ivalua

MARCH 31, 2020

In the meantime, Hyundai’s supply-chain radar was able to quickly identify two South Korean wire harness makers who were looking for opportunities to increase production at their own factories in South Korea and elsewhere in Asia, to compensate for disruptions to the Chinese supply chain.

Supply Chain Design Software 130

Supply Chain Design Software Agile and Lean Supply Chain Manufacturing Procurement Supply Chain Software 130

Logistics Bureau

MARCH 9, 2020

South Korea, $28.7 Aware of the dangers of being over-reliant on a single trading partner, Australia had, even before the outbreak of the virus, started trying to diversify its markets by launching negotiations for free trade agreements with countries such as Indonesia, India, Japan, South Korea, and the United Kingdom.

Australia 105

Australia South Korea United Kingdom Japan 105

ToolsGroup

APRIL 1, 2022

Such measures include communicating with suppliers and customers , using demand shaping to overcome inventory shortages, seeking additional suppliers, and building more onshore facilities. To overcome supply chain challenges following Covid-19, 61% of companies increased inventory of critical products. Wall Street Journal ).

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Elementum

AUGUST 10, 2015

Update 8/09/2015, 18:03 PST: Tropical Storm Soudelor to Hit South Korea on August 11. Tropical Rainstorm Soudelor, which continues to inundate eastern China, is moving northwestward to hit South Korea on Tuesday, August 11, threatening to bring heavy rains and isolated flash flooding.

South Korea 60

South Korea Taiwan Supply Chain China 60

Talking Logistics

SEPTEMBER 16, 2016

Keeping track of warehouse inventories with an army of fully autonomous drones (TechCrunch). According to a Reuters report: As of Wednesday, of Hanjin’s 97 container ships, 36 were waiting outside of overseas ports, according to South Korea’s finance ministry. New Transport Mode to Redefine Freight Movement.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Kansas City Supply Chain Planning Software Modeling 100

Supply Chain Matters

SEPTEMBER 3, 2022

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.

Manufacturing Procurement 59

Manufacturing Procurement Global South Korea Manufacturing 59

6 River Systems

JULY 29, 2020

CJ Logistics CJ Logistics is a Korean logistics company based in Seoul, South Korea. The company was formed in 1930 during the Japanese colonial period in Korea with a single warehouse as Chosun Rice Warehousing Co., Later, the company was named Korea Express, and multiple mergers and acquisitions led to its current name.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

Supply Chain Matters

FEBRUARY 5, 2024

Quicker declines in finished goods inventories and a softer reduction in pre-production stocks were noted. Renewed Expansion in South Korea The S&P Global South Korea Manufacturing PMI® was headlined with a reported renewed expansion in the country’s manufacturing sector at the start of 2024. increased 1.3

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing South Korea Global 52

EMERGE App

DECEMBER 18, 2018

Less affected are Singapore, South Korea, and Thailand. Only South Korea, Indonesia, and Myanmar may see a muted effect in switching away from Chinese exports. Inventory management software, in particular, is critical for all players in the supply chain: importers, exporters, wholesalers, and distributors.

Distribution 74

Distribution Trends Manufacturing Procurement Supply Chain Design Software 74

Supply Chain Matters

OCTOBER 4, 2022

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.

Manufacturing Procurement 52

Manufacturing Procurement Global Manufacturing Trends 52

Supply Chain Matters

SEPTEMBER 4, 2024

Solid growth levels were once again reported for India, along with positive growth indicators for the United Kingdom and South Korea. The S&P Global South Korea Manufacturing PMI® registered a value of 51.9 The challenge will be ensuring that excessive inventory overhang does not occur as it did in prior years.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global South Korea 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 64

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 64

BlueYonder

FEBRUARY 25, 2021

Toyota Motor has recently shut down production lines due to semiconductor chip shortages in China, GM has closed plants in North America and cut production activities in South Korea, and Volkswagen is anticipating issues in 2021 in its factories located in China, Europe, and the United States.

Inventory Reduction 66

Inventory Reduction Sourcing Strategies Supply Chain Strategy Modeling 66

Supply Chain Matters

JULY 2, 2024

South Korea Production Momentum Increase The S&P Global South Korea Manufacturing PMI® was headlined with “ factory orders increasing at the fastest pace since February 2022.” That stated, inventory pressures coupled with higher demand have reportedly led to lengthening lead times for the country’s manufacturers.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Optimal Sourcing 52

20Cube Logistics

JANUARY 27, 2022

One more trend that has been highlighted to take place in Asian supply chain is that of a cooling inventory drive. The expansion of capacity by the leading suppliers and manufacturers will keep the inflation rate stable and the supply crunch that occurred in 2020 is going to give way to excessive inventory and supply. .

Manufacturing Procurement 83

Manufacturing Procurement Asia Currency Policies 83

Resilinc

JULY 26, 2022

Previously acquiring these components from global semiconductor suppliers, Samsung now has more domestic options because “more suppliers in South Korea have now emerged with the rising demand for memory chips,” according to SamMobile’s Mihai Matei. While reporting 76% YOY growth in profit and 43.5%

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

Supply Chain Movement

JUNE 30, 2015

That leads to extra inventory and extra costs and hence necessitates a substantial level of turnover in order to be financially feasible. In 2012 the company decided to seriously push for success in the Chinese, Japanese and South Korean markets. Regional DC. Bugaboo opted for that solution. Notion of quality.

China 60

China Distribution Inventory Reduction DC 60

NC State SCRC

AUGUST 30, 2017

In addition, the MRP planning system will continue to pull in the other 99 positions on the BOM for this part – and for these 99 parts the inventory would start to pile up in the warehouse and tie up cash flow, because the product could not be produced without the single critical part from the impacted supplier.

Analytics Software 58

Analytics Software Predictive Analytics Analytics Supply Chain Planning Software 58

Resilinc

AUGUST 30, 2023

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.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

CH Robinson Transportfolio

MARCH 14, 2020

Given this continued volatility, global importers are eager to restock their inventory. Similar to China, airlines have canceled majority of passenger flights in and out of Europe and South Korea due to safety concerns and lack of travel demand. Assessment of inventory levels. specifically China.

Supply Chain Planning 44

Supply Chain Planning Scenario Planning South Korea Manufacturing Procurement 44

Logistics Bureau

MARCH 3, 2020

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. in vehicle sales worldwide in 2020 due to Coronavirus. Other Industries.

Manufacturing Procurement 66

Manufacturing Procurement Global Supply Chain Software Supply Chain 66

Supply Chain Matters

FEBRUARY 5, 2024

Financial Performance South Korea based key supplier of high tech and smartphone semiconductor and memory devices, Samsung Electronics, reported disappointing Q4 and 2023 full year financial performance results. However, the ongoing trend of customers reducing inventory may mean that earnings will not significantly recover.

Electronics 52

Electronics Optimal Sourcing Modeling South Korea 52

Supply Chain Matters

MARCH 5, 2024

However, the published index indicated expansion level was rather mild, and was missing PMI data from South Korea which experienced a slight PMI contraction. We would add our observation that this is typical given the typical post Lunar New output increases derived from the seasonality of spring and summer inventory order rates.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

Supply Chain Matters

JULY 25, 2022

Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension. The augmented inventory approaches, although troublesome and concerning, are a likely tactical manifestation of risk mitigation.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Matters

MARCH 3, 2022

This index complies a data set of 2 chosen variables for each of the economies of the Eurozone , China , Japan, South Korea , Taiwan, the United Kingdom and the United States. Of particular concern was the Inventory level index, which rose 9.1 A spillover index of Inventory Costs reached a reported all-time peak of 90.3. .

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Matters

OCTOBER 3, 2024

The S&P Global South Korea Manufacturing PMI® fell from 51.9 Finally, there is the Q4 holiday fulfillment quarter, with much of the inventory needs brought in earlier as a hedge to the U.S. The challenge will be to ensure that excessive inventory overhang does not occur as it did in prior years. in August to 48.3

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

NC State SCRC

SEPTEMBER 9, 2016

This challenge has been also impacted by the growing discontent on the part of retailers and customers who are unhappy with the trend towards larger slow-steaming ships, which leaves more inventory on the water for a longer period of time.

South Korea 40

South Korea Cargo Thailand Malaysia 40

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

Supply Chain Matters

AUGUST 3, 2023

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.”

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

Supply Chain Game Changer

FEBRUARY 27, 2019

Inventory Turnover Breakthrough … Go Back To The Basics! For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Subscribe Here! Email Address. Risks evolve and become more prevalent with time.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Supply Chain Management and Analytics

MARCH 29, 2020

This pandemic clearly showed that the global digital infrastructure and global apps have been instrumental in instant communication, business continuity as well as reducing COVID-19 spread in such countries as South Korea and Singapore. Our e-commerce client had full visibility of its current and inbound inventory.

Modeling 40

Modeling Optimal Sourcing Prescriptive Analytics Software Supply Chain Planning Software 40

Vinculum

JUNE 8, 2020

Apart from Ghana, many countries like China, Chile, Australia, Estonia, Malawi, Italy, Ireland, Singapore, South Korea, UK, and US are adapting this tech-trend to deal with the pandemic situation. Ghana becomes the first country in the world to deploy drone technology for COVID-19 tests, medical kits and medicine delivery.

Modeling Software 52

Modeling Software Demand Planning Software Optimization Software Predictive Analytics Software 52

Supply Chain Management and Analytics

MARCH 29, 2020

This pandemic clearly showed that the global digital infrastructure and global apps have been instrumental in instant communication, business continuity as well as reducing COVID-19 spread in such countries as South Korea and Singapore. Our e-commerce client had full visibility of its current and inbound inventory.

Modeling 40

Modeling Optimal Sourcing Prescriptive Analytics Software Supply Chain Planning Software 40

Supply Chain Matters

AUGUST 2, 2022

Samsung Electronics reported an over 21 percent rise in quarterly revenues for the South Korea based company, but the numbers reportedly ended a streak of three consecutive quarters of record revenue growth. Two noted bellwethers of consumer electronics and high-tech supply networks are Samsung Electronics and Apple.

Cost Reduction Strategies 52

Cost Reduction Strategies Supply Chain Planning Software Supply Chain Planning Price Reduction 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

6 River Systems

SEPTEMBER 17, 2019

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. Bed Bath & Beyond is also implementing inventory reduction strategies and is on track for a 5% reduction year-over-year by the end of the current fiscal year.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Logistics Network Optimization Software 45

Logistics Viewpoints

OCTOBER 27, 2023

In August, President Biden hosted the leaders of Japan and South Korea at Camp David, bringing the three countries together in a bid to further encourage collaboration and innovation. The shifting numbers could be seen at the Port of Los Angeles, where cargo volume increased for the second consecutive month compared to 2022.

South Korea 313

South Korea Logistics Network Optimization Software Los Angeles Supply Chain Planning Software 313