article thumbnail

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.

article thumbnail

Additional Investment in US Based Automotive EV Supply Networks

Supply Chain Matters

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. South Korea based LG Chem announced this week a planned $3.2 Announcement. and other global regions. That further adds to fulfilling U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Breaking Industry Supply Chain News from Tesla

Supply Chain Matters

In a subsequent blog post, we will highlight another breaking development, that being a significant joint announcement from global shipping lines Maersk and MSC that should garner the interest to supply chain management transportation and logistics management teams.

article thumbnail

August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . . South Korea. In the coming days we will scrutinize August global logistics, transportation and recognized volatility indicators to ascertain similar or contrasting indicators.

article thumbnail

September and Q3 2022 Global Manufacturing Indices Enter Contraction Trending

Supply Chain Matters

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.

article thumbnail

Samsung Electronics Q1 Financial Performance and Supply Chain Outlook

Supply Chain Matters

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. All rights reserved. .

article thumbnail

Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs. During the drought, 32 vessels will be permitted to cross, down from 36 usually. The ACP also implemented “Condition 3” until September 2, 2023.

Panama 62