Now is the time to buy your Avocado toast Nothing has signified “luxury” in recent years more than buying avocado toast. But, as Australian farmers overestimated demand for avocados, they’re now sitting on a surplus of the green buttery fruit putting downward pressure on avocado prices. Go and stock up on the avocados while you…
Honda & LG Energy Partners Up to Build Li-ion Battery Plant We’re increasingly seeing manufacturers diversifying their supply-chain risks by moving some part of their supply chain away from the foreign bottlenecks, Honda’s joint venture with LG Energy, plan to build a Lithium Ion battery plant in the U.S. to supply batteries for the Honda…
How to use customer-centric supply chain management In a more data-driven world, savvy supply chain managers are using customer data to drive supply chain decision-making. Here’s how. How This Manufacturer Avoided Supply Chain Chaos Read how garment manufacturer, American Giant, avoided supply chain chaos by also avoiding over-reliance of overseas suppliers. Can AI Transform the…
Strike at UK’s Biggest Port Workers at UK’s biggest container port in Felixstowe went on strike this past week. The last time workers at this port went on strike was back in 1989. If global supply chains haven’t suffered enough these last two years, more delays are coming… Automakers Aren’t the Only Ones Dealing with…
Biden Wants CHIPS The global semiconductor chip shortage has been well-documented (is there a week we don’t write about here???). U.S. President Biden, recently signed the CHIPS and Science Act, hoping to boost US domestic semiconductor production and relying less on Asian semiconductor manufacturers. It makes sense as the world relies more and more on…
Canada looks to lose out on Intel’s plans for a semiconductor chip plant as suppliers look to spread out the supply risk from relying too much on Taiwan’s semiconductor industry. Looks like Intel is close to signing a $5B deal with Italy for said plant. Battery Company Puts Supply Chain First While most battery companies…
Here are the latest hand-picked curated issues in procurement and supply chain management you should know about: How Nike weathered the pandemic supply chain chaos with little disruption due to foresight by investing in supply chain technology. Retailers just can’t catch a break. Retail warehouses are feeling the bullwhip of high warehouse storage costs for…
As gasoline prices were going up, electric vehicle (EV) adoption has been having a hard time keeping up with demand. As semiconductor chip supply may stabilize by the end of this year going into 2023, the other supply chain constraint vehicle manufacturers face is sourcing batteries. Ford has been taking a pro-active stance in ensuring…
As the Russia-Ukraine conflict continues, Gazprom, Russia’s leading natural gas company) has halted gas delivery to three major European customers. Leaving European countries scrambling to prepare for the upcoming Winter season. So, can Europe survive without Russian natural gas? Here’s a look at this evolving issue.
As the global pandemic wreaked havoc on global supply chains, causing product orders to sit in warehouses and shipping ports due to supply chain delays, many manufacturers and importers tried to move their supply chain reliance away from China. But it’s not as easy as it sounds. I’ve had many discussions with people where they…