Supply Chain Matters

OCTOBER 4, 2022

South Korea. We continue to make mention of the S&P Global South Korea Manufacturing PMI® which continues to reflect a theme of a quickened downturn in the country’s manufacturing sector. The September PMI value fell deeper into contraction at a reported value of 47.3, slipping 0.3 percentage points from July’s value.

Manufacturing Procurement 52

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Supply Chain Matters

AUGUST 3, 2023

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Source: S&P Global and Other Sources. Report authors noted that sector data of new orders indicated that contraction occurred across consumer, intermediate and investment goods industries.

Manufacturing Procurement 52

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Logistics Bureau

MARCH 19, 2020

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. In the future, businesses will diversify their supply chains and source locally so they are not as dependent on one procurement source as they are now.

Pharmaceutical 52

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Logistics Bureau

MARCH 3, 2020

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Procurement. A Logistics Lesson to Learn – Or Relearn. Other Industries.

Manufacturing Procurement 59

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Supply Chain Matters

AUGUST 2, 2022

Services revenues associated with the offering of logistics and order fulfillment services to third-party sellers reportedly rose 9 percent in the quarter. The company’s mobile division that includes smartphones reportedly experienced higher revenues fueled by sales of premium models but were impacted by rising material and logistics costs.

Cost Reduction Strategies 52

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Supply Chain Matters

MARCH 3, 2022

Global wide production, transportation and logistics activity levels reported for February, but continued rather concerning data related to global transportation service levels and cost. Commentary related to January’s PMI and logistics data can be accessed at this web link. Global Wide Production Activity.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Matters

MARCH 3, 2023

A follow-on report by Bloomberg indicated that deals were potentially in progress involving China based BYD , and South Korea based Hyundai Motors , in addition to Tesla. Reports cautioned that a deal had not been signed and could not come to pass.

Supply Chain Planning 52

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Supply Chain Game Changer

FEBRUARY 27, 2019

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. Source raw materials from reclamation centers where possible. Procurement departments must take the full burden of ensuring supplier consistency.

Supply Chain Planning Software 57

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Supply Chain Matters

MARCH 7, 2023

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. billion in population will be the linchpin of an alternative sourced Asian supply network. All rights reserved.

Sourcing Strategies 52

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ToolsGroup

APRIL 1, 2022

Material Handling & Logistics ). Material Handling & Logistics ). 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. How the Supply Chain Crisis is Impacting Businesses and Consumers.

Material Savings 207

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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 view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks.

Manufacturing Procurement 59

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6 River Systems

SEPTEMBER 17, 2019

The world of supply chain and logistics is changing every day. Each one is featured as having done something unique to reinvent their supply chain and logistics. Coyote Logistics @CoyoteLogistics Coyote Logistics prides itself on its innovative logistics and supply chain philosophy.

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