ivalua
OCTOBER 24, 2019
Office of Foreign Assets Control (OFAC) after their suppliers used third party vendors in North Korea, falling foul of North Korea Sanctions Regulations. This gives control over supplier master data management to provide data-driven insights needed to evaluate supplier performance and risk.
Talking Logistics
MARCH 2, 2016
As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” We do not approve or authorise any production of Rip Curl products out of North Korea.”
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Logistics Viewpoints
AUGUST 14, 2023
In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. There can be big fines for noncompliance with trade regulations. This action was brought by the Office of Foreign Assets Control which is an enforcement agency of the U.S.
NC State SCRC
JANUARY 29, 2022
In particular, with the majority of global production coming out of Taiwan (TSMC) and Korea (Samsung), the geopolitical risks of China and North Korea in these regions is no small worry. The first piece of data is the overall level of capacity utilization for semiconductor production in the United States.
Supply Chain Movement
AUGUST 31, 2017
The general price level of products made in China is rising rapidly, and it has been claimed that some of the products actually originate in North Korea. Click here for more accurate data>> # 2 “Chinese labour costs are rising significantly”. So has the time come to look beyond China for low-cost production facilities?
Talking Logistics
JANUARY 9, 2017
But technology won’t solve your supply chain problems or help you improve unless you also address the most common culprits of poor supply chain performance: poor data quality, lack of resources and training, lack of metrics and accountability, and poor communication and collaboration with trading partners (see resolution #3 below).
American Global Logistics
JULY 14, 2023
Other geopolitical risks, such as tensions between Russia and Ukraine, along with unpredictable regimes in Iran and North Korea, have the potential to disrupt global supply chains as well. Use data analytics: Analytics can help identify areas to reduce costs and improve efficiency.
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