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Supply
Chain by the Numbers |
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- Jan. 6 , 2011 -
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Fewer Hours of Service Coming; Logistics Grads in Good Shape; E-Commerce Continues to Soar; China Still Hoarding Rare Earth Metals |
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15.4%
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Growth in on-line retail sales in the 2010 Christmas season, according to analysis by the MasterCard Spending Pulse report, substantially above the solid growth in overall sales of some 5.5%, as consumers continue to migrate on-line. Though bad weather in many parts of the country may have played a bit of a factor this year, on-line sales continue to climb - with many impacts on the supply chain.
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35%
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The cut in China's export quota in so-called rare earth metals for the first half of 2011. These metals, for which China currently holds a near monopoly, are critical for many high tech (e.g., cell phones) and clean energy products, among others, and were a subject of global concern about China supply throughout all of 2010. One US based producer, Molycorp, is restarting a US mine closed 10 years ago.
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