CAPS News - 26 July 2023
Carbon Offset Options to Achieve Net Zero
This first article in a four-part series provides an overview of carbon offsets, carbon sequestration, and renewable energy credits. These options are available for companies aiming to achieve net-zero emissions and need alternatives for those emissions that can't be eliminated.
[Download the report in the CAPS Library]
Primary Activity of Supply Management Center of Excellence (SM COE)
Technology, systems, and tools was reported as the top activity for the majority (73%) of SM COE, followed closely by supply risk management at 66%.
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Companies Should Prepare Now for a Shipping Market Rebound
The current abundance of carrier options and competitive pricing isn’t expected to last long. Start preparing now for the rebalancing of capacity and demand.
[Read more with Transport Dive]
Shifting from Risk Mitigation to Competitive Advantage
The supply chain function is the key for organizations to gain a competitive advantage when trying to balance business growth, supply chain resiliency, evolving customer needs, and ESG risks and performance.
[Read more with SCMR]
Toyota Announces Solid State Battery Advancements
A significant advancement in electric vehicle battery manufacturing by Toyota will help to shorten charging periods to 10-minutes and extend driving ranges to over 900 miles by 2027.
[Read more with PCMAG]
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