Diversify, diversify, diversify… Intel CFO urges change as supply chains crumple
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Good morning. Happy Saturday! Did you know it’s National Catfish Day? Fancy that.
David Zinsner, executive vice president and CFO for semiconductor chip manufacturer Intel, spoke out on June 14th at a Wall Street Journal Panel. Zinsner insists that diversifying access to suppliers is the key fundamental companies should be focusing on in order to get through the current supply chain issues circumventing the industry.
Check out today’s featured article from Supply Chain Dive to read about Intel’s advice to companies dealing with supply chain challenges, such as shortages and price increases. ☕️
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Featured Article:
Intel CFO sees diversification as key to combating supply chain challenges | Supply Chain Dive
“Chipmakers are carrying more buffer stock in order to combat growing shortages of key materials, said David Zinsner.”
Water Cooler Topics
🚂 Rail operator Norfolk Southern Corporation is determined to make rail a cleaner mode of transport for goods. Plumes of smoke caused by coal-burning steam engines are in the past, and the Atlanta-based company is focusing on emissions-reduction initiatives. They have already allocated $496 million of ‘green bonds’ proceeds to various initiatives such as converting locomotives from DC to AC power, improving intermodal facilities, and protecting vital wetland ecosystems along the rail system of the country.
👖 Avery Dennison, a labeling specialist, is developing data-driven custom labels for vintage clothing on the market. Its Retail Branding and Information Solutions (RBIS) division is partnering with the vintage clothing studio Transnomadica and retailer Ron Herman for the revolutionary label project. Sustainable tags on vintage clothing will feature a QR code that buyers can scan for data on the clothing’s heritage and how it came to be. This move will support sustainability goals by supply chains and give clothing manufacturing company’s an incentive to develop products in an ethical manner.
🗼 With increasing supply chain issues, executives are turning to implementing more control towers in their companies. Control towers, in the supply chain world, are generally defined as transportation-focused data dashboards. A current and common priority among supply chain firms is cutting costs, and clarity on money allocation can be accurately defined through a control tower. However, a control tower is typically siloed from other integral aspects of the supply chain, leaving executives often without context.
Eco-friendly international shipping routes are being unveiled by melting ice in the Arctic
The Northern Sea Route, a high-traffic area in the Arctic utilized by many countries, has long been claimed to be controlled by Russia. Due to worldwide sentiment and sanctions pushes, countries have been searching for new ways to bypass the Northern Sea Route.
Researchers have claimed that within two more decades, melting ice will open up new trade routes in the Arctic circle that can be used in an eco-friendly manner instead of the traditional Northern Sea Route. These new pathways would reduce the shipping industry's carbon footprint and relinquish some of the Russian control over Arctic trade routes.
Quote of the Day:
“You can’t make anything viral, but you can make something good.”
— Peter Shankman, founder of HARO
The Workday Dash is an aggregation of articles regarding the transportation logistics, trucking, and supply chain industries for July 31, 2025, from iLevel Logistics Inc.