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HR & Labor Management: Page 70
Red Sea Crisis Disrupts Ikea, Abercrombie & Fitch Shipments
Ikea said it’s looking for other options to secure the availability of its products, many of which normally pass through the Red Sea and the Suez Canal.
How Generative AI Promises to Transform Procurement
As the landscape of supply chains grows increasingly complex and data-driven, the role of artificial intelligence becomes more critical in streamlining procurement processes.
Shipbuilder Samsung Ordered to Pay $290M Over Defects
Samsung Heavy Industries said an arbitration tribunal ruled during the week of December 12 that SHI must pay $290 million to SHIKC1 Shipholding S.A. and SHIKC2 Shipholding S.A.
Companies Will Embrace Near- and Friendshoring Over the Next Five Years
Sixty-three percent of survey participants said they are planning to restructure their supply chain over the next five years.
Nominations Opened for WIT 2024 Driver of the Year Award
The finalists and the award winner will be recognized at the 2024 Salute to Women Behind the Wheel in Louisville, Kentucky on March 22, 2024.
U.S. Steel Agrees to Be Bought by Japanese Rival After Long Takeover Saga
The acquisition is a further consolidation of the industry in the United States, which is now dominated by three major companies: Cleveland-Cliffs, Nucor and Steel Dynamics.
Shanshan Considers €1.3B Battery Materials Factory in Finland
Shanghai Shanshan Lithium Battery Material Technology Co. Ltd has reserved a plot to construct a plant in the GigaVaasa industrial zone on the western coast of Finland.
TotalEnergies Building 216 MW Solar Plant in South Africa
The senior vice president of renewables at TotalEnergies, Vincent Stoquart, said that the venue will be made up of a solar plant as well as a 500-megawatt-hour battery storage system.
California Nuclear Plant's Operations Extended Through 2030
The California Public Utilities Commission agreed to extend the shutdown of the state’s last functioning nuclear power plant through 2030 instead of closing the venue down in 2025.
Two Cargo Ships Attacked by Houthis in Red Sea
Both December 15 attacks, one missile-based and the other drone-based, came from a part of Yemen controlled by the Houthi rebel movement.
Foxconn Adds $1B to Investment in Giant Apple India Plant
Foxconn plans to spend that amount on top of the $1.6 billion it earlier set aside for the 300-acre site close to Bengaluru’s airport, said people familiar with the matter.
Risk-Management Strategies for Ensuring Facility Safety and Reliability
It’s impossible to put a price on safety at manufacturing and logistics facilities. World-class organizations know it’s directly tied to their ability to succeed.
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