In a significant step towards sustainability, a major player in the industry recently revealed impressive advancements in its supply chain’s journey towards renewable energy usage. Over 95% of its direct manufacturing expenditure is now committed to transitioning to 100% renewable energy by the year 2030. This monumental achievement reflects a substantial increase from previous years,…
Korean and Taiwanese textile industries are joining forces to bolster their global competitiveness through enhanced collaboration in the supply chain. This initiative was highlighted by the leaders of both sectors during the 18th annual Korea-Taiwan Textile Industry Conference held in Busan. At the conference, chaired by the Korea Federation of Textile Industries (KOFOTI) and the…
Artificial intelligence (AI) is revolutionizing global trade by transforming product classification and compliance processes. Importers and exporters face challenges in navigating complex regulations and matching product details with tariff codes. However, AI-powered tools are enhancing efficiency and accuracy in these critical areas. Anne van de Heetkamp, a contributor to SCB, highlights the significance of AI…
RenewableUK, alongside the Offshore Wind Industry Council, The Crown Estate, and Crown Estate Scotland, has unveiled an ambitious Industrial Growth Plan to triple manufacturing capacity in the UK offshore wind sector over the next decade. With 32,000 employees currently, the UK offshore wind industry is poised for significant growth. Each new large-scale offshore wind farm…
In a recent interview with Michael Jacobs, Senior Vice President of Supply Chain at a leading distributor of plumbing and heating products, insights were shared regarding the company’s groundbreaking initiatives to enhance customer satisfaction through supply chain optimization. The company serves a vast customer base across the US and Canada, offering a diverse range of…
In a recent interview with Michael Jacobs, Senior Vice President of Supply Chain at a leading distributor of plumbing and heating products, insights were shared regarding the company’s groundbreaking initiatives to enhance customer satisfaction through supply chain optimization. The company serves a vast customer base across the US and Canada, offering a diverse range of…