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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

Global supply chains are shifting, Mexico’s role in global trade is growing, and Mexican small and medium enterprises and manufacturing sectors are looking for reliable access to the U.S. The canal is a key source of revenue for the government of Egypt, and it is one of the country’s top earners of foreign currency.

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Digital Product Passport’s Impact on the Battery Industry

Arena Solutions

A passport is a digital record that stores detailed information about a products lifecycle including its materials, origin, manufacturing processes, environmental impact and recycling information. According to the latest forecast, the battery industry is expected to have their passports ready by February 2027. billion by 2030.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020).

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Global UDI Compliance: Good for Patients and Medical Device Manufacturers

QAD

Staying on top of global Unique Device Identification (UDI) regulatory compliance can improve outcomes for both patients and medical device manufacturers The U.S. However, the GUDID is fairly established, and by now, most manufacturers are aware of submission requirements, while EUDAMED is constantly evolving.

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Effect of Working With CNC Machines on your Supply Chain

SCMDOJO

CNC machining is also known as just machining and is used extensively in manufacturing and industrial applications. How CNC Machines Are Changing Manufacturing as We Know It. Thanks to CNC machine technology, traditional manufacturing supply chains are gradually disappearing. What does the Research Say? Lower costs.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

In its simplest form, fourth-party logistics is a model in which manufacturers hand over the entirety of the organisation and oversight of their supply chain to a 4PL provider. the digitisation of manufacturing. This outsourcing allows the company to focus on its core manufacturing business and higher-value projects.

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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.