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3PL Value Creation Asia Summit 2025 by Brett Marshall Editor-In-Chief LogiSYM Magazine Last week in Singapore, Armstrong & Associates, in partnership with The Logistics & SupplyChain Management Society and CargoNow, hosted its annual 3PL Value Creation Asia Summit. 3PL performance has seen Logistics Costs CAGR of 3.9%
Reshoring, the practice of bringing manufacturing operations back to the United States, has gained renewed momentum in recent years, largely driven by a combination of political priorities, economic strategies, and global supplychain disruptions. The Case for Reshoring: Benefits for SupplyChains 1.
Subscribe Climate Impacts on Logistics and SupplyChain There is a growing public recognition that climate change is no longer simply a theory and that its effects are beginning to be noticed around the world. Many people will have watched in horror last year when the devastating floods hit large parts of Bangladesh.
Rethinking supplychains is a reader-supported publication. Over the last several years, we have worked diligently with our vendors to further diversify our global supplychain. Third, we are identifying further supplychain efficiencies in our network. A busy week in retail earnings!
Non-AI attacks like the 2016 Bangladesh Bank heist (when $81M was stolen via SWIFT system manipulation) show how payment systems are targeted. Attackers may target trusted suppliers or vendors, potentially introducing malware or launching phishing attacks within the supplychain, impacting the entire organization. A
From electronics manufacturers to retail giants, companies are grappling with a complex landscape of rising duties and other supplychain challenges. The stated aim of those measures is to bolster domestic manufacturing and reduce reliance on foreign supplychains. Tariffs also destabilize supplychain operations.
The announcement of tariffs on “Liberation Day” has created a cascading set of outcomes for global supplychains. Reports are that manufacturers in China, India and Bangladesh have up to $30M – $40M of inventory sitting on their docks. But there will be an effect.
Please understand that the 25% number is far less than what is needed to eliminate the Trade Deficit disparity we have with your Country,” Trump said in his letter to Japanese Prime Minister Ishiba Shigeru, the first to be posted on Truth Social.
A 15-year old boy from Bangladesh was playing hide and seek with his friends and he hid inside a shipping container. Read more The post Above the Fold: SupplyChain Logistics News (February 3, 2023) appeared first on Talking Logistics with Adrian Gonzalez. Be careful where you hidewhen you’re playing hide-and-seek.
At the end of last month, a garment factory fire in Bangladesh killed more than 100 people and injured many more. Let us view this tragedy from a supplychain perspective. Supplychains are typically customer-focused. Consumers who do not know a product’s supplychain? Who is to blame?
Two recent disasters in the garment industry, the Tazreen Fashions fire (2012) and the Rana Plaza building collapse (2013), have caused outrage over the lack of social responsibility across global supplychains. It is time to become serious about socially responsible supplychain management.
Whether you are a sports fan or a casino player, Betvisa Bangladesh promises an enjoyable and rewarding gaming experience. Betvisa Bangladesh is an innovative and exciting online gambling platform that offers players from Bangladesh a variety of casino games and sports betting. This code must be entered to activate your account.
Anytime you have a chance to talk to an executive vice president in charge of the global supplychain of a nearly $12 billion corporation, you know you will learn some things. Cameron Bailey, EVP of Global SupplyChain at VF Corporation, did not disappoint. Achieving Agility with Regional SupplyChains.
Last week, a well-made special report by Raconteur, titled SupplyChain 2015 (pdf), was distributed in The Times of London. Other topics covered by the report are, among others, strategic procurement, top technologies, demand prediction, sustainable supplychains and cross-border delivery. I very much enjoyed reading it.
Increasing scrutiny of labor practices requires supplychain technology that proves accountability and compliance. Consumers are demanding greater transparency and want more information about worker treatment in the supplychain. . Key Takeaways. Lack of transparency also carries a huge reputational risk.
Managing the flow of goods within the apparel industry requires an extensive and well-established supplychain network. Since this particular industry is insanely fast-paced, any problem within the supplychain can lead to a loss of sales for the business. There are countless benefits of having an optimized supplychain.
Ten years ago, on April 24, 2013, the world was shocked by the collapse of the Rana Plaza building in Bangladesh. The building housed several garment factories that supplied clothing to major global brands. In the aftermath, many apparel brands committed to improving working conditions in their supplychains.
An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence , the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters of garments for the apparel sector. These workers depend on it.
The political upheaval in Bangladesh has caused logistics disruptions since early June, but the resignation of the Prime Minister on Sunday has the army escalating steps to restore calm after fierce clashes of protesters with police.
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. Now is the time to make this happen, especially as supplychain companies around the world make their pledge towards sustainability.
Today’s guest post comes from Brian Jacobs and Vinod Singhal, who present the results of their recent research on social issues in global textile supplychains. Rana Plaza, an eight-story building in Bangladesh that housed garment factories employing approximately 5000 workers, collapsed on April 24, 2013. 2017.01.002.
Subscribe to SupplyChain Game Changer. 10 Vital SupplyChain Lessons from the Coronavirus Pandemic! SupplyChain Professional article and permission to publish here provided by Tim Moore. In my job, I have the privilege of constantly speaking with dedicated supplychain professionals globally.
For retail and trading companies, identifying and ‘cleaning-up’ their supplychain will be a major challenge. In February 2022, the European Commission made proposals to ensure that companies have a responsible supplychain. If they encounter malpractices they have a duty to eliminate them.
The recent press in the Wall Street Journal and other papers on Walmart’s fire in Bangladesh is raising the ire of corporate responsibility groups and human rights groups alike. So if you are tier one supplier in a country like Bangladesh, and a major retailer is your customer – what will you do? Or the buyer?
And whether you realize it or not, the garment industry supplychain is changing – both for the better and for the worse. Apparently, the $67 a month workers make in Bangladesh was getting to be too costly. This really speaks to the heart of the issue – global supplychain visibility and transparency.
Selecting a SupplyChain Technology Provider is Harder than it Seems. In India, the Central Government’s focus on improving all aspects of the supplychain means that all supplychain users must start thinking carefully about how to create a streamlined and agile supplychain to keep up with the changing global environment.
The online casino industry in Bangladesh is rapidly evolving, with international platforms competing to provide the best gaming experiences for local players. With its player-first approach, localized payment methods, and extensive game library, BengalWin is set to become the go-to platform for online gambling in Bangladesh in 2025.
Against an already turbulent backdrop of global inflationary pressures amid rising food and energy prices and disrupted supplychains following the coronavirus pandemic, the war between Russia and Ukraine is exacerbating supply and demand tensions, damaging consumer sentiment, and is threatening global economic growth.”[1]
If the mantra of the real estate industry is “Location, Location, Location”, the new mantra of supplychain executives is fast becoming “Collaboration, Collaboration, Collaboration”. Bangladesh, Cambodia, and Vietnam experienced similar wage-related strikes and walkouts. Let’s look at some examples….
The Rana Plaza factory collapse in Bangladesh in 2013 has opened the eyes of many supplychain managers: Implementing a socially responsible supplychain has, indeed, become an imperative for global corporations and the supplychain management discipline might be in the middle of a paradigm shift.
Through the supplychain. Modern slavery is one of the supplychain industry’s dirty little secrets, but thankfully, governments in the US and UK are attempting to wash it clean, working to put a stop to a problem that should never have been allowed to exist in the first place.
Subscribe to SupplyChain Game Changer. Apparel supplychain management is a key factor in determining the success of the apparel business. In any industry, an efficient supplychain is important to make the product reach the customer on time, and in optimum condition. Subscribe Here! Email Address.
Three years ago, I wrote a popular post highlighting “ 5 New Year’s Resolutions for SupplyChain and Logistics Executives.” For related commentary, see “ There’s No Silver Bullet for SupplyChain Visibility ” and “ Forget Innovation, Just Execute Better ”. Stop viewing logistics as a cost center. It’s now 2017.
How many slaves are in your supplychain? 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. More than half say they lack the skills to deal with modern slavery in their supplychains.
To provide insights into the COVID-19 coronavirus pandemic and its impact on supplychains around the world, we are delivering a blog series to help anyone looking for support and advice. Our experts, who have spent years in the supplychain industry, share their insights. All non-essential businesses shut down.
The Sourcemap team travelled to Dhaka, Bangladesh last month to kick off the door-to-door census of every garment factory in the country: a Digital Ready-Made Factory Map of Bangladesh. Sourcemap is partnering with C&A Foundation and BRAC University (BRAC U) in Bangladesh to administer the survey.
Supplychain transparency can be difficult to accomplish on a global scale. In addition to how items are shipped, shippers should also have visibility to how and where products are made to ensure compliance across the entire supplychain. Read More.
3D printing is being hailed as a breakthrough technology that will revolutionize manufacturing and supplychain management. Yet there are a number of important supplychain-related questions about the technology and its application that still need to be answered. Evaluating New SupplyChain Ideas here.
China’s position as a production location is currently a hot topic amongst global thought leaders in supplychain. This is one of the most common questions that I’m asked when holding keynote speeches, workshops or supply-chain training courses. By Heidi Larsen, SupplyChain Princess.
As a result of the growth in the outsourcing of manufacturing worldwide, ethical problems are also increasing in the supplychain: a catastrophic fire in a contract manufacturer’s overcrowded factory in Bangladesh and recalls of branded products containing harmful substances, to name but a few.
Gartner’s first Women in SupplyChain Survey, conducted with AWESOME, an executive women’s leadership group, compares the representation of women in supplychain leadership roles. It also identifies practices that are increasing the engagement with and success of women in supplychain organizations.
It is becoming ever-more difficult for supplychain professionals to make the right decisions. SupplyChain Media, software vendor Aimms and consultancy firm Districon have put together this checklist for supplychain optimisation. >>Please Checklist supplychain optimisation.
Supplychain leaders have gained an ever-stronger position in the world of business over recent years. Talent development can make an important contribution to the execution of their supplychain strategies, but not all leaders pay the same amount of attention to this topic. Bangladesh. American Samoa. Antarctica.
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