Guest: Andrew Billings of North Highland on the upcoming peak retail season; Raymond establishes a battery manufacturing plant; Sales of EVs slump

Our guest on this week's episode is Andrew Billings, vice president and supply chain capability lead at North Highland. The retail world has already survived this year’s Prime Day and now we are heading into the peak holiday shopping season. Are retailers prepared and are there any clues as to what consumers will be snapping up this year? Our guest has some insights. With an eye on assuring it has the raw materials it needs, lift truck manufacturing company Raymond Corp. has opened a new production plant in Binghamton, New York to manufacture batteries to power its line of electric forklifts. The new facility expands on and replaces a former operation by its assembly plant. While electric vehicles are gaining popularity, the transition to EVs is not happening as fast as earlier market predictions. J.D. Power, the automotive industry analyst firm, says it is cutting back on earlier forecasts for EV market share as sales of battery-powered cars cool off. They cited drivers’ concerns about finding enough public charging ports and also the rising popularity of hybrid cars such as plug-in hybrids (PHEVs)—which combine battery power with gasoline engines. Supply Chain Xchange also offers a podcast series called Supply Chain in the Fast Lane. It is co-produced with the Council of Supply Chain Management Professionals. A brand new series of ten episodes has dropped on the "State of Logistics." The episodes provide in-depth looks into the current states of key transportation modes, such as trucking, rail, air, and ocean. It also looks at inventory management, 3PLs and more. All ten episodes are available to stream now. Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com. Articles and resources mentioned in this episode: North Highland Raymond Corp. boosts energy solutions with new battery plant Sales of battery-powered EVs sputtered in first half of 2024 Get episode transcripts Visit Supply Chain Xchange Listen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcast Send feedback about this podcast to [email protected] Podcast is sponsored by: CSCMP EDGE 2024 Other links About DC VELOCITY Subscribe to DC VELOCITY Sign up for our FREE newsletters Advertise with DC VELOCITY