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Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

What we found somewhat concerning was the indication that growth in manufacturing production accelerated to an 11-month high in May, and yet important leading indicators such as new business and new export orders have dropped to multi-month lows. That could signal even more added inventory exposures.

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Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

BlueYonder

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. Lucky are the companies that can shift production to other countries like Mexico or Vietnam. That is because lots and lots of people are needed to help an AI system learn so that it can eventually act on its own.

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

A relatively new index is The Global Supply Chain Pressure Index (GSCPI) , developed by a group of researchers at the U.S. Federal Bank of New York. A country of continued optimism remains that of Vietnam , which has been the go-to country for businesses seeking to manage supply network risk exposure in China.

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Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

These tools are now enabling new capabilities to make trade-offs between volume and cost while helping companies to redesign flows and decoupling points. I also think that Quintiq’s leadership in concurrent planning to solve new problems is promising, especially in the design of transportation and inventory flows.

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Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

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. The Food Industry.

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How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

While the European automakers have managed to cope so far by cannibalising stockpiled inventory, they fear that shortages will soon occur in the supply of critical parts from China, due to the three-to-four week lag in getting back to full capacity in that country. COVID-19 Impact on Shipping.

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Spire and Gravity Supply Chain solutions helping restore flow of goods

Gravity Supply Chain

Just-in-time (JIT) inventory management became crucial to the nation’s meteoritic industrial growth, including Toyota’s eclipsing North American and European automakers as the world’s largest automakers for their time. A world transformed. In 1956, manually loading a ship cost $5.86 billion metric tons as of 2017.