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Think Tank
Sales & Operations Planning: Page 15
Japan Retail Sales Rebound, Adding to Signs of Recovery
Spending rose by 1.3% from April 2023 to May 2023, according to a June 29 statement from the economy ministry, beating economists’ expectations of a 0.8% increase.
General Mills’ Sales Took a Hit in the Most Recent Quarter
Despite the volume drop-off, the company behind Cheerios and Bisquick pancake mix increased its revenues through core business operations by 3% during the most recent quarter.
Master Lock Closing Milwaukee Plant After 100 Years of Operations
Employees claim that more than 400 jobs will be sent abroad to Mexico and China where the company currently houses manufacturing facilities.
Airbus Outsells Boeing as Focus Shifts from Buying to Building
North American and European carriers sat largely on the sidelines while Airbus raked in a record-setting deal for 500 narrowbody jets from low-cost carrier Indigo.
Innovative Supply Chain Center Solution Launched in Illinois
The center will cater to the state’s SMMs and OEMs, providing them with the tools and services needed to strengthen their supply chains.
VW, Glencore Back $1bn SPAC Mine Deal to Secure EV Metals
According to a June 12 statement, London-listed ACG Acquisition Co. is buying the assets from the private equity firm Appian Capital Advisory.
U.K. Government Providing £31mn for Sustainable Food Production
So far, in 2023 alone, the government of the United Kingdom has made £168 million available to farmers and food producers across the country.
Saudi Arabia Signs $5.6bn EV Manufacturing Deal with Chinese Company
The memorandum of understanding accounted for more than half of the $10 billion of investments signed by the Kingdom and China during the Arab-China Business Conference.
Seven in Ten Supply Chain Professionals Still Experience Significant Challenges
In DispatchTrack's "2023 Supply Chain Perspective" survey, 72% of professionals said they're still experiencing significant supply chain challenges despite claims that the global crisis has improved.
WE Soda Presses Ahead with U.K. IPO, Likely to Be London’s Biggest Listing of 2023
The organization said indirect net proceeds from the offering are expected to be about $800 million while the company could reportedly seek a $7.5 billion valuation.
Toyota Indus Halts Production Due to Supply Chain Issues
In an official notice sent to the Pakistan Stock Exchange, Toyota Indus said it would shut down production from June 3 through June 8, 2023.
Italy Starts €1 Billion Sovereign Fund for Key Supply Chains
The fund hopes to “stimulate the growth and consolidation of national strategic supply chains" according to a statement from Italy’s industry ministry.
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