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Sourcing/Procurement/SRM: Page 66
Podcast | Got a Product Recall? Call Procurement
Procurement used to be tasked with a clear and basic mission: Sign up the best suppliers at the cheapest price. Not anymore.
Russian LNG Producer Begins Arctic Operations Despite U.S. Sanctions
The first shipments from the LNG project will be delivered during the first quarter of 2024, said Russian Deputy Prime Minister Alexander Novak.
Bridging the Decision Abyss
A call to action for supply chain and procurement leaders to demand better intelligence platforms.
Chinese Luxshare Buys iPhone Assembly Plant from Taiwanese Pegatron
The world’s second-largest iPhone manufacturer will pay $300 million to Pegatron to acquire a 62.5% stake in the company's Shanghai facility.
Navigating the New Landscape of Supplier Carbon Accounting Responsibility
A future is coming where environmental stewardship is not just a choice but an absolute necessity.
AI Technology Ensures Supply Chain Integrity Beyond the Holidays
By adopting AI technology to analyze critical enterprise-wide contract data and gain insights into supplier practices, companies can identify red flags and deviations from compliance standards
Israel Giving Intel $3.2B Grant to Build New Chip Plant
Construction has already begun at the Fab 38 plant, which is due to open in 2028 and operate through 2035.
India Plans to Expand Its Coal Power Fleet to Meet Soaring Demand
The nation intends to add almost 88 gigawatts of new capacity by early 2032, a 63% increase from a previous plan published in May 2023.
Capital Product Partners Finalizes $3B Acquisition of 11 LNG Vessels
Capital Product Partners entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP on November 13, 2023 to acquire 11 LNG vessels from Capital Maritime.
U.S. Launches Semiconductor Supply Chain Review Due to China Concerns
The survey aims to identify how American companies are sourcing legacy chips as the country looks to award almost $40 billion in subsidies for semiconductor chip manufacturing.
Over 1.3M Jobs Supported Through Supplier Diversification in 2023
Companies generated $104 billion of income and $31.4 billion in tax revenues through diverse and small supplier spending over the past 12 months.
Will Procurement Finally Become Truly Strategic in 2024?
For most brands, 2023 hasn’t been a stellar year, and instead has been more one of consolidation and treading water. That’s not likely to change soon.
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