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Preparing Your Supply Chain for 2023 – 4 Areas of Focus

Logility

Utilize scenario planning in cases such as when to onshore versus offshore to evaluate sourcing options in the wake of government intervention . Germany, South Africa, and South Korea were abundant in 2022. industry and the economy. We are advising clients to: . Labor actions like strikes in the U.S.,

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This Week in Logistics News (June 11 – 17)

Logistics Viewpoints

The company, in its quest to achieve carbon neutrality by 2025 has also been investing in electric vehicles as well as other alternative fuel sourced vehicles. An escalating strike by truck drivers in South Korea is adding more disruption to global supply chains, from a slowdown at the country’s ports to production halts at auto factories.

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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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The Coronavirus Is Shattering Traditional Supply Chains

ivalua

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S.

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Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

The main countries affected by the drought are China, Japan, South Korea, and the US, as the Panama Canal facilitates 46% of container movement from northeastern Asia to the US. As climate change continues to make unusual events more normal, events like this will continue to happen again and again.

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Helping You Plan Ahead During the Coronavirus Outbreak

CH Robinson Transportfolio

Similar to China, airlines have canceled majority of passenger flights in and out of Europe and South Korea due to safety concerns and lack of travel demand. If you haven’t already, start discussions with your freight forward around production planning and forecasting. Backup sourcing options.

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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

These smart operators include: John Deere: The agricultural vehicle manufacturer says it expects to spend $40 million (USD) on expedited freight to ensure there is no disruption in supply. 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.