When the EV sourcing market still depends on fossil fuels…
Good morning! It’s the day after Christmas… and so begins that odd - but fun! - the week between Christmas Day and New Year’s Day…
Electric vehicles are generally considered to be good for the environment because they produce significantly lower emissions than traditional gasoline-powered vehicles. One of the main environmental benefits of EVs is that they do not produce any tailpipe emissions, which are a major contributor to air pollution. The electricity that powers EVs can be generated from a variety of sources, including renewable energy sources like solar or wind power. This means that when an EV is charged using clean electricity, it can have a significantly lower carbon footprint compared to a traditional gasoline-powered vehicle.
HOWEVER: sourcing the materials to make the batteries that run these vehicles takes massive fossil fuel infrastructure… which may defeat the point.
Check out today’s featured article from Supply Chain Digital to read about how while electric vehicles are better for the environment… their supply chains are still riddled with fossil fuels. What kind of global effort will it take to change that industry truth? ☕️
Featured Article:
Fossil fuels embedded in EV supply chain 'a big problem' | Supply Chain Digtal
“It’s a fact. Switching to electric vehicles (EV), in the long term, is better for the environment.”
Shortages & Inflation 🍷
Inflationary pressures and logistical mishaps are making wine very expensive
It’s getting harder to find a good “two-buck chuck”. Wine, an alcoholic beverage made from fermented grapes or other fruits, is becoming one of the more expensive drinks to enjoy this holiday season. Extreme heat, drought, and lingering supply chain issues make aluminum caps hard to come by… these all play a factor in the rising prices. Most people don’t consider how the costs associated with producing a cork can cause a major difference in the grocery shopping trip you’re making for a holiday feast.
Wine production and distribution involve a complex and often long supply chain, which includes a wide range of activities such as grape cultivation, fermentation, aging, bottling, labeling, packaging, and transportation. Ensuring that this supply chain operates smoothly is important for maintaining the quality and consistency of the wine and meeting the demand of consumers in different markets. In addition, the wine supply chain involves a large number of stakeholders, including grape growers, winemakers, bottlers, distributors, and retailers, all of whom need to work together effectively to ensure that the wine is produced and delivered to customers in a timely and efficient manner.
Leadership & Management 👔
Most managers do not anticipate the supply chain returning to normal until 2024 & beyond
According to a recent poll conducted by CNBC, more than half of those surveyed are not expecting a return to normalcy in the supply chain until 2024 or beyond. This is a bleak outlook on a situation that has only seemed to persist through years now of consistent issues.
So, why should we care? As long as the consumer gets what they ordered online in a reasonable time… does this even matter?
Well, yes. Global supply chain problems can have a negative impact on the economy for a number of reasons. One reason is that supply chain disruptions can lead to shortages of goods and materials, which can limit the production and availability of products for consumers. This can lead to higher prices for these products, as well as decreased consumer demand and reduced revenue for businesses.
Another reason is that supply chain disruptions can lead to increased costs for businesses, as they may need to find alternative sources for goods and materials or incur additional costs for transportation and storage. These increased costs can affect businesses' profitability and competitiveness, which can have negative impacts on the economy.
Finally, supply chain disruptions can also lead to job losses and economic instability, as businesses may need to lay off workers or even go out of business if they are unable to operate due to supply chain problems.
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for November 28, 2024, from iLevel Logistics Inc.