article thumbnail

Supply Chain Risk Management: Risks of Relocating a Business ‘China to Vietnam’

The Logistics & Supply Chain Management Society

According to Lambert and Cooper, accelerating globalisation and propelling innovations have been responsible over the past years for developing market competition. For example, in the year 2019 the trade war between the US and China was dragged on for more than a year resulting in 25% tariffs placed on US$200 billion of Chinese goods.

Vietnam 35
article thumbnail

Industry Outlook 2023: Digital Transformation in Supply Chain, Sustainability and Workforce Present Uncertainty and Opportunity

The Logistics & Supply Chain Management Society

Each of these challenges is connected, and each offers an opportunity for innovation and transformation, especially considering advancements in digital technologies. Disruptions cause supply chain uncertainty Original Equipment Manufacturers (OEMs) in Asia continue to see strong demand for trade supply.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Power Your Business Sustainably Through Solar Energy

The Logistics & Supply Chain Management Society

A champion of green logistics, it partnered with Sembcorp to build a rooftop solar installation at their facility, Supply Chain City, at the heart of the Jurong Innovation District. For example, you will need power from your grid when your rooftop solar system is not generating power at night. Thinking Outside The Box – Fact or Myth?

article thumbnail

This Week in Logistics News (November 25 – December 1)

Logistics Viewpoints

companies to import more from countries including India, Thailand and Vietnam. Schneider president and CEO Mark Rourke said: “We are driven by our commitment to sustainability and innovation to be one of the first carriers to embrace electric as a powerful solution for hauling freight. It also operates two electric yard tractors.

article thumbnail

Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

While innovation has slowed in Enterprise Resource Plannning (ERP) and Supply Chain Planning, I am bullish about some of the innovation coming from the supply chain network design technology providers like JDA, Llamasoft and Solvoyo. For example, we discovered that transportation and duties are 5x the expense of labor and overhead.

article thumbnail

Selecting a Supply Chain Technology Provider is Harder than it Seems

The Logistics & Supply Chain Management Society

A commitment to innovation, which can be measured by the percentage of research and development undertaken or provided to employees at the company, is crucial. it is critical that your provider have a plan for bringing digital innovations to your partners and allowing you to collaborate and connect on a global network.

article thumbnail

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

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. It is also airlifting parts from China to its Vietnam operations. We have plenty of innovative ideas to help you streamline your supply chain cost and service.