The European regulatory body has recently introduced a series of recommendations aimed at bolstering the supply chains of essential medicines identified as vulnerable. This initiative seeks to enhance the availability of critical pharmaceuticals and address potential supply chain risks. The regulatory group responsible for monitoring medicine shortages has developed these recommendations under a specific EU…
DetailsAs multinational companies worldwide prioritize the diversification of their supply chains, two rising Asian economies have emerged as key beneficiaries: India and Vietnam. According to a recent analysis, the electronics and machinery sectors in India are poised to experience a significant increase in exports in the coming years, positioning these nations as attractive alternatives within…
DetailsIn a significant move towards bolstering Japan’s hydrogen supply chain infrastructure, a coalition of more than 400 Japanese companies and organizations has announced plans to establish a $1 billion fund. The initiative, set to be launched as early as the fiscal half ending September, aims to prioritize investments among the countries participating in the Indo-Pacific…
DetailsResearchers from a leading university have found that improved refrigeration could eliminate nearly half of global food waste, significantly enhancing food security and reducing climate impact. The study reveals that about a third of the food produced globally each year goes to waste, while approximately 800 million people suffer from hunger. By implementing fully refrigerated…
DetailsThe electric vehicle (EV) market is experiencing rapid growth, with projections indicating that EVs could make up 86% of global vehicle sales by 2030. This surge is driven by increasing environmental awareness and government incentives promoting cleaner transportation options. A crucial opportunity within this momentum is the enhancement of the supply chain for essential minerals.…
DetailsThe global effort to diversify supply chains beyond China is creating significant opportunities for India and Southeast Asia. Recent policies and initiatives in India, such as the Make in India initiative, Industrial Corridor Development Program, Production Linked Incentives (PLI), India Semiconductor Mission, and National Logistics Policy, have successfully elevated the country’s global standing. De-risking supply…
DetailsThe Philippine Economic Zone Authority is implementing advanced strategies to revolutionize the logistics and supply chain sectors, aiming to attract more industrial investments and bolster ecozones. At the Future of Logistics 2024 forum in Makati City on May 29, the authority’s director-general highlighted transformative measures to enhance service delivery. Key initiatives include automating systems and…
DetailsAccess to health care for women in rural communities remains a critical issue worldwide, particularly in the least developed countries. While more clinics have been established, these alone are insufficient to meet all health care needs due to significant supply chain challenges. Recent research in rural Senegal, a country with high levels of contraceptive stock-outs,…
DetailsSupply chain dynamics affecting the global delivery of new aircraft are anticipated to extend until 2026, according to the International Air Transport Association (IATA) Director General. “Our assessment is that the situation remains stable,” stated the IATA head during an interview at the annual meeting in Dubai. “We foresee these dynamics continuing through this year,…
DetailsA Moroccan agritech startup has successfully raised $7 million in pre-Series A funding to transform the supply chain connecting smallholder farmers with traditional retailers of fruits and vegetables. The investment round was led by prominent venture capital firms, including Al Mada Ventures, Algebra Ventures, E3 Capital, Janngo Capital, and the Dutch Entrepreneurial Development Bank (FMO).…
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