Remove Inventory Remove Logistics Remove Sourcing Remove South Korea
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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

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Supply Chain Shortages Hit the Customer Where it Hurts

Logistics Viewpoints

That same year, the H5N6 flu strain struck South Korea, which resulted in authorities exterminating about 17 percent of the national flock of chickens and 28 percent of ducks. But chicken and eggs are not the only protein source that has been facing supply chain shortages. This included about 30 farms.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

This exposed structural weaknesses, including giving many a pause for thought about over-reliance on Chinese goods and the fact that most supply chains lack the ability to rapidly shift production and logistics in response to demand. . When this happens, you need alternate sources in different regions that can deliver the parts.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. If there is only one supplier in the world providing a critical component, “do I need to dual source? Do I need more inventory? You could ask, what if there was an earthquake in South Korea?

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . . Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. . South Korea. Select Regional Highlights. United States.

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September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

The orders-to-inventory ratio fell to another multi-year low last month as excess capacity continued to build at factories. Of particular concern, the New Orders sub-index declined more than 4 points, reaching a contraction value in September while the Inventories sub-index was 2.6 South Korea. percentage points higher.

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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. The impact of the bottleneck goes beyond the canal itself, causing delays in container shipping and inventory replenishment along various shipping routes.

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