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Supply Chain Matters News Capsule Follow-up- February 13, 2023

Supply Chain Matters

In this update, we highlight General Motors announced deal with GlobalFoundries to secure semiconductor chip capacity, the building frustrations on the lack of progress in negotiations involving a new labor contract for U.S. Chips Act, to construct an additional chip fabrication plant in Malta, New York.

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New: Global Trade Map 2016

Supply Chain Movement

According to Aberdeen Research, “international shipments cost twice as much, take five times as long and have five times more variability than domestic shipments.” Best-in-class companies have strategically aligned their in-house practices with the relevant EU trade agreements they wish to make use of. Libyan Arab Jamahiriya.