Talking Logistics
MARCH 2, 2016
As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” We do not approve or authorise any production of Rip Curl products out of North Korea.”
Logistics Viewpoints
AUGUST 14, 2023
In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. Companies who have experienced these delays often add inventory across their network to buffer the risk. There can be big fines for noncompliance with trade regulations.
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ShipBob
DECEMBER 18, 2019
In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Get prepared for the year of the rat with the best kind of red envelope, keeping your business in stock of inventory!
American Global Logistics
JULY 14, 2023
Other geopolitical risks, such as tensions between Russia and Ukraine, along with unpredictable regimes in Iran and North Korea, have the potential to disrupt global supply chains as well. Brexit fallout, characterized by additional red tape, dislocated labor markets, and anemic trade growth, continues to affect supply chains 4.
EazyStock
AUGUST 8, 2023
Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. If you’d like to know more about how EazyStock can help you manage supplier disruptions or improve your inventory management capabilities overall, please get in touch. In 2024, this will be from February 9-15.
EazyStock
DECEMBER 8, 2021
Chinese New Year (aka Lunar New Year) might seem like a long way off, but smart inventory managers will be starting to plan for this event very soon. If you’d like to know more about how Eazystock can help you manage supplier disruptions or improve your inventory management capabilities overall, please get in touch.
EcoVadis
JUNE 16, 2016
State Department responded to the media reports by blacklisting Thailand – essentially placing constraints on Thai trade similar to those placed on North Korea. Seafood companies want to reduce reputational risks associated with selling products that were procured through forced labor, while maintaining inventory.
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