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Sourcing/Procurement/SRM: Page 68

Gemcorp Sets Up $1B Fund to Tap Saudi Arabia Projects

The fund will target investments in projects that are aligned with Vision 2030, Crown Prince Mohammed Bin Salman’s plan to transform the Saudi economy away from reliance on oil.

Photo: Bloomberg

Meeting Electric Vehicles’ Increasing Demand for Rubber

The global demand for rubber is increasing. That’s a problem for all automotive manufacturers, but especially for electric vehicle producers.

Photo: iStock.com/PAVEL IARUNICHEV

India Plans Local Material Mandate for Solar Module Makers

The government aims to initially make local manufacturing of solar cells mandatory, Power and Renewable Energy Minister Raj Kumar Singh said at a live-streamed event in New Delhi October 20.

Photo: iStock.com/tigerstrawberry

Three Ways Master Data Management Can Achieve Distributor Success

Wholesale distributors have long been masters of product inventory management, but now they must also take charge of another type of inventory.

Photo: iStock.com/SeventyFour

Rutgers Business School to Host Arkestro’s Museum of Procurement

The Museum will be located for a spell in Newark, N.J., in celebration of the procurement industry’s history and future.

Dr. Arash Azadegan, Ph.D., professor and vice chair of the Supply Chain Management Department at Rutgers Business School at the ribbon cutting September 12 of Arkestro's Museum of Procurement. Photo: Rutgers

Bankrupt Rite Aid Settles with Drug Supplier McKesson to Avoid Shortages

Lawyers for the two companies said that they’ve agreed in principle to a settlement that will end a lawsuit Rite Aid filed against McKesson over their supply agreement.

Photo: Bloomberg

Procurement’s Need for Digital Transformation in the Spotlight at DPW 2023

Digital transformation is not a project with a start and an end-date; it’s a continuous process, says David Rogers of Columbia Business School.

The bots are coming. Are you ready? Photo: Helen Atkinson

Navigating the Great Supply Chain Reset

The last few years have seen a confluence of factors that can affect the supply chain. It’s become clear there’s no one clear “gotcha” moment that upset supply chain reliability.

Photo: iStock.com/insta_photos

Carmaker Xpeng Suspends VP of Supply Chains Over Corruption Probe

Xpeng shares were up by roughly 2% on October 11 in pre-market trading after the stock fell by more than 10% on October 10.

Shanghai, China. Photo: iStock.com/Robert Way

Innovative Supply Chain Strategies for Navigating International Expansion

Following are some innovative supply chain strategies for propelling businesses toward success.

Photo: iStock.com/Khanchit Khirisutchalual

Ford Sales Rose in the U.S. During the Third Quarter

Ford saw its sales of electric vehicles, hybrids and trucks each increase by double-digit percentages during the third quarter of 2023.

Krasnoyarsk, Russia. Photo: iStock.com/Vera Tikhonova

Finding ROI in Sustainability

Companies are wise to proceed cautiously as they integrate sustainability, resilience and commercial objectives.

Image: iStock.com/pcess609

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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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