Foresight is 20/22 As we look ahead to a new year, we see a lot on the horizon that is bright and charming. From food and travel to home decorating and entertainment, there is much that we can anticipate with a renewed sense of hope and optimism! On The Home Front Along with the return […]

The post Talk of The Town: January 2022 appeared first on Real Estate News & Insights.

Here’s wishing all our readers a very happy, safe, and healthy new year! Continuing our annual tradition of recounting the significant developments that impacted the Indian IP landscape in the year that has been, we bring you a round-up of 2021’s developments. This year, we have divided these developments into three categories: a) Top 10 IP Judgments/Orders (Topicality/Impact) b) Top 10 IP Judgments/Orders (Jurisprudence/Legal Lucidity) and c) Top 10 Other IP Developments The decisions in the first category, i.e., Top 10...

Globally this past year, supply chains and shipments slowed down which subsequently caused material shortages and impacted our growing consumer consumption of literally everything. These disruptions emphasized just how interconnected we are worldwide.

---

Manufacturers and distributors who cannot produce or supply as much as they did prior to the pandemic are in disarray for a variety of reasons, including labor shortages and a need for more key components and raw materials.

As we move into 2022, supply chains are still facing challenges and are struggling to rebound from subpar.

We sat down with our resident supply chain guru, LeAnne Coulter, vice president of Freight Management for Penske Logistics to discuss just when she predicts the disruption will alleviate and what businesses need to do to contribute to the progressiveness of the industry.

Q: When do you believe the supply chain will be able to catch a breath from all of this?

A: The national supply chain doesn’t work as one connected organic system; it is made up of many intricate puzzle pieces. When visualizing the different connection points in supply chains, there are practically bottle necks at every tributary. From material shortages to parts shortages and the labor force constraints across the entire supply chain – manufacturing, warehousing and transportation are all impacted. Inventories have been depleted for months and are still below where they need to be for supply chains to function effectively and smoothly. For resolution to happen there needs to be a concerted effort between data, technology, and logistics – across the industry. In this current climate, I feel, we are looking at supply chain congestion and disruption [due to supply and demand constraints] through Q2, 2022.

Q: What are some supply chain “best” practices to help get suppliers through these times?

A: To get through this every organization should evaluate its current state and ask, “are we creating a backlog?” Equipment and driver shortages are severe and are contributing to greater strain on the national network. For fast action, Companies need to look inwardly and determine if their scope of business has changed and adjust accordingly. In terms of the supply chain, carriers need to be turned as quickly as possible, equipment needs to be unloaded quickly and available for the next shipment, organizations need to understand where its supply chain gaps are and efficiently address carrier concerns as they arise. By focusing on near-term through put, shippers can help themselves gain access to capacity, even while supply chains are choppy. Additionally, what we see today is that organizations have their data and processes in many different silos, which creates supply chain inefficiencies and, in turn, a lack of organizational understanding. Bringing data together and managing transportation is a critical component at both organization and industry levels.

Q: How can Penske Logistics help resolve these issues?

A: Penske’s technology base and supply chain professionals help organizations with these types of problems; bringing solutions to them so they can start to get ahead of their crisis areas, and dissolve backlogging. Penske Logistics does this with its ClearChain® Technology Suite, including ClearChain® Control Technology which drives end to end visibility and collaboration. By focusing on synchronization of data and technology, and employing supply chain expertise, shippers can begin to move their critical human resources to truly shift their focus to hitting business objectives and strategies, and out of daily crisis management. Decision-makers need to simply not be afraid to seek help where they find inefficiencies. Penske offers sophisticated technology systems and platforms and processes and expertise to drive supply chain performance.

As we officially move into the new year, we wish everyone the best in health and safety – and hope to see the supply chain diffuse back into balance and come out even better than it was before.

By "Move Ahead" Staff

Paint, it's by far the most inexpensive way to transform a home, both inside and out. However, not just any paint color will do, here are the top 9 to consider.

U.S. Patent No. 11,065,542: Method and apparatus for determining user engagement in a videogame Issued July 20, 2021, to Sony Interactive Entertainment Inc. Filed: December 3, 2019 (claiming priority to […]

Benoît Cœuré, chief of the Bank for International Settlements’ (BIS) innovation hub, told the Financial Times that conversations about global crypto and decentralized finance (DeFi) have “intensified.” Cœuré, who has served on the board of the European Central Bank (ECB), said that regulators should agree on a global framework for the digital asset space now […]

The post BIS Chief Hints At World Wide Crypto Regulations in 2022: Report appeared first on Coin Bureau.

Crypto exchange regulation has been frustratingly complex for crypto traders in recent years, being about as difficult to understand and navigate through as trying to play pin the tail on donkey while blindfolded and submerged in chocolate pudding. FTX have finally overcome what has felt like a bad dating show about who is dating who, […]

The post FTX US Review: Crypto Trading for US Investors appeared first on Coin Bureau.

Online poker tournaments have become popular worldwide over the last two decades because gamblers can win huge sums of money by making little investments. Besides, the fame attached to winning a tournament is addictive. However, players have to master the art of the game to carry the day. You can read detailed poker guides on […]

The post Are You Ready to Play in an Online Poker Tournament? appeared first on 1redDrop.

Automotive Monthly Newsletter and Podcast
Auto demand levels remain depressed on chip famine alongside race between vaccine & variants; 2022 Light Vehicle demand set to post 82.4 million (+3.7%)

LISTEN TO THIS PODCAST

Semiconductor shortages and wider supply chain disruptions expected to linger until 2023

IHS Markit forecasts new light vehicle sales of nearly 82.4 million globally in 2022, up 3.7%. IHS Markit projects the industry will finish out 2021 with nearly 79.4 million light vehicles sold, and industry demand levels will continue to be restrained next year as the semiconductor supply chain remains challenged. Tentative demand recovery will continue across most regions, assuming the ongoing availability of effective vaccines and apart from any major impacts from the Omicron variant.

Full year 2021 sales are expected to be up just 2.9% from the levels achieved in 2020. IHS Markit remains cautious on recovery prospects, as the global auto industry grapples with this "perfect storm" of unprecedented circumstances. Depressed vehicle output levels are expected to impact vehicle lead times for some time, pressuring depleted inventories and delaying fulfillment of prevailing order levels.

"The path of the pandemic remains an important driver of the 2022 auto demand cycle, especially the "race" between vaccine and variants. Concerns remain as winter arrives for Northern Hemisphere nations, and the emergence of the Omicron variant represents a worrying development," said Colin Couchman, executive director, global light vehicle forecasting, IHS Markit.

Most regions face limited recovery prospects on supply chain challenges and potential further COVID-19 flare-ups

The European auto industry looks set for a bleak mid-winter as widening virus concerns combine with ongoing supply chain woes, with concerns for German-based production. The 2021 Western and Central European demand forecast foresees 13.9 million units, just scraping into growth territory, up 0.2% y/y. 2022 demand is set at 15.0m units (+7.8%), according to IHS Markit.

"European car consumers are expected to hunker down for a second winter of COVID-19, but the new year might struggle to deliver meaningful improvement to new car sales levels," said Couchman.

Looking at 2022, US sales volumes are expected to reach nearly 15.5 million units, up an estimated 2.6% from the projected 2021 level of approximately 15.1 million units. "For 2022, the pace of sales is expected to quicken in the second half of the year. Given current inventory conditions, it's difficult to project significant demand recovery in the first half of 2022. But we expect to exit 2022 with a pace of sales more recognizable to pre-COVID levels, setting the stage for better volume outlooks into 2023 and 2024," according to Chris Hopson, manager, North American light vehicle sales forecast, IHS Markit.

In Mainland China—for 2021, IHS Markit analysts foresee the market down by 1% y/y, to 23.4 million units, as supply chain shortages choke off market growth. Near-term risks are balanced, and 2022 is currently set at 24.2 million (+3.3% y/y), with more meaningful recovery expected for 2023—back above pre-crisis levels to 26.9 million, up by 11.3% y/y.

Production expected to recover slowly through 2022

Global light vehicle production in 2021 is expected to finish at 75.5 million units, a paltry 1.2% improvement over 2020 levels.

For 2022, IHS Markit forecasts a rebound in light vehicle production of 9.0 percent, to 82.3 million units. The outlook will continue to be characterized by the availability of automotive-grade chips, at least until 2023. The balance of incremental capacity gains within the semiconductor sector, heightened 'chips-per-vehicle' requirements and robust non-automotive chip demand all feature in this assessment.

"Overall, while manufacturing operations in most regions are expected to improve, capacity constraints within the semiconductor supply chain remain the single most influential feature of the forecast. As the semiconductor tide recedes, will this expose further risks to the auto recovery? Threats elsewhere within the supply chain could become more apparent as chip supplies improve, notably, logistics, worker related issues, and key raw materials shortages," said Mark Fulthorpe, executive director of light vehicle production forecasts at IHS Markit.

In Greater China, IHS Markit forecasts modest growth for 2022 of 1.6 percent, to 24.3 million units. Europe is expected to produce 18.5 million units in 2022, up from an estimated 15.7 million this year. For the North American region, momentum is improving heading into 2022, though our outlook based on current forecasts remains at nearly 15.2 million units; this reflects growth of just over 2.2 million units year over year. A more normalized supply chain is forecast to support vehicle output levels of 90.6 million units for 2023, a further 10% y/y increase, and comfortably above pre-pandemic output levels of 2019.

Electrification remains a growing dynamic—2021 has seen an "arms race" of ambition as OEMs declare electrification targets for coming 5-15 years

Recent months have witnessed an unprecedented flurry of OEM announcements on electrification ambitions for the coming 5-15 years. Electric vehicles are fast evolving from a compliance side hustle into fully fledged core offerings for many OEMs. At COP26 earlier this year, policymakers and regulators also shared their visions for a greener future, including the US, the EU and the UK. Transformational change is firmly on the agenda and making sense of this arms race of ambition represents an ongoing challenge.

Dive Deeper:

Webinar | Supply Chain Crisis - What's Ahead for 2022. Watch Now

Electrical Steel - Temporary supply chain shortage or a threat to OEMs' electrification plans? Read the article

Accelerate your data innovation with IHS Markit's Data Lake. Learn more

Ask the Expert a Question - Mike Wall

This blog is inspired by a LinkedIn post from Arash Samimi and the upcoming holiday break. “I often think of reading books as a means to create a worldview. I want to know what the world looks like today, how we got here and how we can do better tomorrow. The world opportunities and challenges […]

The post 15 Favorite Reads from 2021 appeared first on StarFish Medical.

Mainstream news reports are full of claims that supply chains are broken, citing widespread product shortages, overflowing ports and spiking...

The post Supply chains aren’t broken, it’s more a question of demand appeared first on Supply Chain Movement.

Boost your sports betting balance with up to a €100 bonus, every Friday! Make a deposit of at least €1 on Friday and get 100% extra in your player account, up to €100. 22Bet not only offers new players 100% up to €122, but you can also claim a second bonus any Friday, the so-called […]

The post €100 Reload bonus every Friday at 22Bet appeared first on Esportsbetting.gg.