article thumbnail

BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. You could ask, what if there was an earthquake in South Korea? In the BD supply chain, it is the procurement team that plays a key risk management role. Our procurement turnover is at 4%.

article thumbnail

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. . . South Korea. In the coming days we will scrutinize August global logistics, transportation and recognized volatility indicators to ascertain similar or contrasting indicators.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Forced Labour and Exploitation in Supply Chains

Savant Events

Australia, France, Switzerland, the USA (and individual states) and Mexico also have legislation in force, while the Netherlands, South Korea and New Zealand are among the countries with legislation either proposed or passed but yet to come into force.

article thumbnail

Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

In a subsequent blog post, we will highlight another breaking development, that being a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supply chain management transportation and logistics management teams.

article thumbnail

Tech OEMS battle it out in the semiconductor value chain

Resilinc

While reduced demand caused most of the decline, supply chain issues also figured prominently, with supply chain disruptions continuing to shift from “component shortages to logistics disruptions,” according to Gartner. But in the race to produce and sell smaller chips, analysts say Samsung lags global leader TSMC.

article thumbnail

September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

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.

article thumbnail

Samsung Electronics Q1 Financial Performance and Supply Chain Outlook

Supply Chain Matters

This week the South Korea headquartered company reported quarterly financial results for the March 31 ending first quarter. In response to persistent issues with raw materials and logistics, the Company plans to further optimize operations by establishing sales and supply pans further down in advance.