America wants to transform its lithium-ion battery supply chain
Good morning! Happy National Cat Day. 🐱
We know… we can’t believe it’s a thing either.
But in other news, the United States is on a mission to transform and improve its lithium-ion battery supply chain. Lithium is essential for powering everyday devices as well as pivoting the country’s energy dependence from fossil fuels to alternative energy. sources, such as electricity.
Check out today’s featured article from Supply Chain Dive to read about the Biden Administration’s plan for lithium industry transformation on domestic soil. ☕️
Featured Article:
How the US plans to transform its lithium supply chain | Supply Chain Dive
“With just 3.6% of global reserves, access to the critical mineral is vital to the country’s sustainable energy plans.”
Leadership & Human Resources 📝
Senior supply chain professions are mostly concerned with high turnover rates
In a survey conducted by digital training provider Skill Dynamics, 99% of those supply chain professionals surveyed stated that the consequences of high employee turnover deeply concerned them. Loss of critical skills and increased risk of errors are the top consequences that were cited.
Employee retention has been delicate for several years due to increased workload and limited progression opportunities. Adrian Preston, head of supply chain content at Skill Dynamics, stated that the notion of “lack of respect” is more common a reason for a professional to leave their job than one would perhaps realize.
Midterm Elections 🇺🇸
Young voters MIA as Dem base flocks to vote early | Politico
In this article, Politico contributor Jessica Pipers writes about the low turnout of younger voters compared to the 2020 election.
Stocks & Economy 📊
Amazon warns of cost cuts during upcoming peak season, no sign of sales growth
In the troubling report from the Wall Street Journal, the e-commerce retail giant is expecting current quarter sales to fall short of projections. Rather than expecting massive sales growth during the upcoming holiday season, the company is discussing cost-cutting measures internally after years of thriving during the pandemic.
Last quarter, Amazon reported a $2.9 billion net profit - its first profit this year, but nearly 10% less than in 2021. The company’s large logistics network is the first like getting a trim, says CEO Andy Jassy.
Let’s Get Global 🌎
Season 1 Nbc GIF By The Titan Games via GIPHY
😰 Persistent supply chain challenges are likely to last through the summer of 2023. That’s at least what respondents to an SAP survey of 400 U.S.-based senior decision-makers are saying. Political unrest, raw materials shortages, and rising energy costs are stubborn as ever, and there is likely to be little-to-no solace for relief for a while. Respondents referenced economic woes among Americans to likely impact the typical peak season rush.
iLevel With You
More topics for the average American household to consider…
🤖 In the ’80s, we thought we would be in self-flying cars… turns out, we aren’t even halfway there. Argo AI, the startup that Ford and Volkswagen had dumped billions of dollars into, is officially closing its doors. The Federal Justice Department is investigating Tesla’s self-driving car claims. And if one thing is clear: the marketing behind self-driving vehicles has been… iffy at best. Autonomous vehicles may have a long road ahead, with two hands on the wheel.
GET SMART
Ramp up that brain power for these advanced topics…
💼 Procurement takes a team, not an individual. That’s the messgage from Anders Lillevik, chief executive officer of Focal Point as he shares his procurement strategies with Bob Bowman on SupplyChainBrain’s podcast.
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.