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Chile has long been a hub of second-hand and unsold clothing, made in China or Bangladesh and passing through Europe, Asia or the United States before arriving in Chile, where it is resold around Latin America. And now on to this week’s logistics news. She also highlighted the role that logistics companies play in the supply chain.
The topic/report will be on the logistics M&A so far this year. The report will be available free for paid Substack subscribers but I’ll provide a summary and a link to the report in case you’re interested in either purchasing it separately or paying for an anuual subscribtion to my Substack articles.
I asked that question almost three years ago following the collapse of a garment factory in Bangladesh that killed more than 1,100 workers and injured thousands of others. Based on recent reports, it appears that, three years later, the answer to that question remains the same: We don’t know.
billion metric tons—gets lost or wasted. What’s more, net food losses in developed countries (222 million metric tons) equate to nearly all of the food produced in Sub-Saharan Africa yearly (223 million metric tons). From the wholesale manufacturers in Iowa to the farmers in Bangladesh, change is coming.
Sustainability is created in the textile factories of Bangladesh. As we’ve learned from Kotter’s 8 Step Change Model (hyperlink), utilized as a framework to implement and achieve organizational change, the first 2 steps to create change boil down to one thing: People. Gauge Output, Report and Refine. Suppliers and partners.
This creates a “double whammy” effect, in that digitization is driving up the need for analytics but to truly find collaborative solutions that rely on new technology solutions, companies will need to find ways to partner. Prediction 1 – Supply Chain Analytics Will Become More Predictive (Not Backward Looking).
Supply Chain Matters provides highlights of reported February 2024 global and regional production and supply chain PMI indices. Report commentary further indicated that while global consumer goods production levels features solid monthly growth, both the intermediate and investment goods sectors were marginal in growth.
Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online. This in turn could put logistics under pressure at companies like Amazon.
Best of all, rather than bore you with a dry report and statistics on creating private label products for Amazon FBA, I will weave everything around a completely fictitious example, which might very well work for you in real life! She was going to extend her stay in Guangzhou anyway until she signed a purchase agreement.
Logistics – Maersk has begun the process to divest its 30.75% stake in Russian port operator Global Ports Investments, United Parcel Service Inc has halted overflights in Russia. Some notable countries include Egypt, Turkey, Bangladesh and Iran which buy 60% of their wheat from Russia and Ukraine.
If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.
Many people get really confused about KPIs or Key Performance Indicators in Logistics and Supply Chain operations. Cost as a percentage of sales (Logistics or Supply Chain). Purchasing and supplier management. Cost of goods sold. Total logisticscost. Which ones to use?… … How many to use?
Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics industry. The Rana Plaza building collapse in Bangladesh on April 24, 2013 killed over 1,100 garment workers and injured more than 2,000.
Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics industry. The Rana Plaza building collapse in Bangladesh on April 24, 2013 killed over 1,100 garment workers and injured more than 2,000.
Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics industry. The Rana Plaza building collapse in Bangladesh on April 24, 2013 killed over 1,100 garment workers and injured more than 2,000.
Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics industry. The Rana Plaza building collapse in Bangladesh on April 24, 2013 killed over 1,100 garment workers and injured more than 2,000.
Started in the Fintech industry, the blockchain technology behind Bitcoin and other cryptocurrencies, has the potential to fundamentally transform the supply chain and logistics industry. The Rana Plaza building collapse in Bangladesh on April 24, 2013 killed over 1,100 garment workers and injured more than 2,000.
For instance, a smartphone manufacturer importing Chinese components now faces a 25% tariff, adding millions to annual production costs. companies experienced logisticscost increases of 10% to 15% due to tariffs in the past year. These costs cascade through the supply chain, raising consumer prices and squeezing profit margins.
The newly announced tariffs join steel and aluminum tariffs, a 25% tariff on all automotive imports, and a 25% tariff on any country that purchases oil from Venezuela already in effect though only the Venezuelan tariff will be stacked on top of global or reciprocal tariffs.
The newly announced tariffs join steel and aluminum tariffs, a 25% tariff on all automotive imports, and a 25% tariff on any country that purchases oil from Venezuela already in effect though only the Venezuelan tariff will be stacked on top of global or reciprocal tariffs.
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