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Global Supply Chains in Flux as U.S. Tariffs on Canada, Mexico, and China Take Effect

Logistics Viewpoints

auto parts are sourced from Mexico, making the tariff impact immediate and severe. Major tech firms are shifting chip production to Taiwan, South Korea, and Southeast Asia to reduce dependence on China. Approximately 40% of U.S. Vehicle production costs in the U.S. Conclusion: A New Reality for Global Trade?

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This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. The USDA has estimated that 30 percent of food loss occurs during agricultural production and harvest.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Dealing with the Shipping Container Crisis.

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Doing Business in Japan

QAD

Though, as the country has relied less on nuclear energy and imported fuels, thermal power has become the country’s largest energy source. Japan is also enabling alternative power sources that should help the manufacturing sector. As befits an island nation, transportation in Japan is robust across all modalities. About 2.9%

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How COVID-19 is Battering Australia’s Imports and Exports

Logistics Bureau

South Korea, $28.7 Source Australian Bureau of Statistics. Refined petroleum: Australia sources most of its refined petroleum products from Singapore, which, with 138+ confirmed cases, is also in the COVID-19 firing line. Top Five Trading Partners and Value (in AUD) of Imports to Australia in 2019. China, $ 71.3

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What Retailers are Saying About Tariffs - Part 6

Cathy Roberson

Reported May 29 As we continue to navigate tariffs, we're implementing various mitigation strategies, including partnering with our sourcing vendors to reduce costs. This is the result of vendors using production capabilities in multiple countries and leveraging their ability to flex sourcing options as the environment evolves.

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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.