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Think Tank
General SCM: Page 441
Revised SYNACOMEX Grain Charter Approved by BIMCO
The revised charter party now features BIMCO’s anti-corruption clause and an updated version of war risks as well as sanctions clauses.
Pakistan PM Wants to Make the Country into a Trade, Transit and Transport Hub
At a forum held during the 2023 Belt and Road Forum in Beijing, China, PM Kakar said that the country has already operationalized its deep seaport of Gwadar.
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.
India Extends Sugar Export Curbs in Risk to World Supply
The government will continue its curbs on overseas shipments of the sweetener beyond October 31, according to a notice from the Directorate General of Foreign Trade on October 18.
China Says the Move to Limit Chips Will Hurt Supply Chains, Cause Big Losses
The export control revisions announced October 17 aim to prevent the use of chips in military applications, including the development of artificial intelligence as well as hypersonic missiles.
Volta Trucks Files for Bankruptcy Following Supply Chain Breakdowns
The decision to file for bankruptcy comes just two months after the organization’s battery supplier, Proterra Inc., also filed for bankruptcy.
The Supply Impacts of the Gaza Conflict Depend on the War's Escalation
At least one shipping line has said that maritime operations have been normal at the Port of Ashdod as of October 9.
Chevron Australia, LNG Workers Agree on Deal One Day Before Strikes
The Offshore Alliance union representing workers at the Gorgon and Wheatstone plants said that it called off strike actions scheduled for October 19.
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.
Introducing 1Exiger Supply Chain Platform and UX
Brendan Galla, chief product officer with Exiger, describes 1Exiger, the company’s platform for proactive risk and supply chain management, and automation of decision flows
Executives Say IT Investments Affect Their Company's Sustainability
Lowering energy costs was cited as the most important reason for companies when it came to investing in IT for sustainability.
Primark Planning Expansion in the Southern U.S.
By the end of 2023, Primark will have opened eight stores in the U.S. with a plan to open 60 stores in the United States by 2026.
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