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This Week in Logistics News (November 25 – December 1)

Logistics Viewpoints

homes in 2022 than UPS, after eclipsing FedEx in 2020, and it is on track to widen the gap this year, according to internal Amazon data and people familiar with the matter. Walmart shipped one quarter of its U.S. The data shows that only 60 percent of its shipments came from China during the same period, down from 80 percent in 2018.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

The benefits of reshoring include more control over the supply chain, lower shipping costs, and increased adaptability to market changes. Key countries that businesses are moving to include India, Thailand, and Vietnam. For example, companies like Apple, General Electric, and Ford have moved some manufacturing back to the US.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

IT Competency: Critical for leveraging technology like smart sensors, AI, and data analytics to enhance visibility and control costs. Embracing automation would generate valuable data for analysis, enabling optimization of operations.

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Innovative Approaches to Supply Chain Risk

Kinaxis

This scenario played out for thousands of companies after the Japan earthquake, the Thailand floods and numerous other smaller scale disasters. There has been a huge increase in the amount of data available, both numeric and unstructured. How do you cut through the noise and find data that is relevant? Think again.

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Which Industries Have Been Impacted by UFLPA?

Resilinc

From Q3 2022 to Q2 2023, CBP stopped 3,588 shipments for further evaluation valued at $1,078 million mainly from Malaysia, Vietnam, China, and Thailand. As for the other countries, 38% of electronics came from Vietnam and nearly 1% came from Thailand. Data for Industrial and Manufacturing Materials shipments stopped by CBP.

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What is Supply Chain Resiliency?

Logistics Viewpoints

The average cost of a data breach reached $3.86 A virus in China disrupts auto manufacturing in Detroit , or a flood in Thailand takes out a cluster of research and production facilities. Utilize a TMS That provides real-time data to remain agile. Many companies rely on data that may lag several days.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

along with Vietnam, Thailand and Indonesia. Commenting on the March data, Timothy Fiore, Chair of ISM’s Manufacturing Business Survey Committee indicated in-part: “ Demand remains at the early stages of recovery, with clear signs of improving conditions. From our lens, the data points to India. reflecting a 1.3 an increase of 2.5