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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. This is now impacting the Suez Canal and causing ships to reroute.

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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. But even here, Mr. Barraco explains, there is a difference between accidentally shipping goods to bad actors and “intentional violators.” Treasury Department.

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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. Shipping delays. For some Americans, the holiday comes and goes without them even noticing.

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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.

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Inventory Planning to Reduce Chinese New Year Disruption

EazyStock

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) shutdown so that their workers can celebrate Chinese New Year. Delayed shipping. Account for shipping backlogs. No contact.

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Forced Labor in Seafood Supply Chains

EcoVadis

State Department responded to the media reports by blacklisting Thailand – essentially placing constraints on Thai trade similar to those placed on North Korea. The revelations forced the U.S. Implications for the Seafood Sector.

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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.