Major manufacturers like Tesla and General Electric are facing a severe shortage of ethically sourced cobalt, and the metal is expected to increase in demand by 500 percent, says OilPrice.com. Amazon, too, needs the metal for its Kindle, and other consumer electronics are contributing to the demand and resulting shortage of supply.
Companies like Ikea and Apple have been investing in their supply chains in order to avoid unknown and potentially environmentally damaging activities from their suppliers by purchasing forest, building wind farms, and taking over plastics recycling plants. Ikea has purchased forest in Romania and the Baltics, while Apple has invested in forest in the US, writes The Guardian.
PINC, an unmanned aerial vehicle (UAV) technology company, has begun powering its drones with air-cooled fuel-cell systems provided by Intelligent Energy as an alternative to batteries, in order to offer lower-weight, longer-flight-time solutions that have less impact on the environment. The fuel cells will help enable the use of drones indoors to track inventory and other details about products in the tight quarters of a warehouse.
Residents of the Park Slope area of Brooklyn are now able to sell power generated from rooftop solar panels via a microgrid enabled by a blockchain ledger that records every transaction made with a local utility.
Wal-Mart Stores Inc., long known for squeezing its suppliers on prices, is now pressuring companies including Unilever and Colgate-Palmolive Co. to help the world's biggest retailer remove a billion metric tons of greenhouse gas emissions from its supply chain by 2030.
Maritime Strategies International (MSI) has forecast a positive short term outlook for dry bulk freight rates, but has cautioned on second half prospects. MSI notes a persistent and positive shift in dry bulk market sentiment in recent weeks, with most Baltic indices at their highest point of the year.
It only makes sense that The 3M Company, with a business model resting almost entirely upon technology, would eventually get around to applying it to the supply chain.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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