From condoms to container ships and tequila to Target, here is our number crunching round up of the week in procurement and supply chains.
The number of condoms being distributed by the International Olympic Committee to the 10,500 athletes competing at the 2016 Rio Olympics. Only 150,000 were given out at London 2012. This will be the first Olympics at which female condoms will be given away. The Zika virus has not been mentioned as a reason for the increase although the Australian team will arrive armed with their own anti-viral condoms.
The number of container vessels expected to be scrapped this year, according to industry consultants Drewry. The record level of demolitions is a response to overcapacity, poor demand and falling shipping rates.
The sum Unilever is said to have agreed to pay for the startup Dollar Shave Club, which ships out disposable razors and other grooming products for a flat monthly fee to 3.2m members. Founded four years ago by Michael Dubin, the company isn’t profitable but is expected to record revenues of $200m this year. Unilever’s acquisition is a direct challenge to Procter & Gamble, which owns the market-leading razor, Gillette, and has launched its own version of the club.
24 July 2016
The date Benjamin Cook, former Americas head of supply chain and logistics for Apple, will start his new job as head of global logistics, inventory allocation and replenishment at Target. The US retailer is adjusting its operations to serve growing online sales and Cook, who previously worked for Kimberly Clark and Home Depot, will report directly to Arthur Valdez, who joined Target from Amazon.
The IMF’s new forecast for global economic growth in 2016, 01.% lower than it previously estimated, reflecting the uncertainty created by Brexit. The Fund is more optimistic about 2017, predicting global growth of 3.4%.
The amount of agave plant fibres produced daily by Mexican tequila distributor Jose Cuervo. The company has just announced a partnership with Ford Motors to explore whether these fibres could be used to produce more sustainable bioplastic parts for the automaker’s vehicles. Pilot tests show that agave is very durable and suggest it could help Ford reduce the weight of its vehicles and reduce their energy consumption.
The number of Chinese who read a novel online in 2015 – which amounts to 43% of those with internet access. The bad news for publishers is that only a fraction of them pay for what they’re reading. China Reading, the country’s biggest online reading business, says it has filed 110,000 complaints over violations of its copyright in the first half of this year.