Chain

Firms are colored according to their systemic risk for the entire economy. Credit: CSHVienna Researchers at the Complexity Science Hub Vienna (CSH) created a complete representation of Hungary's economy. They mapped the entire country's production network, including literally all of the relevant firms and all of the supply relationships with their clients and customers. With such detailed knowledge of the economy, they can…

For the JIT model to work, the quality and supply of raw materials, the production of goods, and the customer demand for them must remain in alignment. If any one of the links in the chain breaks, stalls, or falls out of sync, the impact on the supply chains that crisscross the world can be felt immediately. For companies, unable to deliver on orders in a timely fashion, they risk losing not only efficiency gains but also brand credibility, market share, and revenue. Now, companies are seeking new ways of managing their…

New capacity for generating electricity from renewables such as solar, wind, and other clean energy increased to a record level worldwide in 2021. And clean energy will continue to grow in 2022, according to the Paris-based International Energy Agency (IEA). Renewables in 2022 The world added a record 295 gigawatts (GW) of new renewable power capacity in 2021, overcoming supply chain challenges, construction delays, and high raw material prices, according to the IEA’s latest Renewable Energy Market Update. Global…

HERE Technologies has announced it has entered a five-year strategic collaboration agreement with Amazon Web Services (AWS) to help organizations improve their supply chain visibility, transportation and logistics (T&L), fleet routing, and estimated times of arrival (ETAs) from the first-to-last mile of delivery. As part of the collaboration, HERE will list its supply chain solutions that are utilized by T&L companies globally in AWS…

West Coast dockworkers and cargo-handling companies are due this week to begin contract negotiations that carry high stakes for an American economy that has been wracked by supply-chain disruptions. The labor talks cover about 22,400 workers at 29 ports, including the big Southern California facilities that make up the country’s busiest gateway for imported goods. Similar negotiations have been long and contentious in previous years, leading to extensive disruptions and delays in the flow of goods. The risks have seldom…

Credit: University of South Florida A joint project between the USF Supply Chain Innovation Lab and global manufacturer Jabil has concluded that it's good business to have a more visible supply chain network. …

An increase in raw material costs and semiconductor prices, coupled with supply chain disruptions due to the war in Ukraine, could become headwinds for the Indian automobile industry going forward this year thereby affecting growth, according to MG Motor India President and Managing Director Rajeev Chaba. The domestic auto industry was looking forward to over 10 percent growth in 2022 at the beginning of the year but if the current situation persists, it could have an impact on demand as the year progresses, he noted.“The…

The Department of Energy (DOE) opened up billions of dollars in funding today to build up domestic supply chains for batteries. Batteries will be crucial in the Biden administration’s plans to transition the nation to electric vehicles and clean energy. The DOE says in its announcement that it will give $3.1 billion to companies to boost “the creation of new, retrofitted, and expanded commercial facilities” to process materials, make batteries, and recycle them at the end of their lives. Another $60 million in grants…

Dell Technologies said on Thursday it expects PC backlog to balloon in the first quarter due to supply chain constraints and reported a quarterly profit miss, sending its shares down 7 percent in extended trading.A pandemic-fueled demand for PCs helped the company draw in billions of dollars in sales over the past year. However, an ongoing global chip shortage and supply chain issues are pinching Dell as longer lead times and parts shortages have led to higher component and freight costs.The company earned $1.72 (roughly…

Taiwan expects little impact from the war in Ukraine on the supply of key raw materials for semiconductors, the government said on Saturday.Taiwan is a major chip manufacturer, home to the world's largest contract chip manufacturer and Asia's most valuable listed company, Taiwan Semiconductor Manufacturing Company Limited (TSMC), and key to alleviating a global shortage of semiconductors which have in some cases forced auto production lines to shutter.The cabinet, following a meeting chaired by Vice Premier Shen…