Nissan downplays FY22 sales forecast amid consistent supply chain issues
Good morning! It’s Women’s Entrepreneurship Day & International Men’s Day. Celebrating both! 🎉
“Get five or six of your smartest friends in a room and ask them to rate your idea.” — Mark Pincus, CEO of Zynga
Nissan President and CEO Makoto Uchida had some interesting news on the company’s earnings call earlier this month. Due to new coronavirus lockdowns in China and continued chip shortages globally, the company is expecting to produce much fewer units than expected. Their 2022 forecast is now predicting a total of 3.7 million units instead of the previously referenced 4 million.
Check out today’s featured article from Supply Chain Dive to read about Nissan’s shrinking 2022 sales forecast due to parts constraints and coronavirus restrictions caused output in China. ☕️
Featured Article:
Nissan: Chip shortages hurt production more than expected | Supply Chain Dive
“Nissan lowered its global sales volume forecast after semiconductor shortages and COVID-19 lockdowns in China impacted production more than expected, President and CEO Makoto Uchida said in a Nov. 9 earnings call.”
Rail & Border Issues 🚂
British multinational chemical company takes control of its rail network
A “Lean” chemical supply chain depends on the shipper’s ability to keep track of shipments. A British multinational chemical company, operating in more than 25 countries, wanted full control. With a fleet of more than 7,000 rented or leased railcars, they chose to partner with Roambee, a provider of a global, real-time supply chain visibility tool.
Roambee provides optical character reading (OCR) capability and analytics to address the problem of failures in the chemicals supply chain. The company’s sensors are linked to the internet and sit atop the shipper’s railcars in special containers that protect them against wear and tear due to weather. Through this, timely status alerts are provided that enable the accurate planning of dispatches and retrievals.
Peak Season & Supply Chain Issues 🎄
USPS is prepared for the 2022 peak season “boom”
After previous years provided to be a disaster, the United States Postal Service is more equipped to handle the 2022 peak season rush than years before. There may be fewer seasonal employees and facilities on board, but agency stakeholders are feeling confident that the Postal Service can handle the influx. New package sorting machines, leased additional trailers, and 28,000 seasonal employees have been added to the roster as packages come flooding in.
According to an Office of Inspector General, there are still some issues. The USPS had only secured leases for 53% of temporary processing annexes and although contingency plans are available… the amount of peak season space being leased is much less than expected.
Let’s Get Global 🌎
Season 17 Episode 6 GIF By The Simpsons via GIPHY
♻️ California has a plan and the world is looking to follow it. California’s CALSTART Drive to Zero program aims for 100% of new medium- and heavy-duty vehicle sales to be zero-emission by 2040. It is co-led by the Netherlands and has already been cosigned by the federal government, and 16 other nations, as well as a collection of local governments, manufacturers, and suppliers. Now formally known as the “Global Memorandum of Understanding (Global MOU) on Zero-Emission Medium-and Heavy-Duty Vehicles”, the endorsement was announced at the COP27 diplomatic retreat in Sharm el-Sheikh, Egypt.
News Bag 🗞️
This Week in Logistics News (November 12 – 18) | Logistics Viewpoints
Logistics Virepoints contributor Chris Cunnane writes about Walmart’s altered supplier negotiations, a possible rail strike, and DoorDash’s partnership with Sephora in this article.
Business Strategy 💡
Holcim’s Three-Pronged Approach to Supply Chain Innovation in the Pandemic | Supply Chain Brain
In this article, Supply Chain Brain discusses Holcim’s approach to managing pandemic-era supply chain challenges. Holcim is a manufacturer of sustainable building materials, operating in approximately 70 countries.