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Above the Fold: Supply Chain Logistics News (February 3, 2023)

Talking Logistics

A 15-year old boy from Bangladesh was playing hide and seek with his friends and he hid inside a shipping container. Unfortunately, he locked himself in, fell asleep, and ended up in Malaysia six days later. Be careful where you hidewhen you’re playing hide-and-seek. The boy was locked inside the container for 6 whole days.

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Don’t Fret: Trans-Pacific Partnership (TPP) Agreement will not play havoc with the economic development of developing countries

The UCLA Anderson Global Supply Chain Blog

TPP is a unprecedented trade deal in history because it involves 12 countries (United States, Japan, Australia, Peru, Malaysia, Vietnam, New Zealand, Chile, Singapore, Canada, Mexico, and Brunei Darussalam), which accounts for 40% of global trade. (The The global trade amounts to US$ 38 trillion in 2014, where China took the lead with US$ 4.2

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Needed: A New Way to Manage Risk in Low Cost Countries

NC State SCRC

By deploying the “fast fashion” business model, the apparel industry began to outsource garment manufacture to suppliers and subcontractors in low-cost countries, such as China, India, Vietnam, Malaysia, Pakistan, and Bangladesh.

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Logistics Execs Split on Outcome of NAFTA Talks

Material Handling & Logistics

Malaysia remained the leader for smaller emerging markets. The countries improving their infrastructure and transport connections most were India, Indonesia, Turkey, Egypt, Iran, Pakistan, Argentina and Bangladesh. Qatar jumps two spots to No. 8 in the infrastructure/transport category and maintains its grip on No. 31 from No.

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Analytics Should Focus on A Culture of Factory Safety for Workers in Low Cost Country Manufacturing

NC State SCRC

This will never work – particularly as we move into an era of global outsourcing and contract manufacturing in low cost countries such as Vietnam, India, Bangladesh, Malaysia, Indonesia, Cambodia, Sri Lanka, and others in Asia.

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China Flexes Its Global Logistics Muscle

Material Handling & Logistics

Bangladesh-China-India-Myanmar. This is truly a brilliant plan on China’s part,” explains David Gonsalvez, CEO of the Malaysia Institute for Supply Chain Innovation, which is part of the MIT Global Supply Chain and Logistics Excellence Network. The plan consists of six economic corridors: • China-Mongolia-Russia. Eurasian Land Bridge.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

For the first time in many months, report authors identified export order demands originating countries as being Australia, Bangladesh, Brazil, Canada, China, Europe, Indonesia and the United States. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam.