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The kids are back at school, we have air conditioning again, and NorthKorea tested a nuclear bomb yesterday. “If Moving on to the supplychain and logistics news that caught my attention this week… Mercedes-Benz and Matternet unveil vans that launch delivery drones (TechCrunch). Everything is back to normal.
Three years ago, I wrote a popular post highlighting “ 5 New Year’s Resolutions for SupplyChain and Logistics Executives.” Stop viewing technology as a silver bullet. For related commentary, see “ There’s No Silver Bullet for SupplyChain Visibility ” and “ Forget Innovation, Just Execute Better ”.
South Korea is in eastern Asia in the southern half of the Korean Peninsula. It is bordered by NorthKorea, the Sea of Japan and the Yellow Sea. Although it has been an independent kingdom for much of its history, the 20 th and 21 st centuries were tumultuous for South Korea. Manufacturing in South Korea.
In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, NorthKorea, 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.
The process of identifying and penalizing human traffickers in a supplychain is exhaustive and at this point a comprehensive solution seems nearly impossible. It’s easy for these suppliers to turn a blind eye to any illegal activity, so information about employment doesn’t always make it to the top of the supplychain.
Accomplished procurement veteran and author Tom Linton provides valuable insights into the supplychain risk management landscape in 2024 in this exclusive Q&A. As we move into the new year, there are many questions on our minds about the future of the supplychain. Tom: We always have to keep an eye on NorthKorea.
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?
Supplychain risk managers often feel like long-tailed cats in a room full of rocking chairs — everywhere they look a new risk appears. ”[1] Mike Rosenberg, a professor at the Iese Business School in Spain, insists understanding geopolitical risks is essential for supplychain managers. China trade war.”[4]
I will be wrong again,” I stated last year before making my supplychain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supplychain and logistics operations becoming new targets.
When Russia invaded Ukraine, I knew there would be impacts on global supplychains. But supplychain impacts like the rising cost of gas, or the inability of a train to cross Siberia to bring goods from China to Europe, or the increased congestion this would cause at China ports, was not the supplychain impact I feared most.
Here’s a few of the random thoughts that went through my head, (albeit from a supplychain guy’s point of view). Trump emphasized the growth of manufacturing in the economy. So will there really be 200,000 manufacturing jobs? But it also made me wonder – what kind of jobs are these going to create?
This is not only true for financial investments, but also for supplychain and logistics predictions. Like I said last year, making supplychain 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.
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