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Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

The price of container freight rates surged while the entire world was having to deal with delays. Japan and Taiwan have earthquakes often, and they both are some of the leading suppliers of microchips. The better relationship you have with your partners, the more information you can have in reducing any supply chain disruptions.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

As the pandemic eased, ports suffered bottlenecks, natural disasters disrupted freight movement, railways suffered congestion, and new legislation further complicated the movement of goods. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and South Korea.

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Seasoned Leadership in Action! An Interview with Leonard Han!

Supply Chain Game Changer

It was with the use of inventory models such as EOQ, Safety Stock, Fixed Lead-time and Demand Forecasting to ensure that Operations is not interrupted. I moved on into many roles within the field of Supply Chain ending as Vice President of Operations for a Supply Chain company with experience working in Taiwan and China.

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Justifying Investments in Risk Avoidance

MIT Supply Chain

I gave the example of Sun Microsystems, which suffered a spate of freight thefts in Europe. To fight the phenomenon, Sun hired escorts for trailers carrying high-value Sun gear and monitored logistics personnel to reduce inside-job leaks of information about these shipments. As a result of the measures Sun cut its losses to zero.

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

ToolsGroup

In this blog post, we’ve compiled a list of over 100 supply chain crisis statistics to help you stay informed and build a more agile, resilient supply chain. It is estimated supply chain disruptions and inventory shortages affect 4% of inventory for some large companies, and 40% of inventory for smaller companies.

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Sourcing Priorities: Low Cost Geography or Domestic On-shoring?

Supply Chain Game Changer

The vast majority of semiconductor chips are manufactured in Taiwan. Similarly the disadvantages of low cost sourcing are the advantages of local sourcing. But there are other considerations that may make some repatriation of outsourced work more appropriate.

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The Supply Chain’s Vision Problem

Enterra Insights

Most companies weren’t buying from China or Taiwan or Malaysia like they are today.”[4] Point of sale data tracks exactly how many black shirts in size medium were sold yesterday, then meshes with inventory management technology to generate demand predictions that then prompt production of more (or less). Footnotes. [1]