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Think Tank
General SCM: Page 414
Navigating the Holiday Season: Managing High Retail Return Rates
By adapting their strategies, leveraging technology, and embracing innovative concepts like "keep it" returns and buy-online-return-in-store (BORIS) incentives, retailers can better manage the influx of returned items.
Takeaways From the Global Supply Chain Leaders Conference
More than 100 supply chain, logistics, manufacturing, and procurement professionals gathered in Houston to discuss the challenges and opportunities in today’s post-pandemic landscape.
U.S. Steel Agrees to Be Bought by Japanese Rival After Long Takeover Saga
The acquisition is a further consolidation of the industry in the United States, which is now dominated by three major companies: Cleveland-Cliffs, Nucor and Steel Dynamics.
BP Suspends Oil and Gas Shipment through Red Sea
BP is the first oil company to directly halt its own shipping, after five major ocean carriers halted service through The Bab al-Mandab strait.
Shanshan Considers €1.3B Battery Materials Factory in Finland
Shanghai Shanshan Lithium Battery Material Technology Co. Ltd has reserved a plot to construct a plant in the GigaVaasa industrial zone on the western coast of Finland.
TotalEnergies Building 216 MW Solar Plant in South Africa
The senior vice president of renewables at TotalEnergies, Vincent Stoquart, said that the venue will be made up of a solar plant as well as a 500-megawatt-hour battery storage system.
For Supply Chains, Resilience Isn’t Enough. You Need to Be Antifragile.
Most corporate survival strategies are crafted to help businesses withstand any number of unanticipated supply chain disruptions. But how many are poised to profit from times of adversity?
More Major Ocean Carriers Cease Red Sea Routes After Attacks
About 17,000 ships and 10% of global trade pass every year through The Bab al-Mandab strait, also known as the Gate of Tears, which is only 20 miles (32km) wide.
California Nuclear Plant's Operations Extended Through 2030
The California Public Utilities Commission agreed to extend the shutdown of the state’s last functioning nuclear power plant through 2030 instead of closing the venue down in 2025.
Maersk Stops All Red Sea Container Ship Traffic
Maersk said December 14 that its vessel, Maersk Gibraltar, was targeted by a missile when traveling from Salalah, Oman to Jeddah, Saudi Arabia.
Two Cargo Ships Attacked by Houthis in Red Sea
Both December 15 attacks, one missile-based and the other drone-based, came from a part of Yemen controlled by the Houthi rebel movement.
France Rejigs Rules for EV Aid, Leaving Out Most China-Made Cars
From December 15, France is offering a variable rebate based on household income on cars costing less than €47,000.
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