This is your weekly supply chain bulletin from B2BE for the week starting 17th April 2023.
Each week, we bring you a rundown of the latest trends in the news from across the supply chain industry. We cover the issues most important to you, bringing you useful links to the full articles. This ranges from news on various supply chain disruptions to strategies to lessen the damage. We also include other relevant supply chain related updates. If you missed it, you can read last week’s supply chain bulletin here. Read on to see what’s making the news this week.
Industry BT Conducts Supply Chain War Game, Signaling Heightened Concerns Over China-Taiwan Conflict
BT, a global telecommunications company, recently conducted a simulated war game exercise to assess the resilience of its supply chain in the event of a conflict between China and Taiwan. The exercise reflects growing fears among global companies about the potential disruption to supply chains due to the escalating tensions between the two nations. BT’s proactive approach in testing the resilience of its supply chain highlights the increasing importance of supply chain risk management in the face of geopolitical uncertainties. The exercise aims to identify vulnerabilities and develop contingency plans to ensure the continuity of BT’s supply chain operations in the event of a conflict. It also emphasizes the need for companies to be prepared for potential disruptions in their supply chains caused by geopolitical tensions.
Apple Sets Goal to Use 100% Recycled Cobalt in Batteries by 2025
Apple, a leading technology company, has announced its commitment to using 100% recycled cobalt in its batteries by 2025. Cobalt is a critical mineral in the production of lithium-ion batteries. These are widely used in smartphones, tablets, and other electronic devices. The move towards using recycled cobalt is part of Apple’s larger sustainability and environmental goals. The goals are therefore aimed at reducing the company’s carbon footprint and promoting responsible sourcing of materials. Apple’s commitment to using recycled cobalt in its batteries by 2025 is a significant step towards achieving a more sustainable supply chain in the electronics industry. Consequently, setting a positive example for other companies to follow in reducing their reliance on newly mined materials and promoting circular economy practices.
ALC Announces Panel Members for Supply Chain Summit
The Australian Logistics Council (ALC), a leading industry association representing the logistics sector, has begun announcing the panel members for its upcoming Supply Chain Summit. The Summit is a key event for the logistics industry. It brings together industry leaders, policymakers, and experts to discuss current challenges and opportunities in the supply chain sector. The announcement of panel members highlights the significance of the event and the calibre of speakers. The speakers will be sharing their insights and expertise on various aspects of the supply chain. For example, technology, sustainability, policy, and innovation. The ALC’s initiative in organising the Supply Chain Summit and selecting prominent panel members underscores the importance of collaboration and knowledge-sharing in driving positive changes in the logistics and supply chain industry. As well as fostering a more efficient, resilient, and sustainable supply chain ecosystem.
Future-Proofing the Supply Chain: The Role of Smart Logistics
The digital revolution is transforming the logistics industry, and smart logistics is playing a crucial role in future-proofing supply chains. With advancements in technology, including the Internet of Things (IoT), artificial intelligence (AI), and automation, logistics companies are leveraging data-driven insights and innovative technologies to optimise supply chain operations, enhance visibility, and improve efficiency. Smart logistics encompasses a range of solutions. For example, real-time tracking, predictive analytics, autonomous vehicles, and smart warehousing. These solutions enable companies to proactively monitor, analyse, and optimise their supply chain processes. By harnessing the power of smart logistics, companies can streamline their operations, reduce costs, minimise risks, and enhance customer satisfaction. The role of smart logistics in future-proofing the supply chain cannot therefore be overstated. This is because it enables companies to stay agile, adaptable, and competitive in the rapidly evolving business landscape, where supply chain resilience and efficiency are critical success factors.
About B2BE
B2BE delivers electronic supply chain solutions globally, helping organisations to better manage their supply chain processes, providing greater levels of visibility, auditability and control. We’re driven by a passion for what we do, inspired by innovation, and underpinned by a wealth of knowledge. With over 20+ years of experience, the B2BE teams operate worldwide.
For more information, visit www.b2be.com.