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Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

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People and Halal Supply Chains

The Logistics & Supply Chain Management Society

Muslim (majority) countries in Asia (such as Brunei, Indonesia, and Malaysia) and several countries in the Middle East are moving to stage 3: the halal supply chain. A halal value chain approach to halal is about the halal DNA of a company, which includes human resource management (HRM).

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

In extreme cases, firms simply state that a product comes from one country when, in actual fact, it was manufactured in a country that is impacted by the higher tariff being imposed. Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources.

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Resilience and Agility in Supply Chains: Navigating Change in a Dynamic World

The Logistics & Supply Chain Management Society

The scarcity of skilled professionals in areas such as logistics, procurement, and data analytics can hinder the ability to effectively manage and optimize supply chains. By automating processes, organizations can streamline operations, reduce manual errors, and allocate resources more effectively.

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Sector collaboration on sustainability accelerates, as a sixth industry creates an initiative with EcoVadis

EcoVadis

EcoVadis was recently chosen as an independent third-party solution provider for the new “ Responsible Beauty Initiative ,” which is a procurement initiative created by four European leaders in the cosmetics industry (Clarins, Coty, Groupe Rocher and L’Oréal) as well as all of their suppliers.

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“Too Big to Fail”: 10 Things you Need to Know About El Niño

Elementum

That’s good news for agriculture and manufacturing in the state, two industries that rely heavily on almost nonexistent water. A shorter monsoon season in Indonesia, the Philippines, and Malaysia will help miners procure more materials, used heavily in the electronics industry. The Southern U.S.

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

Supply Chain Matters

Supply Chain Matters highlights for readers a published report noting how various manufacturers are seeking and establishing added resiliency and control of component and production networks. Bloomberg reported in November 2022 that shipments of motor vehicles, computer parts and boats, manufactured in Mexico and destined for U.S.