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Supply Chain Ethical and Compliance Issue- Volkswagen

Supply Chain Matters

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. Reportedly, the vast majority of detained goods were produced in either Malaysia, Vietnam or Thailand.

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Industry Supply Chain Implications to Slower Economic Growth Across China

Supply Chain Matters

According to reports by Bloomberg and The Wall Street Journal , the perceived weak Q2 number provides added evidence of muted retail sales, a degrading export market and a deepening property market slump. The recent Q2 GDP number is below the average 8 percent to 9 percent growth levels prior to the global pandemic. percent compared to 12.7

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Report- Hewlett Packard Modifying Global Sourcing Strategy

Supply Chain Matters

Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China de-risking sourcing actions. For those businesses located in the U.S., the strategies were exploring nearshoring of prior foreign production, diversifying supplier networks and adding additional contingency inventories.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

In its reporting highlighting November PMI reporting, The Wall Street Journal observed : “ Together, the surveys show that China’s economy is in need of more government help to avoid a pronounced year-end slowdown, economists say. However, new export orders reportedly fell, linked mostly to continued subdued global product demand conditions.

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Evidence That Manufacturers are Seeking Added Resiliency and Control of Supply Networks

Supply Chain Matters

Investment firm Pimco indicated that countries such as India, Vietnam and Malaysia would benefit from China Plus sourcing actions. The diversification, which some experts call multishoring, also reflects a stark new reality: The world is a far more complicated place to do business than it was a decade ago.”

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Transforming Global Supply Chains

Enterra Insights

Peck and Marino quote Wall Street Journal columnist Christopher Mims ( @mims ), who notes, “There’s no such thing as ‘the supply chain’ — there are only an infinitude of supply chains. McCrea reports, in response to the current situation, “some companies are procuring materials from more U.S.

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Considerations for China Plus Supply Chain Sourcing Actions

Supply Chain Matters

The alternative supply chain or “ Altasian” is defined as countries consisting of Japan, South Korea, Taiwan, India, the Philippines , Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia and Bangladesh.