Supply Chain Matters

FEBRUARY 5, 2024

Supply Chain Matters depicts Samsung Electronics as an industry supply chain bellwether because of the company’s unique business model as being a smartphone, consumer electronics and appliance producer, as well as a key industry-wide supplier and technology innovator.

Electronics 52

Electronics Optimal Sourcing Modeling South Korea 52

Logistics Viewpoints

SEPTEMBER 7, 2022

Do I need more inventory? You could ask, what if there was an earthquake in South Korea? And total value includes the dimensions of quality, driving innovation in the supply base, and risk. Do I need to restructure my contract with them? All those different variables go into helping us reduce the risk in a product line.”

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

Resilinc

JULY 26, 2022

Hungary’s well-connected location puts us much closer to our European customers so that we can fulfil and sustain their needs while remaining at the forefront of innovation,” the company said in a news release. Not coincidentally, the company opened its first in-house European manufacturing facility in Budapest in June.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

Supply Chain Matters

OCTOBER 26, 2023

Industry media indicates that unsold inventories of EV vehicles remain on dealer lots as consumers are balking on the sticker price and the mileage ranges of offered vehicles. The Chairman of South Korea based SK Group , a strategic battery supplier to Ford Motor , indicated to Bloomberg that amid the increased tensions between the U.S.

Price Reduction 52

Price Reduction Expense Reduction Cost Reduction Strategies Resource Reduction 52

Logistics Bureau

MARCH 19, 2020

The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. 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. It is also airlifting parts from China to its Vietnam operations.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

Locus

MARCH 28, 2022

South Korea’s beauty retailer Style Nanda has been leveraging this tactic. Given its proximity to consumers and a carefully curated inventory of essential goods, these spaces can meet the delivery of essential purchases in short time frames as quickly as within an hour.

Retail 52

Retail Cost Reduction Strategies Price Reduction Inventory Reduction 52

Vinculum

JUNE 3, 2022

Asia-Pacific (China, South Korea, Japan, Southeast Asia, India, Australia, and the Rest of Asia-Pacific). The Inventory Turnover. The Omni-channel platform helps in managing the inventory in a significant way. Europe (Germany, UK, Italy, France, Russia, and the Rest of Europe).

Modeling Software 52

Modeling Software Omnichannel Inventory Management Software Optimization Software 52