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Mitigating Geopolitical Risks in the Supply Chain, Part One

Enterra Insights

” • Notorious North Korea. Interestingly, Kupchan and Bremmer didn’t include North Korea as one of their trouble-spots for this coming year. Journalist Jean Mackenzie reports, “[North Korea] fired more missiles than ever before in a single year.

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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.

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Procurement Can Prepare for  Supply Chain Risk

ivalua

Office of Foreign Assets Control (OFAC) after their suppliers used third party vendors in North Korea, falling foul of North Korea Sanctions Regulations. In January 2019, e.l.f. cosmetics had to pay a $1 million fine to the U.S.

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COVID-19 By The Numbers. My Takeaway For Supply Chain Leaders

Supply Chain Shaman

While many might fixate on the size of the impact on the United States, what is important to me in this chart is the conspicuous absence of China, North Korea, and Japan. While Asian markets are struggling with the shifts in demand in Europe and North America, they have relative stability in their home markets.

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Made in “I Really Don’t Know”

Talking Logistics

As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” We do not approve or authorise any production of Rip Curl products out of North Korea.”

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Doing Business in South Korea

QAD

South Korea is in eastern Asia in the southern half of the Korean Peninsula. It is bordered by North Korea, 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.

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. There can be big fines for noncompliance with trade regulations. This action was brought by the Office of Foreign Assets Control which is an enforcement agency of the U.S.

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