Remove Events Remove Freight Remove Logistics Remove Sourcing
article thumbnail

2024 to be the year of the Sustainable Supply Chain

Manufacturer's Monthly

Australia’s largest logistics event is rebranding to reflect the industry’s shift towards sustainability. The year 2024 will see the logistics industry make its most significant shift to date towards sustainability, with investments in this space set to skyrocket, according to MEGATRANS show director, Lauren Chartres.

article thumbnail

Supply Chain as a Service

Dinesh Mishra

These providers offer a range of services, such as warehousing, transportation, inventory management, order fulfillment, and logistics. Logistics Operations: This service covers infra setup, sourcing, packaging, transportation, storage and handling, network inventory management, and freight management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Will autotech ventures race east in 2024?

Robotics Business Review

Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. Meili founder Samantha Lee demonstrated an in-hospital vehicle simulator as an autotech example.

article thumbnail

What is supply chain?

Fastener News Desk

There are five areas where supply chain vulnerabilities most often show up : planning and supplier networks transportation and logistics systems financial resiliency product complexity organizational maturity McKinsey research suggests that supply chain disruptions lasting one month or longer now occur every 3.7 years, on average.

article thumbnail

Movers & Shakers Interview with Mr. Vasudevan Krishnamachari, President & Head, Light Vehicle Business Unit, Brakes India and Mr. Rajiv Balagangadharan, Head, European Business, Brakes India

Frost & Sullivan Manufacturing

We have rising and unreliable logistics costs, local content requirements and contractual issues like JIT requirements, leading to blocked working capital. However, on goods carrying commercial vehicles, demand is driven by road infrastructure spend, increase in economic activities, freight rates (and returns for fleet).

article thumbnail

Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

“New order entry has slowed down slightly; however, logistical issues have yet to improve. The data should be compared to all other economic data sources when used in decision-making. In no event shall ISM be liable for any special, incidental, or consequential damages, arising out of the use of the ISM ROB. Contact: .

article thumbnail

Top Legal Issues Facing the Manufacturing Sector in 2023

Foley

Companies that may be concerned about the viability or performance of a supplier should consider seeking licenses or other rights that would enable to obtain vital components from another source if the supplier does not meet its obligations. This directive is not limited to supply contracts alone. APTs can also compromise supply chains.