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Supply chain shockwaves from the Taiwan earthquake

Resilinc

Discover which industries may be impacted by the 7.4 magnitude earthquake in Taiwan, as well as current port closures and supply chain challenges. magnitude earthquake struck Taiwan. The quake was the biggest earthquake to hit Taiwan in 25 years. Background on the Earthquake On Wednesday, April 3, a 7.4

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Today’s Major Earthquake Impacting Taiwan- Initial Implications

Supply Chain Matters

In this special Supply Chain Matters supply network risk advisory, we highlight the initial implications of today’s major earthquake that has impacted the island of Taiwan. They can be events that are geopolitical, industry or natural disaster in scope. magnitude earthquake that has impacted Taiwan. According to the U.S.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. If something were to happen in Taiwan—like the recent 7.4

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Navigating Global Supply Chain Disruptions: Strategies for Resilience

SCMDOJO

This article will explore why disruptions happen, and how the industry deals with them as they come. Among surveyed respondents, nearly 97% of industrial product companies saw disruptions during the pandemic. Cyberattacks While it may not seem like a threat, cyberattacks can disrupt entire industries if left unchecked.

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The latest report indicated that rates of expansion slowed in consumer, investment and intermediate goods industries, the latter for the third time in three months. The bottom three were listed as Poland , Taiwan and Myanmar. . The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. from the 51.7

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Although this does not help to avoid tariffs for the components of your product, companies may benefit from decreasing transportation costs as they move final transportation closer to their customers. Southeast Asian countries, Taiwan and India have become alternative manufacturing locales or sources of supply.

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September and Q3 Global PMI Levels Remain in Contraction

Supply Chain Matters

The three specific regions of concern remain the Eurozone, United Kingdom, along with Taiwan. Reported Easing Of Manufacturing Downturn in Taiwan The September S&P Global Taiwan Manufacturing PMI® report was headlined with Taiwan ’s manufacturing sector downturn now moderating by the end of Q3. reported for July.