As EV car adoption increases globally and car manufacturers declaring their move to 100% electric vehicles in the coming decade, the demand for battery materials is (and will) surge. And as the US-China trade war rages on, China may be considering throttling supply of rare earth materials needed in the manufacturing of electric vehicles and…
I went to Tom Lee Music to purchase a digital piano recently. When I asked the staff about availability, he mentioned, “We have no stock of the black coloured model and only one left of the white coloured model.” Before I could as more, he added, “I don’t know when we’ll get more stock in…
As the global pandemic continues to rage on, global supply chains are still being impacted – finding it hard to keep up with demand. Supply chains are having a tough time keeping up with the demand as e-commerce sales around the world have surged. Consumers seem to be riding out the pandemic by spending more…
As e-commerce is experiencing massive growth, the logistics services side is struggling to keep up with demand. GM (the American car manufacturer), has launched a new division, named BrightDrop [via Morning Brew]. This new division supplies electric vehicles in the B2B space. The vehicles are tied to a software platform as well enabling easy fleet management,…
Amazon’s growth can be partially explained by its ability to turn their own internal tools & need into profit centres (e.g. Amazon Cloud Services, Fulfillment by Amazon, etc). Anyone in the e-commerce space knows shipping is one of the largest (and expensive costs) expense in such a business. So, it makes sense Amazon looked to…
According to the Supply Chain Council of the EU (SCCEU), in Bangladesh, there has been incidents of abuse in public procurement funds allocated for emergency medical response and relief by government officials, political leaders and business executives due to the current COVID-19 pandemic.
While many companies are being hit hard in the food & beverage industry, Inspire Brands, the multi-branded restaurant group, with brands such as Arby’s and Buffalo Wild Wings, started rolling out the CMX1 platform for their global supply chain management. Time will tell whether this implementation will help them with cost savings and efficiency in…
Swedish autonomous drone truck startup, Einride, recently unveiled their autonomous vehicles called “Autonomous Electric Transport” or AET, with the hopes of being on the roads delivering freight starting as early as 2021. What’s so special about Einride’s vehicles? They don’t come with any steering wheels, accelerator pedals and even no windshields (basically removing the need for…
Uber supposedly “disrupted” (I hate that word) the taxi & transportation industry. So, it’s not surprising they also have a logistics/freight division. According to Morning Brew, Greenbriar Equity Group invested $500 Million into the freight division. Apparently the freight division is growing quite nicely (at 27% growth). What exactly do they do? The app matches…
Fast fashion retailer, Boohoo, via Retail Brew, is in hot water after an audit of their supply chain. The audit found Boohoo’s suppliers were guilty of paying lower than minimum wages and having their workers work in unsafe conditions. The lack of enforcement of standards & governance over their suppliers resulted in them being booted…