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This pledge commits suppliers to achieving carbon neutrality for Scope 1 and Scope 2 emissions related to products or services provided to GM, and to attaining an EcoVadis score of at least 50 by 2025 in the areas of Labor and Human Rights, Ethics, and Sustainable Procurement.
In the near-term, hosted software and cloud computing are making sophisticated warehouse, transportation and labor management systems accessible to organizations that could never support the significant capital investment required to discretely license the same software. Connected devices can also support the warehouse worker (i.e.
GSCM includes green initiatives to accomplish the ultimate goals: green materials, green production, reverse logistics, closed-loop supply chains, and green procurement and returns. For example, the Sierra Nevada Brewing company composts its waste into fertilizer for its on-site gardens, diverting 99.8%
Note: values of this index above 50 are indicative of an expansion of overall logistics industry activity levels ) The summary narrative communicated for July 2024 was indications of “ positive movements in the transportation market contrasting with a moderate contraction in inventories and slowing rates of expansion in the warehousing market.”
Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. In the past we would expect to see transportation and warehousing ramping up hiring in late summer ahead of peak season. ”
Supply Chain Matters highlights a breaking news development involving Tesla’s existing Nevada based Gigafactory that will be of interest to Automotive EV manufacturers and their supply networks. Tesla Announces Added Investment in Gigafactory Nevada Electric auto maker Tesla has announced a reported $3.6
The sub-index index Transportation Utilization of 50 was noted as indicating no upward movement for the first time in 2023. That is not good for retailers and manufacturers, each under the looking glass to reduce not only transportation but also inventory carrying costs. percentage points below the February value of 54.7, Separate U.S.
We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. March and Q1-2022 data would tend to indicate that global transportation and logistics disruptions are easing, but fast-moving events in February and now March indicate to the contrary.
This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The April report specifically indicates t hat after 23 consecutive months of contraction the index of Transportation Capacity shifted back into expansion, bumping up 11.2
This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. Interestingly, Transportation Utilization is the outlier here, as both utilization metrics in the index were up significantly in September. ”. up from an August reading of 59.7.
GSPI Index Returns to Normalcy The Federal Reserve Bank of New York’s Global Supply Chain Pressures Index (GSPI) compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The reported biggest movers in February were Transportation Costs which declined 5.9
Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 The reported May value of 47.3 compared to the April value of 50.9, and was noted as a “ new all-time low and for the first time in its 6.5-year year history it has moved into contraction territory.”
This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. Specifically indicated by report authors for the July report: “ Fueling this deflationary pressure are levels of growth in available Transportation Capacity (reading in at 69.1)
This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. A ccording to the May report , growth is increasing at a higher rate for inventory costs, warehousing utilization, warehousing storage prices, transportation capacity and utilization.
Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation. Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 The June value of 45.6 declined 1.7 percentage points from the May value of 47.3,
Global wide production, transportation and logistics activity levels reported for February, but continued rather concerning data related to global transportation service levels and cost. Global and Domestic Transportation and Logistics Indices. noted as the second highest in the history of this index. Bob Ferrari.
The Logistics Managers Index Report® , compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP), reported an April 2023 value of 50.9,
billion investment in its existing Gigafactory complex located in Sparks, Nevada. From our Supply Chain Matters lens, we sense a supply network pattern evolving that could conceivably tie together the Nevada and now planned Monterrey gigafactories with battery cells and components within driving distance proximity.
There are new improvements in the works for the Nevada based facility, including a new wastewater treatment plant, added power generation from the facility’s solar roof.
These developments come five years after Panasonic began production of lithium-ion batteries at Panasonic Energy of North America (PENA) , referred to as Tesla’s Gigafactory , in Sparks, Nevada. . Part of Broader North America Based EV Supply Network Investments. production plans, each with a designated branded automotive partner.
policy and transportation. To facilitate research and legislation in this area, the VHI has three Centers that focus on the Center for Transportation, Center for Regulation Information and Center for Communication. This program is a manifestation of the opportunity to understand supply chain, logistics, and transportation.
December 2024 LMI Index Highlights The Logistics Managers Index Report is compiled by researchers at Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University and the University of Nevada Reno , and in conjunction with the Council of Supply Chain Management Professionals (CSCMP).
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