Accelerate and start! Hit the trail! The golden booths of the 2025 Shenzhen Gifts and Furnishings Fair are in high demand!
The 2024 Shenzhen Gifts & Furnishings Fair ended successfully, and major source factories and brand exhibitors gained a lot. In addition to meeting old friends in the industry, observing peer trends and new product trends, and more importantly, receiving preferred orders and creating new business opportunities.Coming home with a full charge is bound to be sunny.Looking ahead to the gift market in 2025, growth in demand for personalization, changes in service models, changes in competitive landscape, etc. will bring unlimited opportunities and challenges to the industry, and being the first to “show” is the priority. best way to win at starting point.According to iiMedia Consulting and industry data review, the market size of the industry this year may be the same as expected or grow slightly, and it is estimated that the future compound growth rate of the industry will reach 7%.*Photo source “White Paper on the Prospects of the Chinese Gift Industry in 2025”highly anticipatedApril 25-28, 2025The 33rd Shenzhen…
Ford cuts 14% of European workforce as demand for electric vehicles drops
Ford will reduce workload at Cologne, Germany, production of Explorer and Capri EVs in early 2025 Ford plans to cut 4,000 jobs by 2027, focusing on Germany and the United Kingdom. Its European passenger car unit has faced huge financial losses in recent years. Lower-than-expected demand for electric vehicles and increased competition are cited as key factors. The auto industry's transition to electric vehicles continues to expose the growing pains facing even the largest players. On Wednesday, Ford announced plans to cut 4,000 jobs in Europe by the end of 2027, citing financial challenges from the transition to electric vehicles and increased competition. The automaker has also scaled back operations at its Cologne, Germany, plant due to weak demand for electric vehicles. Ford cited "unprecedented competitive, regulatory and economic headwinds" as the driving force behind the layoffs, stressing that its European passenger car business had suffered "significant losses" in recent years. Ford cuts global workforce by 2.3% The planned layoffs…
Forecasting demand in supply chains: why it’s so important
Demand forecasting has become an important tool for supply chain and logistics professionals. In industries where unexpected delays, sudden market changes and fluctuations in demand are common, accurate forecasts enable companies to predict demand, optimize resources and minimize disruptions. Let’s explore why demand forecasting is so important, how it impacts every aspect of logistics, and the strategies companies can use to improve their forecasting capabilities. Why demand forecasting is important in supply chains The core of demand forecasting is to predict customer demand for a specific product or service within a specific period. By leveraging historical data, analytics, and sometimes artificial intelligence, businesses can accurately estimate the number of items needed to meet customer demand without over- or under-stocking. This insight is crucial for the following reasons: 1. Minimize stock-outs and excess inventoryOut-of-stock items can lead to dissatisfied customers, lost sales, and potential damage to brand reputation. On the other hand, excess inventory can lead to wasted resources, storage issues…
Demand for MG Windsor CUV is strong, with 101 units delivered in 2019
In an event reflecting the surge in demand for electric vehicles, JSW MG Motor India announced the delivery of 101 units of the newly launched MG Windsor CUV in Bengaluru. The Windsor hotel has received national attention, particularly with 15,176 bookings made in the first 24 hours after bookings opened. The launch of the Windsor unit is indicative of the growing interest among Indian buyers in premium smart CUVs. Touted as India's first smart CUV, MG Windsor combines the space of an SUV with the streamlined comfort of a sedan. Windsor is designed on a purpose-built "pure electric platform" to deliver an eco-friendly luxury experience for urban professionals and families. The car has a certified driving range of 332 kilometers per charge, making it suitable for short-distance urban and inter-city commuting. Priced at a starting price of INR 13,49,800 (ex-showroom), the Windsor also offers a unique Battery as a Service (BaaS) option priced at INR 9.99,000 and battery leasing at…
Why is the demand for pharmaceutical cold chain logistics strong?
With more and more attention Temperature-sensitive drugs and vaccinesPharmaceutical companies, medical institutions and logistics providers are prioritizing packaging for cold chain logistics. The sensitivities of biologics and some vaccines require that they be stored and transported at specific temperatures to maintain their efficacy. This shift to controlled logistics packaging is critical to preventing product degradation, making Cold chain packaging is a necessity for the pharmaceutical industry. Also read: Why sustainable cold chains are the future of global food transportation this Pharmaceutical cold chain logistics packaging market is experiencing impressive expansion, driven primarily by growing demand for temperature-sensitive pharmaceuticals, vaccines, and biologics. As companies prioritize the safe storage and transportation of these delicate products, there is a strong shift towards innovative cold chain solutions that ensure quality and efficacy. This article explores the factors driving market growth, importance of government investment, role of technological advancement, and regional market dynamics. The impact of online ordering systems on cold chain logistics this The…
Toyota delays North American EV plans due to weak demand
The company has also reportedly scrapped plans to produce an electric Lexus SUV in North America in 2030 go through Brad Anderson October 3, 2024 07:50 The first electric vehicle Toyota will build at its Kentucky plant will be a three-row SUV. Toyota has told suppliers it is tweaking the design of the new model, now called the bZ5x. New electric vehicles from the Subaru and Lexus brands are believed to be in development. Toyota's North American electric vehicle production plans have reportedly been delayed, with the automaker now targeting mid-2026 instead of 2025. What's the reason? Slowing growth in electric vehicle sales in the region has prompted the Japanese automaker to take a more cautious approach. Initially, the company planned to launch a three-row electric SUV at its Kentucky plant, but the timeline has been pushed back by several months. Toyota has invested $1.3 billion in its Kentucky plant for electric vehicle production. However, it's not just SUVs that…
3 key trends in fastener demand in the renewable energy sector
The renewable energy industry is growing rapidly, driving innovation and new standards in every component, including fasteners. These often overlooked elements are critical to the stability, durability and efficiency of renewable energy installations. Here are three major trends shaping fastener demand for a renewable energy future. Increased demand for corrosion-resistant fasteners Renewable energy installations, such as wind turbines and solar panels, are often exposed to harsh environmental conditions, including salt water, extreme temperatures, and high humidity. This exposure can lead to corrosion that compromises the structural integrity and service life of these systems. Therefore, the demand for corrosion-resistant fasteners continues to grow. Stainless steel, titanium and other advanced alloys are increasingly used due to their excellent corrosion resistance. In addition, protective coatings such as galvanized, galvanized and specialized polymer coatings are being developed to improve the durability of fasteners in corrosive environments. Offshore wind farms are a prime example of where the use of high-quality, corrosion-resistant fasteners is critical. These…
Tesla Model 2: Can a $25,000 small crossover meet demand?
More affordable crossovers will certainly help boost sales, but are they really the only answer? Tesla says its much-anticipated entry-level electric car is still in development and evolving. Despite this promise, there's still no firm release date, and it's probably still a few years away. A small $25,000 crossover hatchback could boost sales, but success depends on market conditions. The prospect of more affordable Tesla electric cars has been around for longer than many would like to admit, with reports on its development wavering between hopeful and contradictory. The idea of a smaller, mass-produced Tesla is certainly attractive to investors, but is it really the solution the brand needs in today's unpredictable market? Is the Tesla Model 2 still in production? In April, Tesla refuted viral reports that it was canceling its entry-level electric car program, with Elon Musk saying the reports were completely fabricated. Shortly after, design director Franz von Holzhausen teased fans to "stay tuned," leaving everyone speculating…
BYD India targets plug-in hybrid vehicle market to meet growing demand
BYD India considering launching new range of cars in India, including plug-in hybrids BYD India is considering launching plug-in hybrid electric vehicles to cater to the growing demand in the Indian market. BYD India's electric passenger vehicle (EPV) business head Rajeev Chauhan hinted that the company is evaluating the possibility of launching plug-in hybrid electric vehicles in India in the next two years. The move is part of BYD's broader strategy to tap into the growing interest in hybrid vehicles. Chauhan revealed that BYD India is currently conducting a feasibility study to bring plug-in hybrid vehicles to the market. He explained that the company has been closely monitoring consumer interest in hybrid vehicles over the past 18 months. If the momentum continues, BYD may launch affordable plug-in hybrid models from its global portfolio to Indian consumers. He stressed that plug-in hybrids are their strength and they have been evaluating this option. The company wants to study it for another 6-8…
How to meet the demand for electric vehicle charging after Tesla Supercharger
Federal funding aims to develop electric vehicle infrastructure The Inflation Reduction Act, the National Electric Vehicle Infrastructure (NEVI) program, and the bipartisan infrastructure law are designed to close loopholes that have prevented the normalization of electric vehicles (EVs) in the United States. The United States and the rest of the world must make progress on charger installation. If they don’t, carbon emissions from internal combustion engines will continue to plague the transportation sector’s carbon footprint. Tesla has tried to boost its brand and help solve the problem by opening its network to all brands, but recent stagnation in growth has raised concerns among the company and consumers. Why is there an economic slowdown? Tesla's charging network is the benchmark Tesla is the biggest name in electric vehicles and is ready to shoulder the same charger burden. Fired most of the Supercharger team members After a lackluster quarter, the company is set to go public in April 2024. The layoffs are…
US freight demand remains stable, container prices remain stable
The global container shipping industry continues to witness an increase in demand for US freight, with 59% of supply chain professionals surveyed in August 2024 affirming this, while 30% of respondents said they did not observe a sustained increase in demand and 11% remained unsure about the trend. This also explains the continued upward pressure on US container prices and the above-average container leasing rates from China to the US. Figure 1 US freight demand survey conducted by Container xChange in August 2024 "Looking ahead, the key question remains: how will freight and container prices evolve over the next 3 to 6 months? On the one hand, several factors are likely to keep freight rates high or at least stable. For example, ongoing disruptions on the Red Sea continue to absorb capacity, with no clear resolution in sight. In addition, labor disputes on Canadian railroads and at U.S. East Coast terminals have led to delayed container turn times. This means…
Labor Day Focus: Growing Demand for Specialization
Listen to Audio How the gig economy is impacting the events industry In celebration of Labor Day, Smart Meetings caught up with Tracy Judge, founder and CEO of Soundings, to get the latest on current trends emerging in the gig economy for freelance meeting planners. Tracy Judge, CEO and Founder, Soundings Smart Meeting What is the gig trend like for freelance meeting planners? Tracy Judge There is an increasing demand for freelance meeting planners, especially those with specialized skills. There has been a clear shift in the market towards hiring for senior-level positions that require specific vertical experience and technical expertise. This includes positions such as event technology specialists, event registration specialists, meeting and event planners, event marketers, and marketing specialists. There is a clear trend towards hiring local staff for both international and destination country events, driven by concerns for sustainability, cost-effectiveness and a focus on supporting local communities and preserving culture. Additionally, the freelance market is evolving in…
Toyota bets on hybrids as electric car demand slows
Toyota is keen on hybrids, but has not committed to full electrificationToyota is doubling down on hybrid technology as the electric vehicle market shows signs of slowing. The company is shifting its focus to hybrid models across its Toyota and Lexus ranges, challenging the industry's assumptions about a fully electric future.Here are the key points of Toyota's strategy:Hybrid vehicles are more popular than pure electric vehiclesToyota Motor Corp. is planning to convert most of its product line to hybrid models, a major shift nearly 30 years after the launch of the Prius, the world's first mass-market hybrid car.The strategy contrasts with the push by many automakers to an all-electric future, with Toyota executives seeing hybrids as offering a viable solution amid slowing demand for electric vehicles and ongoing technological challenges.Multi-channel approachToyota's "multi-path" strategy includes hybrid vehicles, electric vehicles, hydrogen fuel cell vehicles and potential future technologies. This diversified approach allows the automaker to adapt to different market demands and regulatory…
Strong market demand, Maersk’s second quarter 2024 results strong growth
Maersk maintained its positive momentum in the second quarter of 2024, achieving significant growth in all divisions and significantly improving its financial performance. Also read: Maersk predicts Red Sea conflict will continue until 2024 The company reported an EBIT margin of 7.5%, a significant improvement from 1.4% in the first quarter. Ocean Freight profitability improved significantly, while Logistics and Services continued to expand steadily. The Terminals division also performed strongly. On August 1, Maersk revised its 2024 forecast, citing the expansion of the Red Sea crisis and continued strong market demand as key factors. As supply chain pressures intensified, freight volumes in the ocean freight sector grew significantly and freight rates rose, especially for goods from Asia. However, the Red Sea crisis and the need to reroute vessels south of the Cape of Good Hope led to increased operating costs. Despite these challenges, profitability returned to positive territory. While earnings were lower than in the same period last year, performance…
HKTDC Wine Show: Demand for wine in Asia remains strong
HKTDC Wine Show: Demand for wine in Asia remains strong The Hong Kong Trade Development Council's annual wine exhibition will be held from November 10 to 12. The exhibition organizer isHong Kong Trade Development Council, China, HKTDC, the exhibition hall is located atHong Kong Convention and Exhibition CentreThe three-day exhibition is expected to attract 20,000 professional traders and nearly 1,000 exhibitors. In 2012, wine sales in mainland China reached $40.5 billion, with sales volume reaching 4.3 billion liters, up 125% and 55% respectively compared with five years ago. Therefore, fine wine manufacturers and suppliers are determined to enter the mainland China market. Hong Kong is the only place in the world that has reached a cooperation agreement with the mainland Chinese government. Under the Closer Economic Partnership Agreement, Hong Kong is allowed to export imported wine to mainland China and speeds up customs clearance procedures. mainland ports, making Hong Kong an important gateway to the mainland China alcoholic beverage market.…
Russian Home Appliances Exhibition: Russian demand for household appliances increases year by year
Russian Home Appliances Exhibition: Russian demand for household appliances increases year by year The biannual Russian Home Appliances Exhibition will be held for five days from late August to early September. This international exhibition is organized by.Sponsored by the Russian Association of Manufacturers of Household Goods and Appliances, the exhibition venue is located inKrokus International Exhibition Center in Moscowwhich will attract more than 130,000 professional visitors. Russia is a country with a prosperous heavy industry, but its light industry is weak. There is a huge demand for daily consumer goods, household products, electronic products, etc. As Russia's second largest trading partner, China and Russia have complementary advantages in terms of industrial structure. Light industry products, household appliances, automobiles, metal products, etc., form the basis of Russian imports. After Russia joined the World Trade Organization (WTO), it has gradually opened up its trade, import and export, which is a favorable condition for Chinese manufacturers to take the lead in the Russian…
194 – Demand Generation vs. Lead Generation – Vanessa Zangardi
What is the difference between demand generation (which is about generating leads through marketing) and lead generation? Why is it important? What should you focus on? Helping us answer these questions is Vanessa Zangardi of Zangardi Studio! Vanessa is a business owner, a mom, a wife, and she's relentlessly dedicated to teaching people how marketing doesn't have to be scary — and that you can do it, no matter the size of your business. We discuss: What is Demand Gen? What is Lead Gen? How Demand Generation Relates to Current Marketing Trends Why is everyone talking about content? What content should people pay attention to? How can we make content creation easier? Content related to demand generation and current marketing topics You can follow simple steps to meet demand generation while creating impactful content Vanessa’s top tips: You need to focus on creating valuable content. You can do this in several ways - videos, blogs, social media, live trade shows,…
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