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Trends 2023: Supply Chain

Enterra Insights

Freelance writers Michael Keenan and Kaleigh Moore report, “Data from the University of Texas–Austin suggests a simple improvement in ‘data usability’ can give some companies a 10% increase in revenue. It is not just US tool manufacturers that are affected. And in the U.S., ” Trend 4.

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Bio-based Products Future is Promising, but Hurdles Exist

Supply Chain View from the Field

Effectively, there is no database that permits reliable reporting on the volume of biobased products sold in the US or exported for global consumers. As an example, Chemical Manufacturing (NAICS 325) encompasses a variety of chemical manufacturing codes including petrochemicals (3251), but none for biobased chemicals.