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Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. South Korea based LG Chem announced this week a planned $3.2 Announcement. and other global regions. That further adds to fulfilling U.S.

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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

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Are Asian Economies Heading for a Bumpy Ride in 2022

20Cube Logistics

The Asia-Pacific region, which has emerged to be the economic hotspot in the last few decades, displayed a huge slump during the first wave of the COVID-19 pandemic. Despite the economic disruptions that raged post 2020 and the volatile state of price pressure, Asia has experienced less of a fluctuating consumer price inflation.

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Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs. During the drought, 32 vessels will be permitted to cross, down from 36 usually. The ACP also implemented “Condition 3” until September 2, 2023.

Panama 62
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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

This was driven on fears that global economic conditions will weaken further, and demand across key markets across Asia, Europe and the U.S. South Korea. South Korea remains a technical and manufacturing hub for semiconductor, memory and high-tech supply networks and thus another barometer of declining production demand.

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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. With the occurrence of the Lunar New Year and Tet New Year holidays occurring into February, all eyes were on the indices of key Asia based regions.

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Morgan Global Manufacturing PMI®, compiled by S&P Global in association with ISM and IFPSM , provided a banner headline of a sharp downturn occurring across the Eurozone and added signs of weakness across Asia. Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam.