Remove Freight Remove Inventory Remove Malaysia Remove Manufacturing
article thumbnail

Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.

article thumbnail

From Triage to Transformation… Building Resiliency with Agile Supply Chains

LevaData

LevaData recently sat down (in a virtual, COVID-19-friendly manner) with a group of Chief Supply Chain Officers (CSCOs) from some of the worlds most renowned high-tech electronics and manufacturing companies. For those organizations who had already reduced their dependency on China, many had moved production to Malaysia.

Insiders

Sign Up for our Newsletter

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

article thumbnail

From Triage to Transformation… Building Resiliency with Agile Supply Chains

LevaData

LevaData recently sat down (in a virtual, COVID-19-friendly manner) with a group of CSCOs from some of the worlds most renowned high-tech electronics and manufacturing companies. One of the first challenges was to gauge supply chain impacts and to find leverage without reliable forecasts, while everyone else was trying to lock in inventory.

article thumbnail

Evidence That Manufacturers are Seeking Added Resiliency and Control of Supply Networks

Supply Chain Matters

Supply Chain Matters highlights for readers a published report noting how various manufacturers are seeking and establishing added resiliency and control of component and production networks. A published Future of Freight study sponsored by Deloitte in September 2022 indicated that U.S. We pointed out that in 2022, more U.S.

article thumbnail

Southeast Asian Pirates: Nothing to Shiver your Timbers Over

Elementum

With one third of the world’s freight traveling through these waters, the region would naturally be a hotspot for pirate activity. And while Malaysia managed to rein in the issue over a decade ago, hijackings and thefts have been cropping up further east, in Indonesian waters. What does this mean for manufacturers?

Somalia 60
article thumbnail

A chat with Scott Phillips

The Logistics & Supply Chain Management Society

I packed my (one) bag to start a considerable journey into becoming a Supply Chain Professional from the manufacturing floor up, with Detmold (Detpak) Packaging. . I took up a role to develop and facilitate the regional S&OP program for BlueScope steel, spanning, Thailand, Malaysia, Vietnam and Indonesia.

article thumbnail

Transforming Global Supply Chains

Enterra Insights

Andrew Kinder ( @Kinder_ai ), a Senior Vice President of industry and solution strategy with Infor, insists, “COVID-19 has taught manufacturers a bitter lesson. Reliable financial analytics across the enterprise — including branches, plant assets, fleets, and inventory — are required. Transformation Requires a Paradigm Shift.