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Preparing Your Supply Chain for 2023 – 4 Areas of Focus

Logility

We’ve already seen an example of this in late 2022, when the Biden administration acted to block the strike of thousands of railroad workers across the United States – an event that could have been catastrophic for U.S. Then we saw a glut of inventory hit the shelves in late summer when those bottlenecks were addressed.

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Build Resilient Supply Chains That Weather Disruptions 

Logility

Can the United States be far behind? This then provides new insights for faster decision-making, automated planning, and the elimination of time, inventory, and risk throughout your supply chain. For example, COVID restrictions in Asia shut down auto production because 70% of chip manufacturing happens in Taiwan and 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. . . United States. Similarly, raw material inventories are accumulating due to the sudden and unexpected drop in production volumes.”. . South Korea.

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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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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. United States. 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.

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Chinese New Year Shutdown 2020: How to Prepare

ShipBob

The Chinese New Year (abbreviated as CNY) in the United States is often nothing more than a blip on the radar. 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.

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Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

Optimism is reflected in United States , Eurozone and select Asia data and the traditional Lunar New Year holiday period does not appear to have dampened Asia based production levels for February. Indices reflecting manufacturing across the United States were generally positive. Federal Bank of New York.