Source : Inboundlogistics.com

What part of working in supply chain do you find the most rewarding?

Usually the supply chain is not noticed or recognized unless something goes wrong, and then we make the ‘possible’ happen out of a seemingly ‘impossible’ situation and save the day.
Marty Graham
Vice President, Logistics Services, ArrowStream
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We have a material impact on the experience our clients deliver for their customers. The convergence of technology and physical movement makes supply chain automation exciting and rewarding. The ability of leaders in the space to use logistics as a competitive differentiator has made it even more interesting.
Chris Lingamfelter
President, White Systems
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For me, it's effective and efficient collaboration with suppliers and customers to obtain or provide key information. Whether this information concerns inventory levels, the accuracy of forecasts, or any other type of logistical updates—the quicker the exchange occurs, the better the decision process.
Bob Combs
Principal Consultant
Exact, Macola division

Lire la suite : GOOD QUESTION

Source: Geology.com – Hobart M. King, Ph.D., RPG – 04/06/19

The demand for rare earth elements has grown rapidly, but their occurrence in minable deposits is limited. Rare Earth Element Production: This chart shows a history of rare earth element production, in metric tons of rare earth oxide equivalent, between 1950 and 2017. It clearly shows the United States' entry into the market in the mid-1960s when color television exploded demand. When China began selling rare earths at very low prices in the late 1980s and early 1990s, mines in the United States were forced to close because they could no longer make a profit. When China cut exports in 2010, rare earth prices skyrocketed. That motivated new production in the United States, Australia, Russia, Thailand, Malaysia, and other countries. In 2016, rare earth production in the United States stopped as the only remaining mine was put on care and maintenance.

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Source: visualcapitalist – Nicolas Le Pan – 20/05/19

When most people think about oil and natural gas, the first thing that comes to mind is the gas in the tank of their car. But there is actually much more to oil’s role, than meets the eye...Oil, along with natural gas, has hundreds of different uses in a modern vehicle through petrochemicals.Today’s infographic comes to us from American Fuel & Petrochemicals Manufacturers, and covers why oil is a critical material in making the EV revolution possible.

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Source: ESC – Katsiaryna Kliuyeva – 21/05/19

A quarter of European companies with activities in China say that they are affected by the trade dispute between China and the US. This is according to a new report from the European Chamber of Commerce in Beijing. According to Charlotte Roule, director of the European Chamber of Commerce, the trade war between China and the US leaves negative effects. She says that some European companies are even considering relocating their factories away from China, but not the majority yet.
In the survey, completed by 585 entrepreneurs:

Lire la suite : How China – US trade war affects EU