Category Archives: Supply Chain Management

How to use Logistics to Go Global

3d world wide cargo transport concept

Here is an excellent video from UPS called UPS Game Changers Campaign that focuses primarly on a game-changing idea for your business: Go Global. Some of the best companies have understood that there are truly no borders to do your business. Gone are the days when the most important piece of your business was the location. Right now, it does not really matter where the product is made. The world as we know today is flat with the advent of advanced and optimal logistic capabilities. Watch this video to see how you can actually do International Trade by overcoming the laguage barrier, curreny or tax liablities by using the right logistic partner for your company.

For more details about Supply Chain Course and Market Research Training, please visit http://www.iipmr.com

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Global Demand for EPDM (Ethylene Propylene Diene Monomer) is set to increase by 1.5 Million Tons by 2020

epdm1

EPDM (Ethylene Propylene Diene Monomer) is an elastomer. It denotes a terpolymer based on three monomers namely ethylene, propylene and a non-conjugated diene. EPDM finds use as elastomer in several growth oriented application sectors such as automobile, building and construction, wires and cables, etc.

Supply scenario -Period 2011

Global installed capacity:      1,266,000 metric tonnes

Capacity utilization:              90% on an average

Global production:               Around 1,394,000 metric tonnes

Future installed capacity and production estimates (In metric tonnes)

Period

**Installed capacity

*Production

2011

1,266,000

1,139,400

2015

1,401,000

1,260,900

2020

1,521,000

1,368,900

*Considering capacity utilization of 90%

**Considering all the announced projects would be commissioned by 2016

Demand drivers and growth

EPDM is the most used non-tyre synthetic rubber and is recording steady demand growth amongst the synthetic rubbers. The growth in demand for EPDM will be driven by the performance of the application sectors, of which automobile sector constitutes the largest segment. The application sectors are growth oriented.

Overall AAGR through 2020 – 4.6%

Global demand for EPDM – Period 2011

Global demand – .14 million tonnes per annum

5 Reasons why Certified Research Analysts and Certified Supply Chain Associates are in huge demand

IIPMR

Did you know that the Supply Chain Industry is expected to grow manifold and overtake the IT industry across the world? The Global Supply Chain Industry is worth close to $1 Trillion as of 2011 and is estimated to grow at a rate of 4-7% per year according to Industry Analysts.

 

1.   Dependability

Be it Chemicals, Pharmaceuticals, Manufacturing, FMCG, Advertising, Media, IT, Services and any other industry, one cannot run their operations without the effective use of Supply Chain.

2.  Criticality

The Supply Chain department in any company plays a significant role in not only procuring the products and services required by the company but also optimizing all the other functions in the company such as HR, Finance, Operations, Logistics, Warehousing and Distribution. Gone are the days when Procurement used to be a blue collar job. Today, Procurement is not only a highly strategic work profile but also one of the most coveted jobs in the market. This is attributed to the significant cost savings that the Procurement department achieves not only in the buying of raw materials, products and services for the company but also in other departments by integrating the best practices through means of Research and creating appropriate strategies. This segment is called Strategic Sourcing.