(IN BRIEF) PwC’s latest Protecting People & Prosperity report finds that 32 percent of semiconductor output will rely on copper sources exposed to severe drought by 2035, rising to 58 percent by 2050 without emissions cuts. As semiconductors underpin digital … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged AI, chip manufacturing, circular economy, climate adaptation, climate disruption, copper supply, desalination, drought risk, ESG, Glenn Burm, global trade, Lynne Baber, material innovation, Protecting People & Prosperity, PwC, renewable energy, Semiconductor industry, supplier diversification, supply chain resilience, sustainability, water recycling
(IN BRIEF) In Wolfsburg, Volkswagen AG celebrated its 21st Group Award, honoring ten suppliers whose innovations, resilience, and strategic support have driven the automaker’s performance and future-readiness. The preceding “Mission: Possible” Supplier Management Conference convened 120 key partners to discuss … Read the full press release
Posted in Automotive, Awards, Business, Environment, Financial, Germany, Industrial, Investment, Management, Marketing, Media, News, Technology, Transportation & Logistics
Tagged Aptiv, Astemo, Autostadt Wolfsburg, Awards, Dirk Große-Loheide, electrification, Gestamp Automoción, Huizhou Desay SV Automotive, leadership, Magna International, Mission Possible, Operational Excellence, procurement strategy, Quality Plated Plastics, risk management, Steel Dynamics, strategic alignment, supplier management, supply chain resilience, sustainability, Texas Instruments, Valeo, Vodafone Group, Volkswagen Group Award
(IN BRIEF) The EIB and European Commission’s collaborative report “Shock Waves from Turbulent Times” surveys 850 EU importers and finds that EU businesses have swiftly adapted to recent global supply-chain shocks. Key resilience strategies include investing in digital tracking (adopted … Read the full press release
Posted in Banks, Economy, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Technology
Tagged China imports, Debora Revoltella, digital tracking, economic security, European Commission, European Investment Bank, financing, geopolitical risk, intra-EU trade, policy support, Román Arjona, Single Market, supplier diversification, supply chain resilience, “Shock Waves from Turbulent Times”
(IN BRIEF) Edgewing, a joint venture of BAE Systems, Leonardo and Japan Aircraft Industrial Enhancement Co. Ltd., has been launched to take design authority for the next-generation combat aircraft under the Global Combat Air Programme. With Marco Zoff as CEO, … Read the full press release
Posted in Aviation & Aerospace, Defence, Industrial, Italy, Technology, United Kingdom
Tagged BAE Systems, defence collaboration, design authority, Edgewing, GCAP, GIGO, Global Combat Air Programme, Italy, Japan, Japan Aircraft Industrial Enhancement Co. Ltd., joint venture, Leonardo, Marco Zoff, Masami Oka, next-generation combat aircraft, supply chain resilience, technology transfer, trilateral partnership, UK
(IN BRIEF) Volvo CE has committed SEK 2.5 billion to expand crawler excavator manufacturing across Asia, Europe, and North America. The largest portion of this investment will enhance the Changwon plant in South Korea to secure global production volumes, with … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Sweden, Technology, Transportation & Logistics
Tagged Carbon Emission Reduction, Changwon factory, crawler excavators, global investment, localized production, market-specific solutions, Melker Jernberg, partnership, production capacity, Shippensburg USA, South Korea, supply chain resilience, sustainable growth, Sweden expansion, Volvo CE, Volvo Construction Equipment
(IN BRIEF) DHL Group is committing more than €500 million from 2024 to 2030 to deepen its footing in Saudi Arabia and the UAE, key hubs in its Strategy 2030 growth plan. Covering all four divisions—Express, Global Forwarding, Supply Chain … Read the full press release
Posted in Business, Germany, Industrial, International Trade, Retail, Technology, Transportation & Logistics
Tagged AJEX acquisition, alternative fuels, Amadou Diallo, automation, contract logistics, DHL eCommerce, DHL Express, DHL Global Forwarding, DHL Group, DHL Supply Chain, digital platforms, E-Commerce, electric vehicles, Etihad Rail, global trade, Gulf Cooperation Council, Hendrik Venter, John Pearson, logistics infrastructure, net-zero ambitions, Saudi Arabia, solar energy, Strategy 2030, supply chain resilience, sustainability, United Arab Emirates
(IN BRIEF) BAE Systems has made significant strides in the development of novel energetics and propellants, following £150 million of investment since 2022 to increase UK munitions manufacturing. A newly developed continuous flow processing technique will reduce dependence on globally … Read the full press release
Posted in Defence, Government, Industrial, Investment, Technology, United Kingdom
Tagged 155mm artillery, ammunition supply, BAE Systems, Cheshire, continuous flow processing, defence manufacturing, energetics, explosives production, export potential, Glascoed, high-skilled jobs, military technology, Monmouthshire, munitions innovation, nitrocellulose, Nitroglycerine, propellants, Steve Cardew, supply chain resilience, Tyne and Wear, UK defence industry, UK Ministry of Defence
(IN BRIEF) The LEGO Group has structured its supply chain into regional networks, positioning factories and distribution centres across three continents. This system enhances responsiveness to market changes while reducing transportation emissions. Currently, the company operates six factories in Denmark, … Read the full press release
Posted in Business, Denmark, Education, Entertainment, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Africa, Americas, ASIA, Belgium, CHINA, Czechia, Denmark, distribution centres, Europe, factories, GROWTH, Hungary, INNOVATION, LEGO Group, Mexico, Middle East, Pacific, partnership, Quality, region-based supply chain, regional distribution centres, safety, supply chain resilience, sustainability, sustainable logistics, three continents, U.S. factory, Vietnam, Virginia
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