While Asia and South America are expected to continue to experience a steady inflow of project investments, China and the United States are expected to receive the highest number of investments. Locations emerging as targets for investment include South Africa, Turkey and Vietnam.
Emission-control software built into US-made Volkswagen models, that were found to be violating US clean air rules, have also been used in other VW group diesel cars around the world, Volkswagen has confirmed. This is expected to have a significant impact on the OEM’s global supply chain.
The usual deal is a bit like Niketown agreeing to sell Adidas sneakers. “This is unique,” Kirk Schell, vice president of Dell Commercial Client Solutions, said in an interview. “We don’t do this with anybody.”
GENEVA (AP) — Nestle says "forced labor has no place in our supply chain" following a U.S. class action lawsuit that alleges the Swiss food company knowingly supported a system of slave labor and human trafficking to make its Fancy Feast cat food.
A recent University of Tennessee-sponsored survey of leading supply chain executives helped quantify the continued apathy surrounding the proper assessment and management of supply chain risk. For starters, the survey found that none of the companies surveyed use third parties to independently assess their risk, 90 percent don’t even quantify [...]
The Reshoring Initiative recently announced a program in partnership with Walmart to help companies manufacture more consumer products in the United States. Walmart has committed to increase its U.S. purchases by $250 billion annually by January 2023. The new program provides direct, personal access to 35 manufacturing trade associations, companies, banks, U.S. Commerce Department offices,…
GT Nexus's insight:
Walmart’s increased purchases will add an estimated 300,000 U.S. manufacturing jobs.
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