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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea.

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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. Global and Domestic Transportation and Logistics Indices. Federal Bank of New York.

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Top 10 Global Supply Chain Risks

Supply Chain Game Changer

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Transport Loss.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. 81% of semiconductor contract manufacturing was based in Taiwan or South Korea in 2020 ( Deloitte Global ), but The United States passed a $52 billion dollar Chips for America Act in an effort to bring the manufacturing of microchips back to the United States.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In 2018, iHerb opened its first international 3PL distribution center in South Korea, the first in the country since its laws changed to allow foreign ecommerce companies. In August, Yusen Logistics acquired the ecommerce delivery and fulfillment company, ILG, and launched an express service for air cargo in Guangzhou, China.

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What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

Accordingly, significant volumes of ocean cargo shifted to earlier sailings than normal, disrupting typical volume trends in the third and fourth quarters of 2018. In fact, there were some instances where vessels had to unload cargo in Panama to get through the canal. Procure enough capacity. during this period.