A shift to shorter supply chains not only helps manage the unpredictability of costs, but also strengthens supply chain resilience by reducing dependency on distant suppliers.
If approved, the measure would likely trigger contractual challenges for European logistics firms and political backlash from other gas-buying nations.
The chemicals industry, which contributes trillions of dollars to the global economy every year, is undergoing a significant transformation due to recent social and political trends.
When sanctions were placed on Russian oil sales following the war in Ukraine, the Laconian Gulf became a key spot for switching cargoes between vessels, prompting environmental concerns.
When it comes to supply chain ESG, most companies have a lot of work ahead to achieve the deepest levels of program maturity. But it’s worth the effort.
The U.S. must figure out how it will develop a domestic mining network that can supply car manufacturers with the materials they need to make vehicles and batteries.
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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