Author: Kloepfel
HWWI commodity price index rises further in August HWWI overall index rose by 10.8 % (US dollar basis)Natural gas prices increased by 40.9Crude oil prices fell by 7 (Hamburg, September 16, 2022) The HWWI commodity price index continued to rise in August compared with the previous month. On average, commodity prices rose by 10.8%. However, the individual sub-indices (energy commodities, industrial commodities, food and beverages) developed unevenly. The index for food, beverages and tobacco fell by 0.6%, and the index for industrial raw materials rose only moderately by 1.5%. The rise in prices for energy raw materials was more pronounced.…
Procurement Consultant (f/m/d) www.kloepfel-karriere.com Junior Procurement Consultant (f/m/d) www.kloepfel-karriere.com
Best possible implementation of the principles of the circular economy The BMW Group recently announced that it had implemented various projects in packaging logistics to further save resources. The aim is to work with suppliers to reduce CO2 emissions and implement the principles of the circular economy in the best possible way. Recycled material for packaging In this context, the automotive group mentions that it is increasingly using recycled material for packaging in its European plants. As a result, he said, the recyclate ratio in new contracts for reusable packaging in logistics will almost double this year, from around 20…
Energy and material costs as biggest challenges The German plastics industry is very pessimistic about the consequences of the Ukraine war and inflation. This is evident from the results of the current business survey, which is conducted online every six months by the industry information service Kunststoff Information (KI). The 43rd business survey in the series of the so-called KI Dialog took place between June 27 and July 22. A total of 563 companies in the plastics industry took part. Crisis mood According to KI, the German plastics industry is looking into the abyss. The information service’s press release goes…
Increase of 37.2% compared to the same month of the previous year in July Producer prices of industrial products rose 37.2 percent from July 2021 to July 2022, according to the Federal Statistical Office (Destatis). This would be the highest increase compared to the previous year since the survey began in 1949, Destatis reported. Producer prices were 5.3 percent higher in July 2022 compared with June 2022, also revealing an increase record compared to the previous month since the survey began, according to the agency’s press release. Energy prices more than doubled According to Destatis, the price development for energy…
Procurement Consultant (f/m/d) www.kloepfel-karriere.com Junior Procurement Consultant (f/m/d) www.kloepfel-karriere.com
HWWI commodity price index driven by gas price HWWI overall index rose by 1.8% (US dollar basis)Natural gas prices increased by 29.8%Crude oil prices fell by 10.6%Industrial raw material prices fell by 11.6% (Hamburg, August 12, 2022) The HWWI commodity price index rose by an average of 1.8% in July compared with the previous month. While the index for energy commodities rose by 3.9% in July, the index for industrial commodities fell by 11.6% and the index for food and beverages by 9.5%. The high weighting of energy commodities in the overall index led to the further increase of the…
63% expect partial production losses Kloepfel Consulting, a management consultancy specializing in supply chains, surveyed 119 companies across all industries online from July 04, 2022 to July 12, 2022 about the looming energy crisis. 42% find energy policy of the federal government mediocre As good to very good assesses every fourth respondent the crisis management of the federal government of an energy crisis looming in the coming winter. 42% find the crisis management mediocre. Just under one in three respondents says the federal government is doing a poor job. 68% can only partially prepare for an energy crisis One in…
Utilization of research allowance for companies below expectations Research allowance of up to €1 million p.a. for the period 2020 to 2025Stifterverband estimates: only around two-thirds of R&D-active companies are aware of research grantsApplications submitted fall short of expectationsChallenging hurdles for applications Research allowance: up to €1 million p.a. On 01.01.2020, the Law on Tax Subsidies for Research and Development (FZulG; BGBl I p. 2763) came into force. This law enables every company to claim a research allowance of up to €1 million p.a. of their allowable research expenses in the period 2020 to 2025 and can be offset against…
Exports up 4.2 percent Exports from Germany to countries outside the European Union increased by 4.2 percent in June this year compared with the previous month. Based on preliminary results, the Federal Statistical Office (Destatis) further reports that, adjusted for calendar and seasonal effects, goods worth 60.8 billion euros were sold abroad in June. In June 2022, not calendar- and seasonally adjusted goods worth 60.7 billion euros were exported to non-EU countries. Compared to June 2021, there was a 12.5 percent increase in exports in June 2022. USA as most important trading partner In June 2022, the most important trading…
New location in Hungary Logistics company Fiege has built a new single-user center for zooplus SE. Near the capital Budapest, Fiege says it will provide warehousing as well as value-added services on approximately 41,000 square meters of logistics space. According to Fiege, more than 500 employees are expected to work at the logistics center by the end of 2024. Currently, 220 workers are employed there, he said. As Gergely Hepp, Managing Director of Fiege’s Central Eastern Europe business unit, indicates, the site in Hungary is the second logistics center opened for Europe’s leading online retailer of pet supplies. “The central…
Price increase of 32.7 percent In June 2022, producer prices of industrial products increased by 32.7 percent compared to the same month last year. As reported by the Federal Statistical Office (Destatis), the year-on-year price increase had again weakened. In May of this year, the price increase compared to the same month last year was still 33.6 percent. The main reason for this was rising energy prices. Prices for energy increased by about 86.1 percent compared to June 2021, with natural gas prices in particular rising by 141.1 percent and electric power by 93.3 percent. Increases in the price of…
Drivers can earn money with their e-car thanks to the GHG premiumProviders such as Klima-Quote.de or wirkaufendeinzertifikat.de pay, for example, 300 euros within 24 hours of online registrationHolistic whitelabel solution and API connection also relevant for fleets in particular The Kloepfel Group founders – Marc Kloepfel and Duran Sarikaya – participate in the national market leader in the field of GHG quota. Both product and service create enormous added value, not only for individual customers but especially for companies in the fleet sector. This can now be used by all Kloepfel Group customers. Ensuring the recurring monetization of e-vehicles and…
Finding the right supplier together with Kloepfel The pandemic presented many companies with major challenges. At the beginning, many of our customers did not know how severe the impact of the Corona pandemic would be on business activities. As 2020 progressed, many companies adapted to the framework. Issues such as security of supply, supplier and risk management, and also production capacity were high on the agenda. Some companies were even able to profit from the situation, as evidenced by considerably filled order books – among others in the wood processing industry. Consumers invested in their homes and property, resulting in…
Earning money despite moon prices? From margin killer to margin lever The wave of inflation is bringing drastic price increases and causing margins to melt like ice in the sun for many entrepreneurs. “We are happy if we get material at all and grudgingly accept the exorbitant prices now and then.”the managing director of a mechanical engineering company recently told us Unnecessarily. Because with Kloepfel Consulting you sail through the inflation wave without breaking the mast. Together we anticipate essential price trends in the procurement markets. In front of the surf, your purchasing department is the catalyst for the topic.…
Procurement Consultant (f/m/d) www.kloepfel-karriere.com Junior Procurement Consultant (f/m/d) www.kloepfel-karriere.com
Production of electrolyzers to begin in mid-2023 The gas company Air Liquide and Siemens Energy announce the creation of a joint venture that will be dedicated to the series production of electrolysers for renewable hydrogen in Europe. The aim of this joint venture is to create a sustainable hydrogen economy in Europe. The European ecosystem for electrolysis and hydrogen technology will also be promoted. This was announced by Air Liquide in a press release. Production is expected to begin in the second half of 2023 and ramp up to an annual production capacity of three gigawatts by 2025. Stacks production…
No end to supply bottlenecks in sight Companies expect the shortage of materials in German industry to continue for another ten months. This is shown by a survey conducted by the Ifo Institute. 74.1 percent of the companies surveyed complained about bottlenecks and difficulties in the procurement of intermediate products as well as raw materials. In the month before, 77.2 percent of the companies complained about this. “The hoped-for easing in supply chains is shifting further and further back,” comments Klaus Wohlrabe, head of Ifo Surveys. He adds that supply bottlenecks have become part of everyday life for many companies.…