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. A TMS helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. There can be big fines for noncompliance with trade regulations.
GlobalTranz
SEPTEMBER 14, 2017
As seen recently with additional sanctions levied against North Korea and other countries, a change in politics may result in the cutoff of critical supply chain functions. Mounting Market Risks Can Damage Brand, Compliance Measures, and Reputation.
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NC State SCRC
AUGUST 30, 2017
It could be extra freight and workforce overtime and probably other categories of cost which would accrue as an associated loss risk to any event. South China will be exposed to hurricanes, and South Korea which is next North Korea (and the location of production of 50% of the world’s semiconductors) is in a precarious situation.
Talking Logistics
DECEMBER 20, 2017
North Korea : The more missiles North Korea launches and tests, the greater the risk for military conflict — or worse. In short, relations between the United States and North Korea have significantly degraded this past year and it doesn’t look like things are going to improve anytime soon.
QAD
NOVEMBER 10, 2020
South Korea is in eastern Asia in the southern half of the Korean Peninsula. It is bordered by North Korea, the Sea of Japan and the Yellow Sea. Although it has been an independent kingdom for much of its history, the 20 th and 21 st centuries were tumultuous for South Korea. Manufacturing in South Korea.
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