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Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

South Korea based LG Chem announced this week a planned $3.2 A further benefit is the domestic sourcing of major components in EV vehicle supply networks, providing overall transportation and time savings in needs to transport components and finished vehicles. Announcement. and other global regions.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . . South Korea. In the coming days we will scrutinize August global logistics, transportation and recognized volatility indicators to ascertain similar or contrasting indicators.

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Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

In a subsequent blog post, we will highlight another breaking development, that being a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supply chain management transportation and logistics management teams.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

South Korea. We continue to make mention of the S&P Global South Korea Manufacturing PMI® which continues to reflect a theme of a quickened downturn in the country’s manufacturing sector. The September PMI value fell deeper into contraction at a reported value of 47.3, slipping 0.3 percentage points from July’s value.

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Samsung Electronics Q1 Financial Performance and Supply Chain Outlook

Supply Chain Matters

This week the South Korea headquartered company reported quarterly financial results for the March 31 ending first quarter. Performance reportedly topped equity analyst expectations while posting a record consolidated revenue for the third consecutive quarter. All rights reserved. .

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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea.

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

Global wide production, transportation and logistics activity levels reported for February, but continued rather concerning data related to global transportation service levels and cost. Global and Domestic Transportation and Logistics Indices. Federal Bank of New York. Bob Ferrari. All rights reserved.