Europe, U.K. Lag in Race for Electric Car Battery Raw Materials
Supply Chain Brain
DECEMBER 4, 2023
and China’s BYD are significantly ahead of many of their European rivals in securing access to key raw materials. Tesla in the U.S.
Raw materials Related Topics 
Production of cardiac device slowed by raw materials shortage
Strategic Sourceror
DECEMBER 21, 2022
It appears that yet another medical device is quite scarce and it may be due to a deficiency of certain raw materials that are used in the manufacturing process. The devices that remain rare to this day include external defibrillators, chest drains, suction canisters and a number of dialysis products.
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
Trending Sources
Germany Invests $1.1B to Counter China on Raw Materials
Supply Chain Brain
FEBRUARY 4, 2024
A selection process will be established to determine which projects — including extraction, processing and recycling materials — are eligible, the people said, speaking on the condition of anonymity.
When Will Manufacturers Act to Diversify Raw-Material Supply?
Supply Chain Brain
APRIL 18, 2022
At a time when supply chain experts are preaching the benefits of diversified sourcing, an alarmingly small number of manufacturers seem to be practicing it.
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Renewcell launches supplier network for its recycled raw material
Supply Chain Dive
JULY 12, 2023
The network includes 47 yarn and textile suppliers that have committed to using Circulose, a material made from recycled fibers.
Should-Cost Model – The Ultimate Guide
Procurement Tactics
JULY 4, 2023
Understanding the drivers behind raw materials and manufacturing costs is imperative to creating cost savings opportunities for the procurement and supply chain industry. The first column shows the raw materials used to make a soda. Ensure that the percentages for all raw materials add up to 100%.
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Supply Chain Weekly Wrap-Up 02/10/2023-02/16/2023
All Things Supply Chain
FEBRUARY 17, 2023
Germany looks to partner with Japan to Secure Raw Materials The German government wants to increase cooperation with Japan to help secure supplies of raw materials. The goal is to…
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Raw materials shortages slow Getinge heart support device production
Supply Chain Dive
DECEMBER 7, 2022
The medtech company is asking hospitals to share underutilized devices.
Volkswagen, Mercedes-Benz boost efforts to secure EV raw materials in Canada
Supply Chain Dive
AUGUST 25, 2022
The automakers signed agreements to help build supply of minerals including lithium, cobalt and nickel in North America.
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Supply chain, manufacturing and procurement ‘a very big focus’ for cost-cutting CFOs
Supply Chain Dive
MARCH 8, 2024
Executives' 2024 priorities make sense given geopolitical tensions and the rising costs of raw materials and other inputs, said Boston Consulting Group's Paul Goydan.
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Watch: Silicon Metal: The Supply and Price of an Essential Raw Material
Supply Chain Brain
FEBRUARY 21, 2023
Sadhna Gupta, assistant manager of procurement research with Aranca, describes recent trends in the price and availability of silicon metal, an essential material for global manufacturing, as well as the outlook for the coming year.
HRC Steel Prices – Historical Graph [Realtime Updates]
Procurement Tactics
MARCH 22, 2023
Raw Materials Costs Iron ore, limestone, and coal are the main raw materials used for making HRC steel. Any increase in these materials’ prices will directly affect the cost stability of HRC steel prices. This additional interest apart from top HRC steel importers reflect the cyclical price fluctuation.
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Michelin to Pause Spanish Production Due to Red Sea Crisis
Supply Chain Brain
JANUARY 16, 2024
Michelin suspended shifts at Spanish plants during the weekend of January 13 due to raw material delivery delays that arrive by sea from Asia.
Optionality: The Critical Supply Chain Imperative for 2024
The Network Effect
JANUARY 18, 2024
In a world of perpetual disruption, your organization will need optionality – multiple sourcing for key products, parts and raw materials.
6 Supply Chain Management Books That Will Optimize Your Strategies
All Things Supply Chain
OCTOBER 7, 2020
Streamlining the process of converting raw materials into valuable products that are ultimately delivered into consumers’ hands can make or break any business. This hugely complex process relies on a…
Sphera Launches SCRM Commodity Risk Tracker
Supply Chain Brain
NOVEMBER 21, 2023
Sphera said its tool gives businesses information regarding lead times for sourcing raw materials, risk events and real-time data on potential supply chain disruptions.
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Sustainable Environment — Embracing Sustainability
Procurement Tactics
APRIL 13, 2023
Using environmentally-friendly materials Businesses should source sustainably produced raw materials that are made from recycled materials or products produced without harmful substances. For example, you can use bio-based raw materials which replace fossil raw materials that have a huge negative effect on the planet.
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Supply Chain Weekly Wrap-Up 05/28/2021 – 06/03/2021
All Things Supply Chain
JUNE 3, 2021
Tesla’s vehicle price increases due to supply chain pressures The price of Tesla vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials. Prices…
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Beginners Guide to Supply Chain Management
World of Procurement blog
APRIL 23, 2024
A manufacturer is a party in the supply chain that transforms raw materials into finished products. Making : The manufacturing step where raw materials are converted into finished products. What Is a Manufacturer? Manufacturers play a crucial role by creating the physical products that are eventually sold to the consumer.
Beginners Guide to Supply Chain Management
World of Procurement blog
APRIL 23, 2024
A manufacturer is a party in the supply chain that transforms raw materials into finished products. Making : The manufacturing step where raw materials are converted into finished products. What Is a Manufacturer? Manufacturers play a crucial role by creating the physical products that are eventually sold to the consumer.
How China’s New Restrictions on Critical Minerals Will Affect Global Sourcing Strategies
Supply Chain Brain
AUGUST 20, 2023
and China provides yet another reminder of why American high-tech manufacturers need to diversify their supply of critical raw materials. The latest skirmish in the trade war between the U.S.
Sustainable Supply Chain Analysis — Embracing Sustainability
Procurement Tactics
APRIL 6, 2023
You can focus on slowly adopting a circular supply chain where the raw materials are recycled back into the production process. Furthermore, for composite products, you must identify the most important raw materials or semi-finished products and their origin.
Automakers race to build EV battery supply chains in North America
Supply Chain Dive
SEPTEMBER 2, 2022
Auto companies are pouring billions of dollars into new facilities and supplier agreements as they strain to secure needed raw materials.
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Supply Chain Weekly Wrap-Up 02/12/2021 – 02/18/2021
All Things Supply Chain
FEBRUARY 19, 2021
Brexit causing supply problems for small UK manufacturers New post-Brexit trade restrictions have increased the cost of parts and raw materials for two thirds of small British manufacturers, a survey…
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Watch: Improving Inbound Logistics Through Supplier Visibility
Supply Chain Brain
JUNE 5, 2023
The manufacturing floor operates in the blind in the absence of real-time data from suppliers on arrival of parts or raw materials, says Jeffrey Luft, portfolio development executive with Siemens Digital Industries Software.
Direct Purchase Order Definition
ProcurePort
JUNE 2, 2022
• Direct purchase orders are issued in the acquisition of raw materials that go into the final product in a manufacturing enterprise. •
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Electric Vehicles Could Match Gasoline Cars on Price This Year
Supply Chain Brain
FEBRUARY 13, 2023
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
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A Complete Guide to Direct Purchasing System
ProcurePort
JANUARY 20, 2022
Procurement teams rely on a multitude of frameworks to source and supply needed goods, services, and raw materials. A direct purchasing system (DPS) is a contemporary mode of procurement that has been adopted by numerous enterprises. This ‘free […].
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Electronics OEMs Need to Revise Their Supply Chain Risk Management Strategies
Supply Chain Brain
OCTOBER 19, 2022
Where OEMs in the past could concentrate on securing supply of expensive components, now they have to think about everything that goes into production, including raw materials, too.
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Commodity Trading — Everything You Should Know
Procurement Tactics
JUNE 28, 2023
Commodities are Tangible products, which usually refer to raw materials that are used as inputs in producing other goods and services. Commodity Trading is the exchange of essential raw materials and goods. Commodity Trading is the exchange of essential raw materials and goods. What is Commodity Trading?
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Finance Hacks: How to Reduce Supply Chain Costs
Procurement Tactics
NOVEMBER 8, 2022
It focuses on optimizing processes from raw materials to the final products. Plus, it changes how businesses outsource their raw materials, which can now be done online. It dictates the raw materials you will need to procure, as well as the level of production. Improve Demand Forecasting.
What is Sourcing? Your Procurement Guide
ProcurePort
NOVEMBER 24, 2020
Procurement is best described as the business of obtaining the raw materials needed by a company. A lot of people often use the terms procurement and sourcing interchangeably. While they are indeed linked, they are quite distinct processes in themselves. The post What is Sourcing?
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Procure-to-Pay for Indirect Spend
ProcurePort
JANUARY 13, 2022
They follow similar procure-to-pay procurement life cycle steps as when buying raw materials for fabrication of goods for sale. Do companies follow the same procure-to-pay procurement steps used in direct spending when making in-house related purchases? The answer is yes. Let’s find out. What […].
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Sustainable sourcing lacks visibility, posing big supply chain risks
Supply Chain Dive
JULY 12, 2023
Sole source models and a lack of raw material control are the product of short-term strategies, one Supply Chain Dive panelist said.
Mintec: Vendor Analysis — Market intelligence solution overview, roadmap, competitors, tech selection tips, analyst summary
Spend Matters
JULY 24, 2023
It now also covers raw materials (metals and ores, plastics and chemicals, minerals, paper and wood, etc.), industrial materials, energy and transportation. Here’s why Mintec matters: To the market — Mintec provides market intelligence for the food and beverage and raw materials industries.
Apple Expands India Production
Procurement Bulletin
DECEMBER 10, 2023
Raw Materials Trade Tifts Hit EV Production Again As the world slowly migrates to electrifying vehicles, the fight for the raw materials for producing EV vehicles continues: China, the leading graphite producer, implemented new restrictions on the export of graphite. ’s trade restrictions going the other way.
What is Source to Pay (S2P)?
ProcurePort
APRIL 21, 2021
Source to pay is one of the core processes alongside procure-to-pay that procurement teams rely on to ensure raw materials and required services are available as and when needed. So, what is s2p? Glad you asked. The post What is Source to Pay (S2P)?
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Purchase Price Variance — Everything You Should Know
Procurement Tactics
JUNE 7, 2023
Purchase price variance (PPV) is a measure of the difference between the actual cost paid for a product or raw material and the standard cost that was expected to be paid. Whenever the cost of raw materials or components increases, purchase price variances are likely to ensue. Price Purchase Variance: What is it?
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The Complete Procure-to-Pay Cycle
ProcurePort
APRIL 1, 2021
Procure-to-pay, also known as purchase-to-pay (P2P) is a fundamental procurement process designed to source and pay for the raw materials and or services needed by an enterprise to produce finished goods. […]. What is the role of a procure-to-pay portal in the P2P cycle?
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U.S. Steel Says Accelerating Headwinds Eroding Metal Demand
Supply Chain Brain
SEPTEMBER 16, 2022
The Pittsburgh-based producer said demand has dropped across most of its markets amid persistent supply-chain problems and higher costs for raw materials and energy in Europe.
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What is a Bill of Materials (BOM) and How Do You Create One?
ProcurePort
MARCH 17, 2021
What is a bill of materials (BOM), and how does it impact the life of manufacturers? If you’re assembling a product, it’s important to have a manual that specifies the correct raw materials and provides a clear step-by-step manufacturing process. The post What is a Bill of Materials (BOM) and How Do You Create One?
Kaiser Aluminum reports $24M in higher costs from magnesium, molten metal shortages
Supply Chain Dive
OCTOBER 27, 2022
The aluminum maker is diversifying its supply base after raw material constraints lowered production levels at its Indiana rolling mill.
Tight Battery Market Is the Next Test for EVs After Chip Crisis
Supply Chain Brain
JULY 29, 2021
Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis.
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Analyst Eye on avoiding the supplier silence treatment – the silent slope
Spend Matters
AUGUST 22, 2023
When price rises for raw materials, such as copper or wheat, are market-driven or are defined by market fluctuations, the procurement professional can be sure their supplier will be on the phone to set expectations of cost increases. But it’s not a two-way street. he asked an audience at a workshop he was hosting.
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