Supply Chain Matters

NOVEMBER 23, 2022

South Korea based LG Chem announced this week a planned $3.2 Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. Announcement.

Automotive 52

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Logistics Bureau

MARCH 19, 2020

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. In the future, businesses will diversify their supply chains and source locally so they are not as dependent on one procurement source as they are now.

Pharmaceutical 64

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Supply Chain Matters

JULY 23, 2024

Background On July 9 th Supply Chain Matters alerted our readers to reports that production workers at Samsung Electronics had initiated a labor disruption strike action involving this company’s semiconductor production facilities in South Korea.

Electronics 52

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Supply Chain Matters

JULY 21, 2022

Samsung already has a presence in the area in what is described as the largest fab facility outside of the company’s South Korea corporate headquarters. Increased tensions among China and the U.S., the implications of the ongoing Ukraine conflict for national defense considerations, have prompted the U.S. has to do so as well.

South Korea 52

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Supply Chain Matters

JULY 2, 2024

Various industry supply chain and procurement management teams are obviously going to have to differentiate as to two different narratives presented in these separate reports. The June report commentary made special note for South Korea being viewed as the bellwether for exports of key industry supply network intermediate materials momentum.

Manufacturing Procurement 52

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Logistics Bureau

MARCH 3, 2020

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement. In South Korea , Hyundai announced the suspension of its production lines due to supply chain disruptions in China. Other Industries.

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Resilinc

JULY 26, 2022

Previously acquiring these components from global semiconductor suppliers, Samsung now has more domestic options because “more suppliers in South Korea have now emerged with the rising demand for memory chips,” according to SamMobile’s Mihai Matei. While reporting 76% YOY growth in profit and 43.5%

Manufacturing Procurement 62

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Supply Chain Matters

FEBRUARY 28, 2024

market entry to that of Japanese automakers on the 1970’s and South Korea based makers in the 1990’s. This political dimension cannot be ignored by industry sourcing and procurement leaders and is increasingly ever more consequential as domestic industrial policies spillover into industry consequences.

Mexico 52

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Supply Chain Matters

FEBRUARY 5, 2024

Renewed Expansion in South Korea The S&P Global South Korea Manufacturing PMI® was headlined with a reported renewed expansion in the country’s manufacturing sector at the start of 2024. The South Korea Customs Office indicated that export increases in memory chips and semiconductors have driven the rise in exports.

Manufacturing Procurement 52

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Supply Chain Matters

SEPTEMBER 4, 2024

Solid growth levels were once again reported for India, along with positive growth indicators for the United Kingdom and South Korea. manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. United States The two followed indices of U.S.

Manufacturing Procurement 52

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Supply Chain Matters

JANUARY 25, 2023

A follow-on report by Bloomberg indicated that deals were potentially in progress involving China based BYD , and South Korea based Hyundai Motors , in addition to Tesla. That report cautioned that a deal had not been signed and could not come to pass.

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Supply Chain Game Changer

FEBRUARY 27, 2019

For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Procurement departments must take the full burden of ensuring supplier consistency. riskmanagement #supplychainmanagement #procurement #distributionlogistics.

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Supply Chain Matters

OCTOBER 4, 2022

South Korea. We continue to make mention of the S&P Global South Korea Manufacturing PMI® which continues to reflect a theme of a quickened downturn in the country’s manufacturing sector. The September PMI value fell deeper into contraction at a reported value of 47.3, slipping 0.3 percentage points from July’s value.

Manufacturing Procurement 52

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Supply Chain Matters

APRIL 8, 2024

Investment Regarding Nvidia , South Korea based SK Hynix announced last week plans to invest upwards of $3.9 In July of 2022, Samsung announced significant plans to invest in U.S. based semiconductor production that included upwards of 11 fabrication facilities. SK Hynix U.S.

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Supply Chain Matters

NOVEMBER 9, 2022

Secretary of Commerce , Gina Raimondo, indicated that South Korea , Japan and members of the European Union are each considering hefty subsidies to ensure stable supplies of semiconductor devices and that the U.S. In June, U.S. has to do so as well.

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Supply Chain Matters

AUGUST 11, 2023

South Korea recently announced plans to foster the globe’s largest concentration of semiconductor supply network capabilities over the coming two decades. based fabrication capabilities. Likewise, Japan has been addressing added domestic investments in advanced semiconductor materials and components.

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Supply Chain Matters

APRIL 28, 2022

This week the South Korea headquartered company reported quarterly financial results for the March 31 ending first quarter. Performance reportedly topped equity analyst expectations while posting a record consolidated revenue for the third consecutive quarter.

Electronics 52

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Savant Events

FEBRUARY 14, 2024

Australia, France, Switzerland, the USA (and individual states) and Mexico also have legislation in force, while the Netherlands, South Korea and New Zealand are among the countries with legislation either proposed or passed but yet to come into force.

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Supply Chain Matters

FEBRUARY 5, 2024

Financial Performance South Korea based key supplier of high tech and smartphone semiconductor and memory devices, Samsung Electronics, reported disappointing Q4 and 2023 full year financial performance results.

Electronics 52

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Supply Chain Matters

MARCH 7, 2023

The alternative supply chain or “ Altasian” is defined as countries consisting of Japan, South Korea, Taiwan, India, the Philippines , Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia and Bangladesh.

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Supply Chain Matters

AUGUST 10, 2023

Bloomberg pointed to exports to markets including Australia , Brazil , Japan , Taiwan and South Korea declining by double-digit percentages as well. The Wall Street Journal indicated that China ’s exports to the EU and to the Association of Southeast Asia Nations (ASEAN) each dropped by 21 percent.

China 52

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Supply Chain Matters

OCTOBER 3, 2024

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. The S&P Global South Korea Manufacturing PMI® fell from 51.9 United States The two followed indices of U.S. Manufacturing PMI® again reported similar contractionary production levels in September.

Manufacturing Procurement 52

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Supply Chain Matters

AUGUST 2, 2022

Samsung Electronics reported an over 21 percent rise in quarterly revenues for the South Korea based company, but the numbers reportedly ended a streak of three consecutive quarters of record revenue growth. Two noted bellwethers of consumer electronics and high-tech supply networks are Samsung Electronics and Apple.

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Supply Chain Matters

MARCH 3, 2022

This index complies a data set of 2 chosen variables for each of the economies of the Eurozone , China , Japan, South Korea , Taiwan, the United Kingdom and the United States. 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.

Manufacturing Procurement 52

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Supply Chain Matters

MARCH 5, 2024

However, the published index indicated expansion level was rather mild, and was missing PMI data from South Korea which experienced a slight PMI contraction. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February.

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Supply Chain Matters

AUGUST 3, 2023

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Report authors noted that sector data of new orders indicated that contraction occurred across consumer, intermediate and investment goods industries.

Manufacturing Procurement 52

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Supply Chain Matters

JULY 25, 2022

In a recently completed tour of East Asia that included visits to Japan and South Korea , Yellen has advocated the concept of “ friend shoring ,” defined as the deepening of relationships and diversifying industry supply chains with “ trusted partners.” Treasury Secretary Janet Yellen.

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Supply Chain Matters

MARCH 3, 2023

A follow-on report by Bloomberg indicated that deals were potentially in progress involving China based BYD , and South Korea based Hyundai Motors , in addition to Tesla. Reports cautioned that a deal had not been signed and could not come to pass.

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My Office Apps

MARCH 17, 2020

While China, Italy, Japan and South Korea are on lock-down, the same thing is happening at large and small companies in the states. Laundry Between Emails: Making the Most of the Coronavirus Pandemic. The Coronavirus is putting remote work to a gigantic test, and at a totally unprecedented scale.

Modeling Software 81

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6 River Systems

SEPTEMBER 17, 2019

In 2018, iHerb opened its first international 3PL distribution center in South Korea, the first in the country since its laws changed to allow foreign ecommerce companies. The organizations’ fulfillment networks in the U.S. PST will ship the same day.

Supply Chain Design Software 45

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Logistics Viewpoints

SEPTEMBER 7, 2022

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. You could ask, what if there was an earthquake in South Korea? In the BD supply chain, it is the procurement team that plays a key risk management role. Our procurement turnover is at 4%.

Supply Chain Visibility 264

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My Office Apps

MARCH 17, 2020

While China, Italy, Japan and South Korea are on lock-down, the same thing is happening at large and small companies in the states. Laundry Between Emails: Making the Most of the Coronavirus Pandemic. The Coronavirus is putting remote work to a gigantic test, and at a totally unprecedented scale.

Modeling Software 52

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ivalua

MAY 7, 2020

Large trading partners included China, the United States, Australia, and South Korea. Shortly before the Covid-19 crisis swept through Europe and North America, Forrester Consulting surveyed finance and procurement leaders at over 400 organizations to evaluate the need for effective procurement management.

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CH Robinson Transportfolio

AUGUST 14, 2019

In fact, JOC.com sites many Southeast Asia countries—including India, South Korea, Taiwan, Thailand, and Indonesia—have significantly grown their imports into the United States, anywhere from 13-37% compared to last year. Procure enough capacity. And, total imports on trade were up 1.4% during this period.

Forecasting 34

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Resilinc

JANUARY 23, 2024

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. In this Q&A, Tom shares insightful stories from his over 20 years in procurement and tells us what should be top of mind for supply chain managers in 2024.

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Supply Chain Matters

OCTOBER 19, 2022

The news of this policy change caused Asian stocks of semiconductor providers to fall, initially wiping out a reported $240 billion in global market value, especially as industry participants perceived that the measures could also impact chip providers beyond China including Japan , South Korea and Taiwan based companies.

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Supply Chain Matters

AUGUST 9, 2022

Yet, this legislation is not unique from a global perspective in that many other countries and regions including China, Taiwan, South Korea, Japan the Eurozone , are already spending billions on such incentives.

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