A recent McKinsey report indicates that, after years of shallow and fragmented supplier relationships, the clothing industry is now adopting a more strategic approach to its suppliers. Historically, the apparel sector has been characterized by a lack of supplier collaboration and limited long-term strategic partnerships, particularly in comparison to other industries. This was due to…
In a noteworthy development, Korea and the European Union (EU) have affirmed their commitment to enhancing collaboration in critical areas such as batteries, semiconductors, and advanced industries. This decision follows an announcement by Seoul’s industry ministry during the inaugural meeting of the supply chain and industrial policy dialogue, conducted via teleconference. The meeting, attended by…
New Jersey’s offshore wind industry is set to receive a substantial boost as Attentive Energy, a company proposing an offshore wind farm in the state, commits to investing $10.6 million in projects aimed at nurturing the industry’s supply chain and supporting ocean-based technology startups. Attentive Energy is among the four projects recently proposed in New…