article thumbnail

Industry Supply Chain Implications to Slower Economic Growth Across China

Supply Chain Matters

Keep in mind that because China ’s economy was impacted last year by widespread Covid-19 lockdowns, economists are focusing on quarter-to-quarter or annual average growth rates as a yardstick comparison for economic growth. The recent Q2 GDP number is below the average 8 percent to 9 percent growth levels prior to the global pandemic.

China 52
article thumbnail

Thailand Ecommerce Logistics for ASEAN Enterprises: Should You Go Local?

Logistics Bureau

The ability to operate without substantially increasing inventory levels. For another, in comparison with some Asian countries like Singapore, Malaysia, and the Philippines, Thai consumers are less inclined to interact commercially with cultures and languages that differ from their own.

article thumbnail

3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

The 2015 Annual Third Party Logistics Study also reveals that both sides regard themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9%, an average inventory cost reduction of 5% and an average fixed logistics cost reduction of 15%. Lao People's Democratic Republic.