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Continuing the Integrated Supply Chain Management Concept

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Core Principles of Integrated Supply Chain Management Integrated Supply Chain Management (ISCM) is built on a foundation of core principles that guide its implementation and ensure the attainment of sustainable value. One of these principles is the concept of the remote cause, which emphasizes the importance of conducting a thorough review of all established norms, processes, and procedures before initiating any activity. This ensures a comprehensive understanding of the environment in which decisions and actions are made. The ultimate goal is to achieve efficiency and optimization, resulting in what is known as Absolute Value. Understanding Absolute Value Absolute Value refers to the actual gain derived from an activity, decision, or action. It represents the life-cycle composite gain, which is directly correlated with three key aspects: Predictive Results : The maximum returns achievable through strategic planning and execution. Progressive Results : The accelerated rate of ret...
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Unlock the Exclusive: Revealed - Genesis’ First Hybrid Launch Timing

The high-end division of Hyundai Group, Genesis, is expected to introduce its inaugural range-extended electric car (REEV) in December 2026.

As reported by Korean Car Blog , the brand’s initial REEV will be a variant of the GV70 developed using an adapted version of the E-GMP platform.

So far, only limited details have been revealed regarding this vehicle, with one of them being its purported all-electric nature. electric range with an overall distance of 200km and a declared range totaling 900km.

・ Hyundai working on a petrol-powered range extender for up to 900km of driving—aiming to outdo plug-in hybrid vehicles, says report.

・ Luxury vehicle manufacturer executives stated that gasoline-powered vehicles might persist until 2050 should consumers continue demanding them. This comes as Genesis gears up for launching an array of hybrid models along with their lineup of gas-only and electric automobiles.

・ Genesis GV70 2025 review – First Australian test-drive

The GV70 EREV is expected to debut in North America, South Korea, and certain regions of Europe. However, it remains uncertain whether it will be available in Australia.

The REEV technology reportedly fills the gap between systems. electric vehicle (EV) and a series-parallel hybrid .

It’s very similar to plug-in hybrid (PHEV) technology As it gives priority to electric power when there is a charge available in the battery. high-voltage battery pack .

It includes an internal combustion engine similar to a PHEV, but this engine functions solely as a generator for recharging the battery whenever necessary. It doesn’t drive the wheels directly at any point.

Currently, Genesis does not have any series-parallel hybrid models in its lineup, which sets them apart from their mainstream competitors. Hyundai and Kia sister brands. It focuses solely on EVs and internal combustion vehicles.

The company originally intended to transition exclusively to electric vehicles by 2030, however, this appears not to be the situation anymore based on recent statements made by them. Genesis global head, Mike Song.

"Whether it’s hybrid, electric vehicles, or internal combustion engines, all options are available. The customer will select what best suits their requirements," stated Mr Song back in January.

"Even though some customers still prefer ICE vehicles, we will continue to offer them. Our product strategy is aligned with our prediction of customer needs, hence nothing gets removed," he stated.

The demand for electric vehicles, including hybrids, is increasing.

We continue to hold the belief that someday in the future, though we're unsure exactly when, it will become entirely electric vehicles.

By 2030-2035, we believe there will still be demand for ICE and hybrid vehicles. We plan to continue with this approach even until 2050.

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