OEM Insights ~ November 21

Supply Dynamics’ OEM Insights

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Take a look at this week's roundup of the most current and compelling industry news, updates, and trends related to OEMs and anything that impacts them. Read on to discover the latest in:

1. Industry News: Supply Dynamics Takes Home National Award
2. Trade War & Global Relations: Dow Drops More Than 100 Points On Trade War Fears 
3. Metal Trends & Market Analysis: Copper Touches One-Week High As China Cuts Rates

Industry News

• Supply Dynamics Takes Home National Award: Supply Dynamics, along with its U.K. partner Brunel University London, was recently named a national champion in a U.S. Air Force sponsored Microelectronics Supply Chain Provenance Challenge. The Challenge was also co-sponsored by CISCO and NVIDIA—both recognizable titans in the microelectronics industry. Supply Dynamics and Brunel were one of three teams invited to advance to the demonstration event held last week in Washington, D.C. (Featured in over 100 media outlets, including Markets Insider, Spend Matters, and more)

• Gartner Says Organizations Must Review Outsourcing Arrangements to Mitigate Risk: With recent events like the Sri Lankan terrorist attacks, the U.S.-China trade dispute, and political tensions in Hong Kong raising fears of delivery disruptions, Gartner Inc. recommends proactive measures organizations can take to mitigate geopolitical risk. (Gartner) 

Trade War & Global Relations 

• Dow Drops More Than 100 Points On Trade War Fears: Stocks fell on Wednesday (11/20), pulling back from record highs after Reuters reported that a so-called phase one trade deal between China and the U.S. may not be completed by the end of 2019. (CNBC) 
• India Plans Incentives to Bring In Foreign Manufacturers From Tesla to Glaxo: India is planning to offer 324 companies including Tesla Inc. and GlaxoSmithKline Plc incentives to set up factories in the South Asian nation in a bid to capitalize on the trade war between China and the U.S., according to a document seen by Bloomberg. (Bloomberg) 

Metal Trends & Market Analysis

• Copper Touches One-Week High As China Cuts Rates: Copper prices touched one-week highs on Wednesday (11/20) after top consumer China cut interest rates to shore up an economy hurt by slowing demand and U.S. trade tariffs. (Reuters) 

• Selling Pressure Pushes LME Nickel Price Down: The three-month nickel price on the London Metal Exchange continued to fall at the close of trading on Wednesday (11/20), with continued selling pressure and supportive forward spreads prompting the metal’s lowest close since July. (Metal Bulletin) 

About Supply Dynamics

Supply Dynamics provides leading Fortune 500 manufacturers with real-time visibility and control over the “material-input” requirements (metals, plastics, electronics, etc.) of their extended supply chain. Our innovative solutions allow our customers to reduce the cost of raw materials and component parts that go into their products, enhance collaboration with supply chain stakeholders, and ensure that the timely purchase and supply of material-inputs is never the reason a part is late. To learn more, visit www.supplydynamics.com.