article thumbnail

Supply chain shockwaves from the Taiwan earthquake

Resilinc

magnitude earthquake in Taiwan, as well as current port closures and supply chain challenges. magnitude earthquake struck Taiwan. The quake was the biggest earthquake to hit Taiwan in 25 years. Following the earthquake, tsunami warnings were sent out in Taiwan, Japan, and The Philippines, but have since been lifted.

Taiwan 96
article thumbnail

Today’s Major Earthquake Impacting Taiwan- Initial Implications

Supply Chain Matters

In this special Supply Chain Matters supply network risk advisory, we highlight the initial implications of today’s major earthquake that has impacted the island of Taiwan. magnitude earthquake that has impacted Taiwan. Today, such a scenario has again occurred, given the ongoing reports of a 7.4 All rights reserved.

Taiwan 59
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supply chain. Yet, within the pursuit of efficiency lies a lurking peril: single sourcing. The pandemic was a wake-up call to the dangers of single sourcing. What is single sourcing and sole sourcing?

article thumbnail

Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Ensuring that any approach is fully compliant in order to avoid having to relocate production or supply sources often takes up a lot of internal resources. Joint tariff payment is a better strategy for both partners when compared with looking for a totally new supplier or sourcing from a different country altogether.

article thumbnail

Peloton’s Supply Chain Strategy Turnabout

Supply Chain Matters

The company will henceforth outsource the manufacturing of its stationary exercise bikes and treadmills to a Taiwan based contract manufacturer. This has been especially the case over the last two plus years with the onset of the global-wide Covid-19 pandemic and with consequent and unprecedented supply and transportation network disruptions.

article thumbnail

Global PMI Levels in July Remain of Concern

Supply Chain Matters

The two special regions of concern are the Eurozone and Taiwan. Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Source: S&P Global and Other Sources. The data reinforces the warning signs of June and Q2, suggesting added contraction levels. from the 44.8

article thumbnail

July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The bottom three were listed as Poland , Taiwan and Myanmar. . The July S&P Global Taiwan Manufacturing PMI® was especially concerning, with indications of the sharpest falls in output and new orders in over two years. The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. United States.