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Chinese New Year Shutdown 2020: How to Prepare

ShipBob

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!

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

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. But even here, Mr. Barraco explains, there is a difference between accidentally shipping goods to bad actors and “intentional violators.” Treasury Department.

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Inventory planning to reduce Chinese New Year disruption

EazyStock

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. During this time, production across China will stop, and shipping will be delayed. The post Inventory planning to reduce Chinese New Year disruption appeared first on EazyStock. In 2024, this will be from February 9-15.

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Inventory Planning to Reduce Chinese New Year Disruption

EazyStock

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. In 2022 this will be from January 31 until February 6, and during this time production across China will stop and shipping will be delayed. Delayed shipping. No contact.

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Forced Labor in Seafood Supply Chains

EcoVadis

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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What Supply Chain Risks Must Supply Chain Execs Keep Top of Mind?

GlobalTranz

Failure to do so would result in extreme inaccuracies in inventory management and additional delays throughout shipping processes. Fortunately, supply chain execs can overcome and successfully mitigate this risk by implementing robust analytics technologies to provide better inventory management and overall supply chain management.

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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

Tom: We always have to keep an eye on North Korea. I lived in Seoul, Korea, for almost four years. Even back in 2008, North Korea was shooting missiles into the Sea of Japan, and that has not really changed. This is now impacting the Suez Canal and causing ships to reroute.