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I believe we need to move to Open Source tech. After publishing a series of reports on visibility, I facilitated a dinner between two major manufacturers. One dinner participant laughed as he said, “The more efficient we try to make procurement, the more we screw it up!” What do I mean? Let me explain. The reason?
Working for a large manufacturer, she was trying hard; but failing, to integrate Ariba, Elemica, and GT Nexus. To help, I set up a series of dinner meetings for Maddy to speak to other manufacturers working on similar problems. Ethical Sourcing. Congo Metals. These are all issues in ethical sourcing initiatives.
They want to know you’re not using children going into mines in Congo, or families being thrown into boats to go fishing for shrimp and never see land.” He states, “I think consumers have done their bit and continue to do so. But what they want they can’t have right now. And that is transparent supply chains.
” I recall that manufacturing an electric car battery consumes as much energy as the car itself. Source: ICCT (2018), effects of battery manufacturing on greenhouse gas emissions over the life cycle of electric vehicles. against 35.7 on a world average for small and medium-sized companies and 31.6 against 34.7
What will happen to those manufacturers that can’t or won’t convert? The authors then used industry sources to project demand and revenue for thee fossil fuels (oil, gas, coal) vs. seven “green” metals (aluminum, cobalt, copper, lithium, nickel, silver and zinc) that are critical to building an energy economy.
listed companies that have filed their first audits on whether their products contained any tin, gold, tungsten or tantalum from Africa’s war-torn Congo region. Others said the complexity of their manufacturing processes made it impossible to give a definitive answer. The admissions were among reports by nearly 1,300 U.S.-listed
The global shift from traditional internal combustion engine (ICE) vehicles to vehicles with electrified powertrains is underway, and it’s creating greater complexity for original equipment manufacturers (OEMs) and their supply chains. DEVELOP THE RIGHT SOURCING STRATEGY. Alliances with manufacturing specialists.
In the first Fairphone that will be released in December 2013, conflict-free tin and tantalum from the Democratic Republic of the Congo has been integrated in the manufacturing of the phone, but that’s only a first step. To do so, we are searching for solutions by engaging in partnerships to come with alternatives to current models.
And, also served as a wake up call across the manufacturing and other industries, not just the textile and garment segment. Now they want to know what acre of land it was grown on, the source of the water and the living conditions of the workers.” The incident claimed over 1,100 lives and injured over 2,500 people.
The first deadline regarding last year’s SEC Conflict Minerals Rule is fast-approaching on January 31 – and companies are scrambling to report what conflict minerals – gold, tin, tantalum and tungsten sourced from the Democratic Republic of Congo (DRC) and surrounding countries – have entered their supply chains since the start of 2013.
As covered previously on Resilinc’s blog (see Driving domestic production of critical minerals and Ethical sourcing risks pose challenge to electric vehicle market), the ESG concerns of activists and investors dovetail with the security worries of bipartisan leaders in the White House and Congress.
It was the first metal to be smelted (about 5,000 BC, according to Wikipedia); the first to be shaped into molds; and the first to be alloyed with another metal—tin—to manufacture a sturdier cousin: bronze. There’s no metal quite like copper.
Adhesion to the principles laid out by the United Nations Global Compact (UNGC) is key to ensuring that automobile manufacturers operate in consortium to improve the industry’s global economic throughput. The latent potential of this workforce is a precious resource waiting to be nourished.
The purpose of the Conflict Mineral rules is to put an end to the extremely violent conflict in the Democratic Republic of the Congo, which has been partially financed by the exploitation and trade of conflict minerals originating in the region. The reporting company must have influence over the manufacturing.
Unfortunately, most corporations lack visibility of their cobalt supply chain beyond the smelters that purchase the ore from mines, or intermediaries. The type of end-to-end traceability software that Sourcemap has used to map some of the world’s most complex supply chains can help rid high-risk and inhumane activities from cobalt sourcing.
A big part of sustainability initiatives includes the use of ethical sourcing. Ethical sourcing is the process of ensuring that the products made are obtained through responsible and sustainable methods. While we have seen more companies promoting ethical sourcing, does the consumer really care? Ethical Sourcing.
What is the role of contract manufacturers? What can be problematic about sourcing raw materials from the Congo? Why is final assembly being done in China and not in the EU or Canada? What modes of transport should be used?
The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. A cobalt mine in the Democratic Republic of Congo. It’s followed by Australia, which has 1.2
Procurement managers are now asked to address ESG issues in their sourcing and foreign manufacturing operations. Meanwhile, trade compliance managers are tasked with ensuring that the procurement department is following the rules. This trade regulation is designed to protect the world’s forests.
We had the purchasing power to accomplish that. Wilensky: Okay, but for OEMs with lower annual spend, what kinds of contract terms can induce a supplier to stand up a new manufacturing facility in a country that’s closer to the domestic markets or their major contract manufacturers?
With tightening environmental legislation and shifting consumer preferences, there’s a greater push for companies to adopt sustainable manufacturing practices and deliver eco-friendly products. Thus, many manufacturers are stepping up to the plate to help build a greener future and enhance our quality of life.
The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. A cobalt mine in the Democratic Republic of Congo. It’s followed by Australia, which has 1.2
Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. Some sources predict future lithium shortages due to the large quantities of water required for lithium production, which is taxing for areas like South America and Australia that are prone to drought.
These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supply chains. Congo, The Democratic Republic of The. The way by which consumers purchase, use and share technology is changing rapidly. The sourcing department is challenged by increasing compliancy issues.
Congo, The Democratic Republic of The. Sourcing from far-flung countries such as China is leading to growing uncertainty about the actual supply of purchase orders. Cape Verde. Cayman Islands. Central African Republic. Christmas Island. Cocos (Keeling) Islands. Cook Islands. Costa Rica. Cote D'ivoire. Czech Republic.
The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. What’s in the Inflation Reduction Act’s New Clean Vehicle Credit?
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