supply chains grows increasingly complex and data-driven, the role of artificial intelligence becomes more critical in streamlining procurement processes.

Photo: iStock.com/Udomdech Jaroenthanaporn

Shipbuilder Samsung Ordered to Pay $290M Over Defects

Samsung Heavy Industries said an arbitration tribunal ruled during the week of December 12 that SHI must pay $290 million to SHIKC1 Shipholding S.A. and SHIKC2 Shipholding S.A.

Klaipeda, Lithuania. Photo: iStock.com/Natallia Pershaj

EasyJet Shareholders Approve $20B Plane Order

The British low-cost airline held a general meeting with shareholders December 19 in Luton, London to get approval for its largest aircraft order yet.

Luton, U.K. Photo: Bloomberg

White House Hosts First Meeting of Supply Chain Resilience Council

While most supply chain disruptions have dissipated, continued challenges led to the White House giving supply chains another bump in the news cycle with its inaugural meeting of the Council on Supply Chain Resilience.

Photo: iStock.com/lucky-photographer

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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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