Australian government welcomes US military shipbuilder’s purchase order of Bisalloy Steel, boosting defense industry and local jobs. Bisalloy Steel to process Australian steel for Newport News Shipbuilding. Order signifies commitment to local industry and AUKUS partnership. Integration of Australian steel into supply chain to create more jobs. Australian Submarine

Procurement & Supply Chain LIVE New York will be virtually streamed on 5-6 June 2024, featuring keynotes and panels by industry leaders from Cognizant, AXA XL, City of New York, and Bosch. The event aims to connect like-minded peers and companies from across the US and Canada. Patricia Mendoza Rodriguez,

The U.S. plans to support infrastructure, semiconductor, and nickel processing projects in the Philippines to strengthen investment partnerships. Initiatives were announced as President Marcos Jr. visited Washington. The U.S., Philippines, and Japan will accelerate investments on the Luzon Economic Corridor. The U.S. is also supporting a grant

President Biden's national security spokesman, John Kirby, discussed Iran's attack on Israel on 'Fox News Sunday'. A bipartisan group in the House, led by Reps. Hinson and Slotkin, introduced new legislation to minimize China's influence on the U.S. food supply. The

Women in supply chain are paving the way for future generations by leading in investment, innovation, and strategic opportunities while supporting underrepresented groups. Taryn Thompson, Chief Finance Officer at Bank of America, has been integral to the company's operations. Procurement & Supply Chain LIVE connects global businesses for

A major company in the tobacco industry emphasizes sustainability in its supply chain management. With a focus on both tobacco leaf agricultural and non-agricultural materials, the company works with suppliers to improve environmental and social practices. They have identified hundreds of significant suppliers and support farmers in capacity building programs

Apple announced on its Vietnam website plans to increase spending on suppliers in the country, totaling nearly $16 billion since 2019. Despite some Chinese customers expressing uneasiness about Apple's manufacturing shifts to Vietnam and India, the company's presence in Vietnam has grown with major suppliers like

Industry Minister Ahn Duk-geun announced an agreement after meeting with U.S. Commerce Secretary Gina Raimondo in Washington. The discussions focused on trade, energy, and industrial issues, in line with efforts to strengthen trilateral cooperation among Seoul, Washington, and Tokyo. Plans were also made for the South Korea-U.S. Supply

The KPMG Supply Chain Stability Index for 2023, in collaboration with ASCM, highlights improved stability but ongoing fragility. Factors like cross-border patrol closures and conflicts impacting commercial shipping are major challenges. Positive developments include greater nearshoring efforts and the comeback of just-in-time inventory strategies. The importance of talent, resilience, and

Japan, the United States, and the Philippines are teaming up to strengthen their nickel supply chain, essential for electric vehicle batteries. The three countries aim to reduce their dependency on China, a major player in the nickel market. The move comes as China continues to expand its reach in critical

The Australian government welcomes a purchase order of Australian steel by a major US military shipbuilder, strengthening the AUKUS partnership. Bisalloy Steel will process the steel for Newport News Shipbuilding, enhancing the defence industry and creating local jobs. This collaboration aligns with the development of Australian supply chains for AUKUS

The United States Trade Representative (USTR) ambassador Katherine Tai highlighted her focus on empowering the US textile industry during the National Council of Textile Organisations (NCTO)’s annual meeting. Tai emphasized the importance of US trade policies benefiting textile workers and vowed to address unfair practices, especially from China. USTR

The United States-led Indo Pacific Economic Framework (IPEF) will enter into force in South Korea next week with India as a member. The initiative focuses on supply chain resilience and has four pillars: trade, supply chain resilience, a clean economy, and a fair economy. The agreement aims to prevent and

The GEP Global Supply Chain Volatility Index, based on a survey of 27,000 businesses, provides insight into ongoing conditions like shortages and transportation costs. In April 2024, transportation costs decreased due to falling container rates, while demand at Asian factories increased. Despite some shortages and capacity constraints, global manufacturers