In the realm of supply chain management, achieving optimal efficiency and sustainability is a continuous pursuit for companies worldwide. Amid this quest, one prominent player in the industrial gas sector has emerged as a beacon of excellence, renowned for its meticulous approach to supply chain operations. With a global footprint spanning over 40 countries, this…
As the UK prepares for the upcoming General Election, the Chartered Institute of Logistics and Transport (CILT(UK)) is actively pushing for advancements in rail freight. Despite the election date remaining unset, the industry body is proactively shaping the direction of the election manifesto, regardless of the incoming government. A significant portion of their manifesto requests…
Retail supply chains have long been lauded for their efficiency and customer-centric approach. By understanding customer needs, driving innovation, and prioritizing safety and sustainability, retailers have set a high standard in logistics management. Jessica Ellery, director of infrastructure at a leading logistics company, highlights the parallels between retail and construction supply chains and suggests how…
Discover how innovative cold chain solutions are reshaping the pharmaceutical industry towards sustainability, reducing reliance on air transport and decreasing greenhouse gas emissions along the supply chain journey. Amidst tightening regulations on environmental, social, and governance (ESG) standards worldwide, pharmaceutical companies are rapidly transforming their value chains to prioritize sustainability. Leading firms in the pharma…
China’s logistics sector has demonstrated stable performance in the first quarter of this year, driven by accelerated industrial production and increased transport demand, according to a recent industry report. The index monitoring the country’s logistics market exhibited positive growth, standing at 51.5 percent in March, marking a significant increase of 4.4 percentage points from the…
Manufacturers worldwide reported further improvement to supply chains in March, indicating a gradual alleviation of disruptions caused by recent global events. The Global Manufacturing PMI, sponsored by JPMorgan and compiled by S&P Global, revealed that the time taken for factories to receive goods from their suppliers shortened on average during the month. The slight improvement…
In a significant move within the supply chain software sector, a prominent player has agreed to acquire another company for a staggering $839 million. The acquisition is set to bolster the buyer’s position in the market, adding innovative capabilities to its portfolio. The acquisition targets a company known for its “intelligent control tower” and real-time…
A new online Master of Science in Supply Chain Management program has been launched, offering students a comprehensive curriculum focused on the intricacies of supply chain operations. Supply chain management encompasses a wide range of activities involved in the production and delivery of goods and services, including procurement, transportation, inventory management, and logistics. This program…
In a strategic move to bolster the nation’s economic security, the United States has launched a comprehensive reform of the lithium-ion battery supply chain. The inaugural report in a series of three focuses on the crucial processing and refining stage of this essential supply chain. Assessing domestic efforts to enhance extraction and processing capabilities, the…
In a strategic move to bolster the global semiconductor supply chain, the United States and Mexico have announced a collaborative effort aimed at enhancing chip development capabilities. Against the backdrop of intensifying competition in the AI chip market, this partnership signifies a significant step towards ensuring resilience and sustainability in the semiconductor industry. The collaboration,…