supply chain – Language Keyboard http://www.language-keyboard.com/ Tue, 01 Mar 2022 01:59:38 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.language-keyboard.com/wp-content/uploads/2021/11/icon-120x120.jpg supply chain – Language Keyboard http://www.language-keyboard.com/ 32 32 Launched a new online system for the continued provision of free PPE to continue protecting our workforce and communities https://www.language-keyboard.com/launched-a-new-online-system-for-the-continued-provision-of-free-ppe-to-continue-protecting-our-workforce-and-communities/ Tue, 01 Mar 2022 00:19:26 +0000 https://www.language-keyboard.com/launched-a-new-online-system-for-the-continued-provision-of-free-ppe-to-continue-protecting-our-workforce-and-communities/ Follows previous announcement on extending free COVID-19 PPE until end of March 2023 Through the previous PPE portal, over 6 billion items have been distributed to over 54,000 healthcare, care and public sector providers in England to date A new online platform for ordering personal protective equipment (PPE) in England has been launched. The new […]]]>
  • Follows previous announcement on extending free COVID-19 PPE until end of March 2023

  • Through the previous PPE portal, over 6 billion items have been distributed to over 54,000 healthcare, care and public sector providers in England to date

A new online platform for ordering personal protective equipment (PPE) in England has been launched.

The new system relies on user feedback to improve the experience of those using the site.

There is an ongoing migration period from the old system to the new platform, and from April 4, 2022, all customers will be automatically redirected to the new PPE portal from the previous site. The new platform will be managed by NHS Supply Chain.

During the soft launch of the new portal, the Department conducted a survey and received 446 responses. Overall, 96% of respondents said they were “very satisfied” (76%) or “satisfied” (20%) with the new website. Additionally, 97% said they were either “very confident” (85%) or “confident” (12%) when using the new platform.

The PPE Portal will serve a range of health, care and public sector providers, including GPs, adult social care, dentists, orthodontists, community pharmacies, optometrists, children’s social care providers , drug and alcohol services, other government departments, local authorities, independent sector providers who carry out NHS work, and more. This will cover millions of employees, patients, customers and service users in England.

Last month it was announced that following public consultation, NHS trusts, primary care providers and adult social care providers will continue to receive free COVID-19 PPE until March 31, 2023 or until infection prevention and control (IPC) guidance is withdrawn or significantly changed. This is to ensure staff and their patients are protected as we learn to live with COVID-19.

The new platform cements the Department’s commitment to continuous improvement of this essential service, including considerations for product offerings and who is eligible to use it.

Some of the key benefits of the new platform are a more user-friendly site that makes it easier to place orders, view order limits and track deliveries, and, where applicable, the ability to react and mitigate evolving situations and potential future health. seizures.

Eligible users have been notified by email of their transfer to the new platform and communication will continue over the coming weeks.

Those with questions regarding the migration can contact the customer services team on 0800 876 6802, which is available from 7:00 a.m. to 7:00 p.m., 7 days a week. Users can also ask questions directly through the new platform.


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Police lead the way to the key bridge between the United States and Canada, but still closed https://www.language-keyboard.com/police-lead-the-way-to-the-key-bridge-between-the-united-states-and-canada-but-still-closed/ Mon, 14 Feb 2022 00:20:15 +0000 https://www.language-keyboard.com/police-lead-the-way-to-the-key-bridge-between-the-united-states-and-canada-but-still-closed/ Protesters face police as they enforce an injunction against their demonstration, which has traffic blocked on the Ambassador Bridge by protesters against COVID-19 restrictions, in Windsor, Ont., Saturday, February 12, 2022. De many demonstrators moved away from the ambassador. Bridge spanning the river between Detroit and Windsor, Ont., as dozens of police approached shortly after […]]]>

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Protesters face police as they enforce an injunction against their demonstration, which has traffic blocked on the Ambassador Bridge by protesters against COVID-19 restrictions, in Windsor, Ont., Saturday, February 12, 2022. De many demonstrators moved away from the ambassador. Bridge spanning the river between Detroit and Windsor, Ont., as dozens of police approached shortly after dawn. (Nathan Denette/The Canadian Press via AP)

PA

Police moved in to clear and arrest the remaining protesters near the busiest US-Canada border crossing on Sunday, ending a protest against COVID-19 restrictions that have hurt both countries’ economies even as they held back from a crackdown on a larger protest in the capital, Ottawa.

The protest in Ottawa has paralyzed downtown, infuriated residents who are fed up with police inaction and ratcheted up the pressure on Prime Minister Justin Trudeau, who chaired a Cabinet meeting on Sunday night.

The protests have reverberated across Canada and beyond, with similar convoys in France, New Zealand and the Netherlands. The US Department of Homeland Security has warned that truck convoys may be in preparation in the United States.

Windsor police said about 25 to 30 people were peacefully arrested and seven vehicles were towed away just after dawn near the Ambassador Bridge that connects their city – and many Canadian auto factories – to Detroit.

“Today our national economic crisis at the Ambassador Bridge ended,” said Windsor Mayor Drew Dilkens, who expressed hope the bridge would reopen on Sunday. “Border crossings will reopen when it is safe to do so and I defer to the police and border agencies to make that decision.”

But the bridge remained closed as a snowstorm hit the area, and Windsor Police Chief Pamela Mizuno did not offer a timeline for when it would reopen.

“There are steps we need to take to reopen the roads so that we don’t have the same problem,” she told a news conference. “We have to make sure we are able to keep the traffic flowing.”

Only a few protesters remained after police persuaded protesters on Saturday to move the vans and cars they had used to block a crossing that sees 25% of all trade between the two countries.

US President Joe Biden’s administration on Sunday acknowledged the seemingly peaceful resolution of the protest, which it said had “widespread adverse effects” on “the lives and livelihoods of people” on both sides of the border. .

“We stand ready to support our Canadian partners wherever needed to ensure the resumption of the normal free flow of commerce,” Homeland Security Advisor Dr. Liz Sherwood-Randall said in a statement.

In Ottawa, about 500 miles northeast of Ottawa, Mayor Jim Watson said Sunday the city has reached an agreement with protesters who have blocked downtown streets for more than two weeks, causing them to will leave residential areas in the next 24 hours.

Watson said he agreed to meet with protesters if they limited their demonstration to an area around Parliament Hill and moved their trucks and other vehicles out of residential areas by noon Monday. A response from protest organizers suggested they would comply.

Watson added in his letter to protesters that residents are “exhausted” and “on edge” due to the protests and warned that some businesses are on the verge of permanent closure due to the disruption.

The ranks of protesters had swelled to what police said were 4,000 protesters on Saturday, and a counter-protest by frustrated Ottawa residents trying to block the convoy of trucks from entering downtown emerged on Sunday.

Clayton Goodwin, a 45-year-old military veteran who was among the counter-protesters, said it was time for residents to stand up against the protesters.

“I’m horrified that other veterans are out there co-opting my flag, co-opting my service,” said Goodwin, who is the CEO of the Veterans Accountability Commission, a nonprofit advocacy group. “It’s a scam. The city was free. We are 92% vaccinated. We are ready to support our businesses.

Colleen Sinclair, another counter-protester, said protesters had had enough time to voice their displeasure and needed to move on — with the police, if it comes down to that.

“They are occupiers. People are afraid to go to work, too afraid to leave their homes,” she said. “That’s not how you make your voice heard. This is domestic terrorism and we want you to get out of our town. Go home.”

The city has seen similar expansions of the protest over the past weekends, and loud music played as people crowded downtown where anti-vaccine protesters have camped out since late January, to the frustration of protesters. local residents.

“I feel like I’m living in another country, like I’m in the United States,” said Shannon Thomas, a 32-year-old teacher. “It really makes me sad to see all these people waving Canadian flags and acting like patriots when it really is the saddest and most embarrassing thing I’ve ever seen.”

Trudeau has so far rejected calls to use the military, but said “all options are on the table” to end the protests. Trudeau called the protesters a “fringe” of Canadian society. Federal and provincial politicians said they could not tell police what to do.

Major-General Steve Boivin, commander of Canadian Special Operations Forces Command, said Sunday that two of his special forces soldiers were supporting the protests in Ottawa and were about to be “released” from service. Boivin said the activity goes against military values ​​and ethics.

A judge on Friday ordered an end to the blockade at the Windsor crossing and Ontario Premier Doug Ford declared a state of emergency, authorizing fines of C$100,000 and up to a year in prison for anyone who unlawfully blocks roads, bridges, walkways and other critical infrastructure.

Partial closures of the bridge began on February 7 and by midweek the disruption was so severe that automakers began shutting down or cutting production. The standoff came at a time when the industry is already struggling to maintain production in the face of pandemic-induced computer chip shortages and other supply chain disruptions.

“We are protesting the fact that the government is taking away our rights,” said Windsor resident Eunice Lucas-Logan. “We want the restrictions removed. We have to wait to find out.

The 67-year-old has been supporting the protest for four days. She said she appreciated that the police were patient.

On the other side of the country, a major truck border crossing between Surrey, British Columbia, and Blaine, Washington, was closed on Sunday, a day after Canadian authorities said a few vehicles had broke through the police barricades and that a crowd had entered the area on foot.

The Royal Canadian Mounted Police said Sunday afternoon that four people had been arrested for “mischief” during the protest. Some people who stayed overnight had packed up and left, but the border post and roads in the area remained closed.

A border blockade that began in Coutts, Alta., north of Sweet Grass, Montana, on Jan. 29 also remained in place. Police issued more than 50 tickets on Saturday and continued to issue more on Sunday, the RCMP corporal said. said Troy Savinkoff.

Officers also intercepted and disabled three diggers that were being brought to the protest, Savinkoff said.

“If these had reached the blockade, it would have only aggravated the unfortunate situation we are facing at the border,” he said.

As protesters decry vaccination mandates for truckers and other COVID-19 restrictions, many of Canada’s public health measures, such as mask rules and vaccination passports for entering restaurants and theaters, are already falling as omicron’s thrust stabilizes.

About 90% of truckers in Canada are vaccinated, and trucking associations and many large truck operators have denounced the protests. The United States has the same vaccination rule for truckers crossing the border, so it wouldn’t make a difference if Trudeau lifted the restriction.

Pandemic restrictions there have been much stricter than in the United States, but Canadians have largely supported them. The vast majority of Canadians are vaccinated, and the death rate from COVID-19 is one-third that of the United States.

Meanwhile, Biden, in an interview with NBC’s Lester Holt on Sunday before the Super Bowl, struck a critical tone when asked about who might oppose the mask mandate at the championship game. of the NFL.

“I love how people talk about personal freedom,” he said. “If you’re exercising your personal freedom, but you’re putting someone else at risk, their health at risk, I don’t consider that to be very good with freedom.”

____

Gillies reported from Toronto. Associated Press writers Ted Shaffrey in Ottawa, Ontario and Gene Johnson in Seattle contributed to this report.


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New Jersey Assemblyman Proposes Legislation Fines Retailers For Shipping Small Items In Boxes More Than Twice Their Size – CBS New York https://www.language-keyboard.com/new-jersey-assemblyman-proposes-legislation-fines-retailers-for-shipping-small-items-in-boxes-more-than-twice-their-size-cbs-new-york/ Fri, 11 Feb 2022 23:34:00 +0000 https://www.language-keyboard.com/new-jersey-assemblyman-proposes-legislation-fines-retailers-for-shipping-small-items-in-boxes-more-than-twice-their-size-cbs-new-york/ MONTCLAIR, NJ (CBS New York) — Many of us have done a lot more shopping online since the pandemic began, and some have noticed that these boxes are getting bigger and bigger, even though the items ordered are the same size. As CBS2’s Nick Caloway reports, a New Jersey lawmaker says enough is enough. READ […]]]>

MONTCLAIR, NJ (CBS New York) — Many of us have done a lot more shopping online since the pandemic began, and some have noticed that these boxes are getting bigger and bigger, even though the items ordered are the same size.

As CBS2’s Nick Caloway reports, a New Jersey lawmaker says enough is enough.

READ MORE: Opening of the COVID-19 Center of Excellence in Bushwick

We have all been there. You order a small item online and for some reason it appears in a huge box.

“It’s just wasteful,” said Montclair resident Jane Nevin.

It’s a waste of cardboard and packing materials inside, and it drives some people crazy.

“So useless. It bothers me,” said Lakewood resident Karen Plaskow.

For example, John McKeon ordered a small “baby on board” magnet from Bed Bath & Beyond to celebrate the birth of his first grandchild.

“Could have fit in the palm of your hand and been in an envelope. Instead, it was in a box probably 25 times bigger. Not to mention all the packing material that comes with it. But what a waste,” he said.

READ MORE: Connecticut lawmakers expand school mask mandate statewide

McKeon isn’t just a new grandfather; he is a member of the New Jersey assembly and has served on the environment committee for two decades.

So the Essex County Democrat is proposing new legislation that would fine large retailers or big-box stores for shipping items in boxes that are more than double the size, in a bid to reduce waste in the e-commerce industry, which has surged since the start of the pandemic.

“Just a common-sense bill on its own should be enough to save tons and tons and tons of cardboard and reduce our carbon footprint,” McKeon said.

Bed Bath & Beyond did not respond to CBS2’s request for comment, but some major retailers are already trying to reduce shipping waste.

Amazon has recently sent smaller items in smaller boxes or envelopes. The company claims to have reduced the weight of outbound packaging by more than 36% over the past seven years.

McKeon expects some pushback from online retailers, but hopes other lawmakers will enact and pass the bill by this summer.

If passed, large online retailers could be fined $250 to $500 for each violation.

NO MORE NEWS: Business owners are grateful to consumers for spending this Valentine’s Day amid the pandemic and supply chain issues

CBS2’s Nick Caloway contributed to this report.


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Could this be the last great American oil boom? https://www.language-keyboard.com/could-this-be-the-last-great-american-oil-boom/ Wed, 09 Feb 2022 01:00:00 +0000 https://www.language-keyboard.com/could-this-be-the-last-great-american-oil-boom/ Recently, ExxonMobil, (NYSE:XOM) and Chevron, (NYSE:CVX) announced their intention to sharply increase production in their shale production by about 25% this year. The companies both already have a large production base, with XOM having added around 85,000 BOEPDs to their total of 460,000 BOEPDs in 2021. CVX is a bit behind XOM with around 300,000 […]]]>

Recently, ExxonMobil, (NYSE:XOM) and Chevron, (NYSE:CVX) announced their intention to sharply increase production in their shale production by about 25% this year. The companies both already have a large production base, with XOM having added around 85,000 BOEPDs to their total of 460,000 BOEPDs in 2021. CVX is a bit behind XOM with around 300,000 BOEPDs, and expects similar growth of around 25 % in 2022. If this comes to fruition, it will add another 180-200K BOEPD to the increase in shale production in the United States that the Energy Information Agency-EIA projects will increase by about 800K BOEPD this year .

As I explained in a recent Item Oil Price this is due to fundamentally strong prices and a finite limit on the number of drilled but uncompleted-DUC wells that can come online. In this article, I quoted a Article Rystad who speculated that Level I drill locations had been advanced due to low prices at the time. This could portend an unexpected outcome over the next couple of years.

“Five months into 2020 and three months into the resulting downturn and collapse in drilling activity, we are seeing operators increasingly focusing on sweet spots. This should result in Tier 1 acreage accounting for a record 47% share of total drilling activity this year, compared to 36% to 40% between 2016 and 2019.”

Rystad

So far, the biggest independents like Occidental Petroleum, (NYSE:OXY) and Pioneer Natural Resources, (NYSE:PXD), and others have not announced major revisions to their investment plans. These plans, called “maintenance capex,” had been formulated to maintain current production or increase it slightly to help stabilize oil prices at current levels north of $80 a barrel. However, the CEOs of two major production companies, ConocoPhillips (NYSE:COP), and OXY were quoted in a Reuters story acknowledging that shale production will rise significantly above previous projections from a year ago. Given this, it is likely that we will hear about upward revisions to previously announced capital budgets for 2022.

In this article, we’ll look at some near-term scenarios that will likely arise from this shift in strategy. Among them will be America’s last great oil boom..

First-rate effects

Capital always seeks its highest return. This is an almost undisputed maxim of economics. Shale production, with breakeven costs in the upper $20s for large producers, has reached a point where production needs to increase, in part because of the margins offered by current WTI prices. It would be remiss of oil company executives not to allocate more capex to pump more from the ground in this scenario.

This will increase land rig utilization and significantly higher rig margins as operators seek to increase production. Let’s start with the overall number of EIA projects at around 800,000 BOEPDs by next year, which would bring US production back towards the BOEPD of around 13mm seen at the end of 2019. The EIA report on drilling productivity-DPR from the January 18and score a weighted average of ~1135 BEPPD of new oil per platform. Simple calculations suggest that if this goal is achieved, it will require the support of about 700 additional platforms to achieve it. For reference, over the past two years we’ve added about 400 platforms, up from the mid-2020 bottom of 253. (Gray line on the graph below).

PrimaryVision Data, Chart by Author

One of the takeaways from the chart is the relatively flat upward trajectory of US rigs over the past two years. It is particularly notable in the six months leading up to it, as the other key metric – oil prices, showed a strong inflection – 30% higher. This speaks to the capital restriction that shale producers have held tightly to. Until now.

Can we really see a doubling of the number of platforms over the next year? The incentives are certainly there, as we noted. But supply chain and personnel limitations can have an impact. All companies surveyed noted that despite renewed optimism about the future, supply chain-induced pricing pressures, logistical limitations due to trucking shortages, and the ability to find and train new employees. Halliburton CEO Jeff Miller commented in detail on how they were handling these challenges during their quarterly Q-4, 2021 conference call –

“As activity picks up, the market is experiencing stress related to trucking, labor, sand and other inputs. While we pass these increased costs on to operators, Halliburton offers effective solutions that minimize the operational impact of this sealing and deliver reliable execution to our customers. For example, in 2021 we expanded our collaboration with Vorto and now benefit from 5F, the oil and gas industry’s largest integrated transportation platform. This platform has several thousand drivers, hundreds of transporters and a chain of asset maintenance yards. This allows us to effectively manage trucking inflation and availability constraints and significantly reduce logistics-related non-productive time. Our human resources team and systems effectively alleviate local labor shortages. We recruit nationally and hire, train and manage a commuter workforce that represents up to 80% of our staff in some regions.

HAL repositories

We’ve seen similar comments in reviews from other service and supply companies. One thing we haven’t discussed yet for the sake of brevity is the rate of decline of shale. I talked about it in detail in a Item Oil Price in December. You can read this for more information on shale decline rates that could impact drilling.

In summary for this section, the incentive for producers to sharply increase production incentivizes them to increase investment budgets to take advantage of it. If all of this goes as planned, the result will be a sharp increase in drilling activity in the shale plays. The logistics and supply chain issues plaguing the industry in general and, of course, the naturally high rate of decline in shale production offset this factor.

Lack of Tier I slots, second-order effects-

Other voices now echo the concerns I noted about the remaining quality of drillable inventory. An article published in the Wall Street Journal-WSJ, discussed this dwindling inventory of prime locations in a recent post.

“The limited inventory suggests that the era in which U.S. shale companies could quickly flood the world with oil is receding and that market power is shifting to other producers, many of them overseas. Some investors and executives in the energy sector said concerns over inventories likely prompted a recent round of acquisitions and would lead to further consolidation.

WSJ

If, in fact, this reduced level of premium drilling locations is impacting shale production, then the burst of activity that I anticipate will not produce the desired and anticipated production growth results. Does this mean that the increase in drilling activity that I expect will also decrease?

Probably not. The rate of shale decline, aging well inventory, both suggest that a new drilling push needed to maintain or attempt to increase shale production to higher levels will eventually miss its target. .

Your takeaway meals

We believe that the production increases we are currently seeing are not sustainable. Companies can move to lower tier drilling sites that could not compete for capital in a lower price environment to avoid being locked out in a downturn. In any event, as these prime locations are used, production will drop.

This is bullish for long-term oil prices, as shale is expected to be an unlimited resource that has direct cause and effect for higher drilling levels. As we discussed, this is likely a misguided notion and fewer future barrels will meet increased demand, driving prices higher.

All of this is bullish for companies that drill and produce oil and gas, and as cash flow and margins improve with higher realizations, their share price multiples will also increase.

Investors entering the market now will have the chance to participate in an era of significantly higher oil activity. The old oilfield prayer, “just give me one more boom”, is about to come true.

By David Messler for Oilprice.com

More reading on Oilprice.com:


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6 best shopping deals in February https://www.language-keyboard.com/6-best-shopping-deals-in-february/ Mon, 31 Jan 2022 19:10:36 +0000 https://www.language-keyboard.com/6-best-shopping-deals-in-february/ iStock/Getty Images February may be the shortest month of the year, but shoppers still have plenty of time to discover bargains. You’ll find winter apparel and winter sports gear in deep discount this month, though inventory and selection may be low as retailers finish phasing out these items. Many of the biggest savings will be […]]]>


February may be the shortest month of the year, but shoppers still have plenty of time to discover bargains. You’ll find winter apparel and winter sports gear in deep discount this month, though inventory and selection may be low as retailers finish phasing out these items.

Many of the biggest savings will be on big-ticket household items, such as appliances, furniture, and mattresses. As they did with Black Friday sales, which are now spread throughout November, retailers will extend Presidents’ Day sales beyond the actual holiday, Feb. 21.

“Presidents’ Day sales aren’t just for one day or one weekend,” says Kimberly Palmer, spokesperson for personal finance website NerdWallet. “They often start at the beginning of the month and extend well into the following week.”

Read on for an overview of the types of products that shopping experts say retailers tend to mark down this time of year.

1. Appliances

Whether you’re remodeling a kitchen or ready to replace an old or inefficient washer-dryer combo, this is a great month to find great deals on home appliances, according to analysis by tech publisher DigitalTrends.com. One note: supply chain issues persist for devices, so even if you are able to pick and order your devices at the price you want, you may have to wait a month or more for delivery.

Where to look for offers: Sears, Best Buy, Home Depot

Potential savings: 20 percent or more

2. Winter sports equipment

While snow and temperatures could continue to drop for weeks, retailers are already trying to shed cold weather items to make room for spring inventory. This means you can find great deals on snow pants, skates and sleds (although you can do better on skis in March).

Where to look for offers: REI, Dick’s Sporting Goods, Walmart

Potential savings: 30 percent or more

3. Mattress

Presidents’ Day represents one of the biggest shopping events of the year for the mattress industry, and retailers are dropping prices dramatically to move products. Palmer suggests doing your research and even shopping ahead, so you’ll be ready to order when the sales hit.

Where to look for offers: Mattress Company, Macy’s, Overstock.com

Potential savings: Up to 50 percent



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Looking at non-metro, first-time buyers, e-merchants getting into social commerce https://www.language-keyboard.com/looking-at-non-metro-first-time-buyers-e-merchants-getting-into-social-commerce/ Sun, 30 Jan 2022 21:30:24 +0000 https://www.language-keyboard.com/looking-at-non-metro-first-time-buyers-e-merchants-getting-into-social-commerce/ The social commerce model – pioneered by Facebook-backed unicorn Meesho and which essentially connects buyers and resellers – is seeing a rise in the number of non-traditional e-commerce businesses springing up across the country. These include Dealshare, Mall91, SimSim (which was acquired by Google’s YouTube video streaming platform), among others. The biggest conventional name to […]]]>

The social commerce model – pioneered by Facebook-backed unicorn Meesho and which essentially connects buyers and resellers – is seeing a rise in the number of non-traditional e-commerce businesses springing up across the country. These include Dealshare, Mall91, SimSim (which was acquired by Google’s YouTube video streaming platform), among others. The biggest conventional name to enter the space happened in July last year when Flipkart launched its Shopsy app, featuring a 15 crore catalog of products in categories including fashion, beauty, mobiles, electronics and home.

Products listed on these platforms typically include unbranded or lesser-known brands that are purchased by resellers in these marketplaces to sell on their social media channels to individual customers. The fundamental differentiator in purchasing power between the urban online shopper stationed in metropolitan and Tier I cities, and the smaller ticket-generating shopper in rural cities and Tier II+ is what drives businesses e-commerce companies scrambling through the social commerce jungle to deepen penetration in non-metro segments. However, retail industry experts believe that a replication of Chinese success in the social commerce space may hinge on India’s ability to support this venture with manufacturing capabilities.

Among the global names to enter the space, Singapore-based consumer internet company Sea Group’s Shopee e-commerce platform broke into the segment. Having only launched in November 2021, the app became the second most downloaded free app on Android platforms in December and January, according to data from SensorTower.
The small-town placement of these social commerce apps, through which they primarily seek to target first-time online shoppers, has been seen in the numbers recorded. Meesho, for example, in 2021 saw that 71% of all new users came from Tier 3+ regions like Malkangiri in Odisha, Baikunthpur in Chhattisgarh, Munnar in Kerala, Mankachar in Assam, Khalari in Jharkhand, Lalganj in Uttar Pradesh and Mahua in Bihar.

“Some models in China based on social commerce have been very successful. People are using social media to aggregate demand. Theoretically, in this model, you only manufacture or source after aggregating a minimum quantum of demand. Pinduoduo has had great success in China in this model. In India what we have seen is that the model is copied unlike China that the purchasing power there is significantly higher than in India, and secondly the supply chain and the e-commerce penetration in China are much better,” Arvind Singhal, chairman and managing director of retail consultancy Technopak told The Indian Express.

“In India, even when you are in the middle income group, purchasing power drops dramatically. Discretionary spending power is even more so. Many of these startups have a poor idea of ​​addressable demand in India and the challenges of aggregating demand and delivering products. Moreover, Chinese supply chains are very efficient – ​​an advantage that a company like Pinduoduo enjoys,” he added.

While the distribution of the online shopping market is still heavily in favor of traditional e-commerce businesses, compared to social commerce platforms, the majority of growth, even globally, is being driven by businesses. of social commerce. According to a RedSeer report, in the 2020 Black Friday sale in the US, leading social commerce company Shopify saw $5.1 billion in gross merchandise value, while Amazon was just under $4. .8 billion dollars.

A significant problem reported with this model is the widespread incidence of counterfeit and counterfeit products delivered through the platforms, given that there is little or no control over the supply chain and inventory. More recently, according to reports, an FIR was filed against Shopee in Lucknow by a complainant alleging duplicate products were delivered from the platform.

In response to a series of questions sent by The Indian Express, a statement from Shopee noted: “Shopee is a Singaporean company committed to helping small Indian businesses thrive through our online e-commerce marketplace. Our goal is to partner with India’s digital economy mission while contributing to the Aatmanirbhar Bharat Abhiyan. We are honored that thousands of local sellers are already growing their online business on Shopee.”

“The sale of counterfeit items and other intellectual property infringing products is strictly prohibited on our platform. We require our sellers to comply with both local regulations and our own policies. We also employ a variety of proactive screening measures to identify listing violations, and we provide procedures for intellectual property owners to request the removal of infringing listings,” he added. In India, the next frontier targeted by these social commerce companies is the grocery space, where many of them, including Flipkart and Meesho, have made their presence felt.


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Here are the items consumers are struggling to find when they’re in short supply: survey https://www.language-keyboard.com/here-are-the-items-consumers-are-struggling-to-find-when-theyre-in-short-supply-survey/ Fri, 28 Jan 2022 16:39:22 +0000 https://www.language-keyboard.com/here-are-the-items-consumers-are-struggling-to-find-when-theyre-in-short-supply-survey/ Americans across the country are reporting difficulty finding everyday items due to shortages caused by supply chain issues. A new Morning Consult survey has identified the products consumers are having the most trouble finding, ranging from food to paper goods and motorcycles. The Omicron wave of the coronavirus pandemic has exacerbated bottlenecks and other supply […]]]>

Americans across the country are reporting difficulty finding everyday items due to shortages caused by supply chain issues.

A new Morning Consult survey has identified the products consumers are having the most trouble finding, ranging from food to paper goods and motorcycles. The Omicron wave of the coronavirus pandemic has exacerbated bottlenecks and other supply disruptions, leading to more shortages at a time when consumers are also facing inflationary pressures and higher prices.

Most people struggled to find groceries and food. Forty-seven percent of consumers said they had trouble finding such products last month, compared to 41 percent who reported a problem in November 2021.

Last week, many customers were complaining about the shortage of cream cheese. Videos posted to social media show canned goods, produce, frozen foods and other items missing from the shelves.

Homes or apartments were the second hardest thing to find, with 41% of American adults saying it was difficult to find a home. Demand issues, rising mortgage rates and high prices are all putting pressure on buyers and renters.

Paper goods rank third for shoppers. Forty percent of Americans said they struggled to find paper towels and other items in January.

New and used cars, exercise equipment, furniture and appliances were hit between November and January, with consumers saying it is harder to find these products than two months ago.

Supply chain bottlenecks have been encountered around the world amid the ongoing pandemic. Last fall, President Joe Biden and his administration embarked on a “90-day sprint” to alleviate the problems, working with ports and big business to extend the hours.

A new survey has identified the top products consumers are having the hardest time finding due to shortages, ranging from food to paper goods and motorbikes. Above, butter and cheese shelves lie empty at a Miami Beach supermarket on January 13.
Chandan Khanna/AFP via Getty Images

Shortages and delays have exacerbated the price hike. The United States ended the year with inflation at its highest level in 40 years, with the Department of Labor indicating that the consumer price index rose 7%.

Shortages may affect women and adults living outside of urban centers more negatively, according to Morning Consult.

Fifty-two percent of female respondents said they had trouble finding certain items when searching for groceries in the past month, compared to 42 percent of male shoppers. When it comes to location, 49% of suburban and rural shoppers said they had trouble finding certain products, compared to 39% of city dwellers.

Women and people living outside cities also reported greater price sensitivity than men or those living in urban centers. Women and rural or suburban respondents who said they had trouble finding a product when shopping in the past month were less likely to pay inflated prices for those items.

Morning Consult surveyed 2,200 American adults between January 13-14. The poll has margins of error of up to plus or minus 5 percentage points.


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50/50 JV between trading house ITOCHU and investment fund JIP to become major shareholder of Hitachi Construction Machinery https://www.language-keyboard.com/50-50-jv-between-trading-house-itochu-and-investment-fund-jip-to-become-major-shareholder-of-hitachi-construction-machinery/ Sun, 16 Jan 2022 23:27:33 +0000 https://www.language-keyboard.com/50-50-jv-between-trading-house-itochu-and-investment-fund-jip-to-become-major-shareholder-of-hitachi-construction-machinery/ Posted by Paul Moore on January 16, 2022 As part of a major change in ownership for Hitachi Construction Machinery (HCM), one of the world’s leading suppliers of large mining shovels and haul trucks, a 50/50 joint venture between major Japanese trading company ITOCHU Corp and investment fund Japan Industrial Partners, Inc (JIP) is to […]]]>

Posted by Paul Moore on January 16, 2022

As part of a major change in ownership for Hitachi Construction Machinery (HCM), one of the world’s leading suppliers of large mining shovels and haul trucks, a 50/50 joint venture between major Japanese trading company ITOCHU Corp and investment fund Japan Industrial Partners, Inc (JIP) is to take control of 26% of the company through an acquisition of shares from Hitachi Ltd which is expected to be completed in June 2022. Hitachi Ltd currently owns 51.5% of HCM. The JV will be known as JIP Consortium SPC. While HCM equipment will continue to use the Hitachi brand, and Hitachi Ltd will still own 25.4% of HCM (the remainder being held by general shareholders), HCM will now become an affiliate of ITOCHU and an associated company by at Hitachi equity method but not consolidated. by Hitachi. The deal is worth 150 billion yen or more than $1.3 billion.

Hitachi Ltd said: “With the Support of Japan Industrial The partners and ITOCHU, Hitachi Construction Machinery will be help to enhance the Hitachi brand and the expansion of the Lumada Company by accelerating his global growth strategy. Hitachi will continue to goal for further expansion of tthe Lumada company by collaborating with Hitachi Construction Machinery in R&D like IoT, and parts and services Business who uses digital technologies.” Hitachi plans to discuss with HCM and enter into a transition services agreements with respect to various platformsrights and obligations among HCM and Hitachi and his group companies, including continued use of the Hitachi trademark, on the closing date of Share Tto transfer.

As the parent company, Hitachi says it has worked closely with HCM to support the company’s growth. Currently, HCM’s basic growth strategy policy is to contribute to solving the problems that its to customers and society by developing a value chain business (parts and services, rental, used equipment, etc.) in addition to its new machinery business, with a focus on major construction machinery, such as excavators, wheel loaders and dump trucks. Under the “Realizing Tomorrow’s Opportunities 2022” management plan, which ends in fiscal 2022, HCM strives to achieve sustainable growth and improved enterprise value through to the three pillars of its management strategy: (i) strengthening its value chain activities, (ii) providing improved solutions at every customer touchpoint, and (iii) creating a highly flexible corporate structure and resistant to change.

He adds: “Hitachello and HCM have took into consideration measures to pursue growth and improvement of enterprise value of HCM. As part of the consideration, Hitachi has initiated discussions with JIP and ITOCHU as new partners who can support the growth of HCM of a medium too longterm perspective. JIP has a extensive track record of investments and partnerships in Japan, and ITOCHU has the to knowwhat does this have to do with construction machinery and Dlate equipment companies within the group. Hitachi believes that HCM aims for new growth thanks to the collaboration with both companies with such strengths will lead to a improving the enterprise value of HCM, and at come to the conclusion that Hitachi will transfer part of the ordinary shares of HCM owned by Hitachi at CPS of the JIP consortium.

Hitachi will use the product obtained from andand To share Jto transfer as a source of funds for reinforcement his financial based, return at his shareholders, and invest in growth Opportunities, and go aspire at to improve his Company value Going through sustainable growth through social networks innovative company.

For its part, ITOCHU is considering aaccelerating multifaceted companies bthere generate synergies with its existing activities and develop its value chain in collaboration with Hitachi Construction Machinery in the United States and a variety of other geographies, as well as a wide range of fields of activity. For example, Hitachi Construction Machinery has been working to build its own dealer network immediately after reaching an agreement to dissolve its alliance with Deere & Company and plans to generate synergies by rebuilding its sales channels and cross-selling products using the network. North American ITOCHU customers. Hitachi Construction Machinery also plans to export Hitachi-branded excavators to North America after the Deere alliance ends and ITOCHU has entered into discussions with Hitachi Construction Machinery on collaboration for greater supply chain efficiency , for example by sharing logistics using land and sea logistics. networks between Japan and the United States and good inventory management in North America.

Hitachi Construction Machinery aims to contribute to the networkzero emissions initiative, on which mining companies around the world are working, through efforts concerning toh drums electric dump trucks in joint development with ABB Ltd, as well as operate efficiently and digitization of mines in in order to reduce costs and achieve a higher level of security in collaboration with the Hitachi group. ITOCHU will consider collaborating withh Hitachi Construction Machinery through initiatives which will contribute to the contribution to and commitments with the SDGs, including initiatives implemented through his Metals & Minerals VSbusiness, which holds interests in the metallic resources, and through his Energy & Chefriendly VSbusiness, which operates energy storage systems (ESS) Business.

ITOCHU said: “The construction machinery industry Is seeing a accelerated to flow from ownmastery (purchase) at use (rent). This will require business transformation to meet diversified customer needs, including preventive maintenance and improvement of the availablity ratio using construction machines availability data; online purchases again equipment and rooms and sales second hand equipment; and Support for rentals. ITOCHU will strive to provide customers with new value by tapping into its existing business base and jobing with Hitachi Co.Instruction machines for deepen the business of solutions on which it focuses, relying on a marketoriented perspective.”

ITOCHU and its group company, JOkyo Century Corporation already manage a construction machinery finance business jointly with Hitachi Construction Machinery in indonesia. Tokyo Century and Hitachi Construction Machinery manages a construction machinery finance company in Thailand also. ITOCHU and Tokyo Century too own commercial operators who provide financial services in the United States. Go forward, ITOCHU and Tokyo Century Plan to Collaborate by Providing Financial Services Together with Hitachi construction machinery in teehe United States and a variety of other geographic regions areas.


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Changes for AggieSurplus, Special Services and Science Store https://www.language-keyboard.com/changes-for-aggiesurplus-special-services-and-science-store/ Mon, 10 Jan 2022 22:59:48 +0000 https://www.language-keyboard.com/changes-for-aggiesurplus-special-services-and-science-store/ AggieSurplus closed 2021 by merging with Special Services, then started 2022 with a new location, new hours, and new ways to buy and pay. The two Supply Chain Management units now operate under the name AggieSurplus and Services. With the November merger came an easier to complete application process as well as overall improved customer […]]]>

AggieSurplus closed 2021 by merging with Special Services, then started 2022 with a new location, new hours, and new ways to buy and pay.

The two Supply Chain Management units now operate under the name AggieSurplus and Services. With the November merger came an easier to complete application process as well as overall improved customer service.

SCIENTIFIC STORE

The former AggieSurplus store at 650, chemin La Rue is now occupied by the Aggie Supply Scientific Store, which has moved from Haring Hall. The store, another unit of Supply Chain Management, sells only to departments.

Tthe new space is bigger, more central for many departments and includes short-term parking. A grand reopening event is tentatively scheduled for Thursday, January 27.

The surplus store moved to the Hopkins Service Complex at 615 Hopkins Road, west of Highway 113, joining the service unit there.

AggieSurplus, which offers furniture, equipment and supplies to departments and the public, is open from 9 a.m. to 1 p.m. on the first Thursday and Friday of each month. Short-term parking is available at the Hopkins Service Complex. Customers should follow campus COVID-19 policies, including, for now, completing the daily symptom survey to enter the store and wear face masks indoors. In addition, customers must log in.

Even when shopping in-store, shoppers must use the online platform to complete their transactions – and credit cards are now the only acceptable form of payment. Departments can use acquisition cards when purchasing items for official academic affairs, purchases for personal use can only be made with personal credit cards.

Note: During the eight hours per month that AggieSurplus is physically open, in-store shoppers have priority purchase rights on orders from outside the store for the same item (s).

Shopping at the new AggieSurplus last week. (Katie Ryan / UC Davis)

The online shopping platform divides inventory into several categories, including electronic, household, industrial, laboratory, office supplies, and vehicles. After making purchases, buyers should contact AggieSurplus via email to arrange pickup times.

The service unit provides labor for office and lab moves, furniture installation and reconfiguration, and projects such as installing whiteboards and keyboard trays, and boxing files . The unit also offers rental of office chairs and event equipment, as well as cargo delivery and outbound cargo preparation.


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Biden’s Economic Challenge: Finding Workers and Assets https://www.language-keyboard.com/bidens-economic-challenge-finding-workers-and-assets/ Fri, 07 Jan 2022 23:06:30 +0000 https://www.language-keyboard.com/bidens-economic-challenge-finding-workers-and-assets/ President Joe Biden speaks about the 2021 Jobs Report in the State Dining Room of the White House on Friday, January 7, 2022, in Washington. (AP Photo / Alex Brandon) Alex brandon PA President Joe Biden enters midterm election year 2022 determined to solve what economists call a ‘supply’ problem – there are not enough […]]]>

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President Joe Biden speaks about the 2021 Jobs Report in the State Dining Room of the White House on Friday, January 7, 2022, in Washington. (AP Photo / Alex Brandon)

PA

President Joe Biden enters midterm election year 2022 determined to solve what economists call a ‘supply’ problem – there are not enough job seekers or goods seekers to meet to the needs of the country.

It is also a political problem. The mismatch masked the strong growth and 3.9% unemployment rate achieved in Biden’s first year, the kind of performance that would typically help the President and Congressional Democrats woo voters mid-term . This left Biden trying to showcase his economic achievements while trying to ward off Republican criticism that his policies fueled inflation.

“This is the kind of recovery I promised and hoped for for the American people,” the president said in remarks on Friday. “My goal is to keep this recovery strong and lasting, despite Republican obstructionism. Because, you know, I know that even though jobs and family incomes have picked up, families are still feeling the pinch in prices and costs. “

Pessimism has overtaken Americans’ views on the economy, even though the economy is objectively better than it was in 2020 just before Biden took office. University of Michigan consumer confidence index is 12.5% ​​lower than a year ago, despite vaccination and 6.4 million jobs created in the past 12 month.

Shoppers are focusing on shortages of cars, towels and even breakfast cereals. Employers cannot fill the 10.6 million jobs they advertise because Friday’s jobs report showed only 199,000 jobs were created in December. Prices for almost everything are up – forecasters expect a 7.1% annual increase in next Wednesday’s inflation report.

Republican House Leader Kevin McCarthy sidestepped the clear positives in the economy and blamed the administration for any shortfall.

“President Biden has been in power for almost a year, and our economy still lacks millions of jobs before the pandemic, consumers face inflationary pressure that has not been felt for nearly 40 years and Employers continue to struggle with a persistent labor shortage, ”the California lawmaker said in a statement.

As a policy and a political challenge, White House officials say they are looking at how to increase the supply of workers and goods this year as pandemic and supply chain issues persist. They must do so while preserving consumer and business demand, two pillars of economic strength that are byproducts of last year’s $ 1.9 trillion coronavirus relief program. The administration expects inflation to slow, but it doesn’t want to sit idly by for that to happen.

The administration sees the supply factor as the only viable solution, as the alternative would be to cut government spending to reduce demand in a way that could adversely affect people’s well-being and their ability to spend and invest.

“We have a very high demand in this economy, and we have limited the supply,” said Jared Bernstein, member of the White House Council of Economic Advisers. “There are two ways to fix this imbalance. You can hit the demand and basically make people poorer, so they don’t have the resources to pursue what they want. Or, you can try to ‘expand the offer – that’s what we do. ”

Biden has announced a host of initiatives to unclog supply chains, so container ships can dock faster and large trucks can hit the road faster with full trailers. Efforts include updating ports with $ 1,000 billion infrastructure law money, as well as executive actions to increase the number of commercial truckers and plans to increase domestic production of computer chips.

The White House says it is already fixing the supply chain. It released a note that noted an increase in store inventories and a 39% drop since November in sea containers waiting at ports for nine days or more.

Biden also said his proposed investments in child care, families and health care – which is stuck in the Senate – would ease supply constraints by making it easier for more parents to work. Yet his arguments for the nearly $ 2 trillion in spending and tax increases have failed to sway West Virginia Senator Joe Manchin, the decisive Democratic vote, who fears inflation and wants to demand that families who receive the child tax credit have jobs.

At the heart of the labor shortage is also the persistent threat of the pandemic. The initial wave in 2020, followed by the delta and now omicron variants, made it more difficult to return to work or to train for new occupations. This created a shortage of workers and worsened supply chain problems and inflation.

“The virus remains the biggest problem in the economy today,” said Aaron Sojourner, economist at the University of Minnesota. “Millions of employees miss work each week because they are showing symptoms of COVID or caring for someone with symptoms, and those who are not vaccinated are 2.4 times more likely to have symptoms of COVID. ‘take time off from work. “

Sojourner estimated that only 39% of working-age Americans are fully immunized and have received a booster. That leaves 36% who need a booster and 25% who have never been fully immunized.

Heather Boushey, also a member of the White House Council of Economic Advisers, said the pandemic has caused massive unemployment and upheaval for families and businesses. But she said supply chain challenges have been more difficult due to their global nature and the fact that they involve long-standing challenges that are distinct from the coronavirus.

“It’s not just in the United States – it’s a global problem,” Boushey said.

Friday’s jobs report showed how difficult it could be to increase the number of workers looking for jobs, said Tyler Goodspeed, an economic adviser in the Trump administration and now a Hoover member. Institution of Stanford University.

The report came out ahead of the likely impact of the omicron variant of the coronavirus, which has resulted in the closure of schools and some businesses. Yet it showed that the percentage of people in the labor force has not increased substantially, a sign that the supply of available workers is tight even though the United States still lacks 3.6 million jobs per year. compared to pre-pandemic levels. There has also been a shortfall in business investment since the pandemic, making it more difficult to increase supply in the economy, Goodspeed said.

“It’s hard for me to see how supply keeps pace with demand in 2022,” he said.


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