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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

Tom: We always have to keep an eye on North Korea. I lived in Seoul, Korea, for almost four years. Even back in 2008, North Korea was shooting missiles into the Sea of Japan, and that has not really changed. In the world of supply chain, managers must constantly optimize. Then, everything else becomes inventory.

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Jason Miller Blog 2: Will Intel’s investments make a dent in our dependence on foreign semiconductors?

NC State SCRC

In particular, with the majority of global production coming out of Taiwan (TSMC) and Korea (Samsung), the geopolitical risks of China and North Korea in these regions is no small worry. From the 2017 Economic Census Jason pulled data on industry concentration in semiconductor manufacturing. We will need to be patient.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. What’s in the Inflation Reduction Act’s New Clean Vehicle Credit?

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Chinese New Year Shutdown 2020: How to Prepare

ShipBob

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Consider other manufacturing locations. Some manufacturers will have operations in several different countries.

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Supply Chain and Logistics Resolutions for 2017: 4 Things to STOP Doing This Year

Talking Logistics

As I highlighted recently in “ Your Supply Chain Strategy is Your Business Plan (Unless It’s Not) ,” the people who really need stop viewing logistics as a cost center are not the people in the front lines of supply chain and logistics (they already know it), but the CEOs and CFOs at manufacturing and retail companies.

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In Chains: How to Approach Human Trafficking in your Supply Chain

Elementum

California has its own Transparency in Supply Chains Act, which requires that “retail sellers and manufacturers doing business in the state… disclose their efforts to eradicate slavery and human trafficking from their direct Supply Chains”. As manufacturers, we can decide just how long the path will be.

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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.