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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.” appeared first on Logistics Viewpoints.

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Inventory planning to reduce Chinese New Year disruption

EazyStock

Chinese New Year shutdowns Every year factories in China (and other countries that celebrate the Lunar New Year, such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei) shut down so that their workers can celebrate Chinese New Year. In 2024, this will be from February 9-15.

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Inventory Planning to Reduce Chinese New Year Disruption

EazyStock

Every year factories in China (and other countries that celebrate the Lunar New Year such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei) shutdown so that their workers can celebrate Chinese New Year. Delayed shipping. Account for shipping backlogs. No contact.

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This Week in Logistics News (September 5-9, 2016)

Talking Logistics

The kids are back at school, we have air conditioning again, and North Korea tested a nuclear bomb yesterday. “If Moving on to the supply chain and logistics news that caught my attention this week… Mercedes-Benz and Matternet unveil vans that launch delivery drones (TechCrunch). I’m rooting for love.

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

GlobalTranz

Also, risks can range from working with entities outside of a given company, such as third-party logistics providers ( 3PLs ), to changes in the expected movements of a product, otherwise known as scope change risks. Another risk in today’s supply chains is directly related to workers, explains Supply Chain Dive.

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Global Trade Compliance is a Massive Undertaking for Big Shippers

Logistics Viewpoints

The US will, for example, prohibit companies from doing business with companies in North Korea. If GTS goes down, a high proportion of their shipments will not be shipped (some domestic shipments with uncritical products or customers do ship). GTS is a core application for this shipper.

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I Will Be Wrong Again: Supply Chain and Logistics Predictions for 2017

Talking Logistics

This is not only true for financial investments, but also for supply chain and logistics predictions. Like I said last year, making supply chain and logistics predictions is like throwing darts at a moving target: sometimes you get lucky and hit the mark; other times you miss the bullseye by a mile. Photo By: MAJ Aaron Haney.