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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

Essential Skills for Supply Chain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supply chain managers and leaders in Asia. Establishing policies within the system ensures efficient inventory management.

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This Week in Logistics News (April 29 – May 5)

Logistics Viewpoints

Nearly three quarters (73%) of economists surveyed as part of the World Economic Forum (WEF) Chief Economic Costs Outlook for May 2023 believed that south Asia – especially India – would benefit from recent turbulence in the global economy.

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The VF Corporation Invested in Supply Chain Agility Before COVID Made “Agility” the New Buzzword

Logistics Viewpoints

In Asia, Vietnam and Bangladesh are more important sourcing locations. Much of the world’s fabric is produced in Asia, for example. VF is having conversations with fabric manufacturers to encourage them to produce more fabric in factories outside of Asia. There will be no emails or spreadsheets. Conclusion.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

This provides benefits like shorter transportation times and improved inventory efficiency. For example, Mattel moved production of Barbie toys from Asia to Mexico. Key countries that businesses are moving to include India, Thailand, and Vietnam.

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The Age of Agility: Building Resilience in the Supply Chain

The Logistics & Supply Chain Management Society

Border controls, China’s zero-covid policy and global shipping costs and energy prices is putting increasing pressure on supply chains throughout the Asia Pacific region. Inventory and Capacity Buffers. Whether in the form of underutilised production facilities or inventory in excess of safety stock requirements.

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New Balance’s Added U.S. Manufacturing Presence

Supply Chain Matters

While the company does outsource manufacturing and component needs across Asia, there has also been a commitment toward maintaining some U.S. and China trade war had resulted in added tariffs being applied to footwear causing designers to consider sourcing within other countries, especially Vietnam. onshore presence.

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Red Sea Ocean Transport Shipping Disruption Update

Supply Chain Matters

Industry players indicate that in anticipation of the end of the Lunar New Year celebrations across Asia, large amounts of empty containers need to be positioned at major Asian ports for the expected surge in shipping volumes. retailers are already experiencing notifications of extended arrival times of ordered inventory.