article thumbnail

Selecting a Supply Chain Technology Provider is Harder than it Seems

The Logistics & Supply Chain Management Society

His academic achievements include the Genetics Prize from Liverpool University and The Rockefeller Scholarship from Oxford University, in which he was seconded to New York. Mark Yong has a Degree and Doctorate in Molecular Biology (Liverpool University and Oxford University, UK, respectively). Then he made a career change to shipping.

article thumbnail

Global Production Activity Levels Unchanged In May But Provide Added Warning Signs

Supply Chain Matters

The latter has been reinforced by the April GSPI Index from the New York Federal Reserve , and now, the reported May GEP Global Supply Chain Volatility Index which indicated that “ for the first time since June 2020, global chain capacity is now underutilized, indicating a shift to a buyers’ market.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Redesign to Improve Value: A Case Study of a Supply Chain Leader

Supply Chain Shaman

For example, we produce in Vietnam and China. Vietnam is a low-cost market to produce products. Our factory is efficient; yet, it costs us more to manufacture the product in Vietnam because of a lack of local raw materials – compared to manufacturing it in the US, shipping it, and paying duties on a landed basis.

article thumbnail

Smart Supply Chains Adapt to Overcome COVID-19 Challenges

Logistics Bureau

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. It is also airlifting parts from China to its Vietnam operations. The Food Industry.

article thumbnail

Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility

BlueYonder

A New York Times article from August 2019 highlights how much artificial intelligence (AI) is indebted to humans. Lucky are the companies that can shift production to other countries like Mexico or Vietnam. That is because lots and lots of people are needed to help an AI system learn so that it can eventually act on its own.

article thumbnail

Relatively Cautious Global Production and Supply Chain Indices for February 2022

Supply Chain Matters

A relatively new index is The Global Supply Chain Pressure Index (GSCPI) , developed by a group of researchers at the U.S. Federal Bank of New York. A country of continued optimism remains that of Vietnam , which has been the go-to country for businesses seeking to manage supply network risk exposure in China.

article thumbnail

Companies Get Serious About Climate Change

Enterra Insights

Katie Pyzyk ( @_PyintheSky ) reports a new study concludes, “Coastal flooding (at least once per year) will reach levels where 300 million people currently live, and more than 150 million people live in locations that could be permanently inundated by 2050.”[7] ”[7] Along U.S. What can companies do?

Company 113