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Think Tank
Technology: Page 204
Saudi Output Cuts Will Tighten Oil Market Sharply, OPEC Data Signals
Global oil consumption will exceed supplies by roughly 2.7 million barrels a day during July 2023 based on a June 13 report from OPEC.
Watch: Proximo Spirits' Journey to Decision Intelligence: A Case Study
Luis Gonzalez, global supply chain director of Proximo Spirits, a subsidiary of Becle, relates the company's search for a decision-intelligence tool, and its partnership with Aera Technology.
Supply Chain Forecasting: The Machine Learning Revolution
Machine learning, a subset of artificial intelligence, is a game-changer that allows businesses to transcend outdated methods and transform the way they operate.
Biden Administration Pledges $192mn for Battery Recycling Initiatives
As of June 13, 2023, the Biden-Harris Administration has pledged almost $3 billion toward domestic battery manufacturing and recycling efforts.
American Trucking Association Believes the I-95 Collapse Will Impact Supply Chains
While an official timetable has not yet been established, Pennsylvania Governor Josh Shapiro said fixing the impacted portion of the highway could take "a number of months."
ASCO Asks Regulators to Monitor Supply Chains Dealing with Cancer Drug Shortages
Medical supply chains are experiencing a "severe" shortage of cancer drugs after carboplatin and cisplatin were reportedly found to be in “extremely short supply.”
Dutch Seek to Bar Chinese Students from Tech Courses in Chip War
The clear intention is to prevent students from China from gaining access to sensitive materials in their studies according to people with knowledge of the matter.
Why Should You Audit Your Freight Bills?
As transportation costs continue to rise and supply chains become increasingly complex, the demand for freight audit and payment services will likely grow.
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.
GM Investing Over $630mn in Fort Wayne Assembly Plant
Since 2013, GM has invested over $31 billion in U.S. manufacturing and parts distribution including $2 billion in the Fort Wayne Assembly plant.
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.
Vietnam’s Factories Boost Operations as Power Shortages Ease
Manufacturers in Bac Giang can now operate from midnight until 5 p.m. after factories were previously told to curtail production between 5 p.m. and 7:45 a.m.
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