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The 25% tariffs on Canadian and Mexican imports and 20% tariffs on Chinese goods are expected to increase production costs, disrupt logistics networks, and force companies to rethink supplychains. This includes: Increasing domestic supplychain investments, reducing dependence on cross-border components.
In this update, we share the latest developments from across Asia-Pacific, highlight the actions we’re taking to support your supplychain, and outline how we’re helping customers stay agile and resilient in today’s dynamic market environment. Across the region, available capacity remains sufficient for current demand.
You have a supplychain risk management strategy in place. This scenario played out for thousands of companies after the Japan earthquake, the Thailand floods and numerous other smaller scale disasters. The problem is most companies are relatively immature when it comes to SupplyChain Risk Management. Think again.
Supplychain disruption is a fact of life for every company that moves any type of product. Don’t expect to plan for every disruption; instead, develop a strategy to overcome supplychain disruption, regardless of the source. A resilient supplychain may be stretched to the max, but it doesn’t break.
If your company’s supplychain survived 2020 and the disruptions of early 2021, it’s safe to say it has passed the supplychain resiliency test. Supplychain disruption has many sources: tariffs and trade disputes, natural disasters, pandemics, economic uncertainty and cybersecurity attacks.
Once known as Siam, Thailand became a constitutional monarchy in 1932. Thailand is the only Southeast Asian country not colonized by a European power. Thailand borders the Andaman Sea and the Gulf of Thailand. Manufacturing in Thailand. SupplyChain Infrastructure for Manufacturing. of the workforce.
by John Westerveld Reason #5: Not having a supplychain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility.
This analysis focuses on four Southeast Asian economies: Singapore, Thailand, Indonesia and Malaysia. Disruption of cross-border supplychains. Production and supplychains shut down in China from February 2020, affecting cross-border logistics and e-commerce supplychains.
SupplyChain Disruptions: A Survival Guide. Do you feel supplychain risk management is too complicated to implement? This article will show you how one of the worlds leading companies put a theory into practice and survive many supplychain disruptions. 2011: Thailand Floods. Gather around!
Joe is Founder and CEO of The Logistics of Logistics , a media property that provides valuable insights from logistics and supplychain leaders on various topics related to the industry, such as innovation, technology, trends, and the future of freight. Additionally, he helped transportation and logistics companies grow their sales.
The success of your business links inextricably to the performance of your supplychain. you have to make your supplychain successful too. SupplyChain and Business Success By the Numbers Now for those statistics I mentioned. If you want business success (and who doesn’t?),
As a result, the focus for enterprises has moved from contending between them on conveying better quality products to reforming their respective supplychain networks. Effective supplychain design and management thereof allow companies to become leaner and more productive business operations in a stable climate.
SupplyChain Insights recently published a Metrics That Matter report covering both the Semiconductor and Hard Disk Drive (HDD) industries. Notice in the SupplyChain Insights report, there are only two HDD companies. – as information moves down the supplychain to the manufacturer. by CJ Wehlage.
These obstacles are recognizable in the supplychain context, where talent is increasingly difficult to find and retain, and companies are struggling to transition from their reliance on transactional systems and consulting companies. We launched SC Navigator last year to help supplychain teams master analytics quickly.
From the “long shot but worth a try” files, Bed Bath & Beyond is seeking tens of millions of dollars from container shipping lines, claiming the carriers willfully abandoned service commitments at the height of supply-chain turbulence to reap enormous profits from the market turmoil.
Are you looking to (re)design your APAC supplychain to keep up with growing e-commerce demand? Using the 2025 estimated population for China, India, Indonesia, Malaysia, and Thailand (approx. The “best” distribution network depends on your business strategy.
Here is the list: Supplychain technology implementations have reduced inventory. Companies should implement supplychain best practices. Companies that have focused on collaboration in the supplychain have built competitive advantage. Supplychain excellence matters. The reason?
In other Walmart news, the company is importing more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supplychain. companies to import more from countries including India, Thailand and Vietnam. million through the Food SupplyChain Guaranteed Loan Program.
I’m not talking about how shipping and logistics are key in keeping the supplychain connected during global health crises so we can keep essential supplies like medicine, food, and toilet paper moving. LogiSYM SupplyChain Magazine – March 2022. by Tim Foote, Founder of Susymbio.
The risk of disruption within global markets and trade routes is an ever-present threat, and businesses should take all necessary precautions to safeguard themselves by implementing supplychain software. The latest example of how data collection systems can help companies mitigate supplychain risks comes from Thailand.
In general, design considerations for warehouses in Thailand differ little from anywhere else in the world. For example, while not unique to this country, issues such as heat and high humidity must be allowed for in many aspects supplychain operation in Thailand, warehouse design included.
Derek Gittoes, a vice president of supplychain management product strategy at Oracle, said “this is very much an estimate. Oracle has set a target to achieve net zero emissions by 2050, and to halve their greenhouse gas emissions across their value chain by 2030.
“But in today’s connected, digital economy, visibility and transparency have never been easier to obtain — even across complex, global supplychains.”[1] This led to the development of an array of supplychain technologies — RFIDs, remote sensing, satellite monitoring, even blockchain-based tools.
Prior to joining Rock Solid, Joe led a supplychain consultancy, which focused on the automotive sector. Joe has successfully launched cars in China and Thailand. Joe shares his insights on his blog, “The Logistics of Logistics”, which is recognized as one of the top logistics and supplychain blogs.
Global SupplyChain & Sourcing Director for ECCO Global Shoe Production & Sourcing. We are pleased to bring back in 2021 our fire-side chat column with key people in the supplychain industry. In 2014, I was appointed Global SupplyChain role with ECCO Shoes and relocated back to Singapore.
Their key customers include MTN Group, Ooredoo Group, Zain Group, GoSoft Thailand (7Eleven), Ericsson, CSG APAC and Aliv Bahamas to name a few. They work with clients to accelerate and simplify digitization across the supplychain, increasing revenue, reducing costs, and improving market penetration. MORE FROM THIS EDITION.
Essential Skills for SupplyChain Leaders in Asia during Pandemic The Asian Institute of Management conducted a study across orgainsations in Asia to identify crucial skills and competencies required by supplychain managers and leaders in Asia. SupplyChain Competency: Focuses on core competencies to optimize operations.
In the tradition of David Letterman, (in no particular order) let’s hit the Top 10 SupplyChain Predictions for 2012. Supplychain risk will not go away. At the start of 2011, I wrote a blog (SupplyChain Risk and Charles Darwin) that highlighted 2010 as the worst on record for supplychain disruptions.
We are pleased to continue our 2021 series our fire-side chat column with key people in the supplychain industry. Katie describes herself as “ passionate about driving efficiency & innovation in SupplyChain through technology” – a quality that is very relevant to face-up to the many supplychain challenges in our path !
Avoid the pitfalls of single sourcing and learn strategies to build a more resilient supplychain. In the intricate web of modern supplychain management, efficiency often guides decision-making. Single sourcing and sole sourcing are two different procurement strategies in supplychain management.
Where Malawi sits 13 degrees south of the equator, Thailand sits 15 degrees north. Thailand is starting to shed its dependency on imported fossil fuels by switching to solar. Thailand is currently Asia’s second largest oil importer. It is currently generating up to 148,000 MWh of clean energy per year.
Through the supplychain. Modern slavery is one of the supplychain industry’s dirty little secrets, but thankfully, governments in the US and UK are attempting to wash it clean, working to put a stop to a problem that should never have been allowed to exist in the first place.
What’s even more unfortunate than the effect on my figure is that it’s about to get a whole lot more difficult to feed my addiction thanks to a lack of insight into supplychain risk. As the WSJ points out, there is a drastic over reliance on the Ivory Coast and Ghana when it comes to the global cocoa supplychain.
Are you considering a career in supplychain management? In this article, we will explore the wide range of salaries in supplychain management, from entry-level positions to executive roles for each region. Supplychain management is a rapidly growing industry. Curious about the salaries to expect?
Emerging SupplyChain Trends – A Look at Evolving Finished Vehicle Logistics Amid Market Shifts and Trends Feature Article by Laurent Sik , Head of Operations, CEVA FVL APAC Automobiles, as a form of transportation, are indispensable in today’s world and will remain a crucial part of our lives for a long time to come.
Joe Lynch is the host of The Logistics of Logistics podcast, where he interviews logistics and supplychain leaders. In addition to the podcast, Joe also works closely with supplychain companies (shippers) and 3PLs. Joe also led a supplychain consultancy, focused on the automotive sector. About Joe Lynch.
And we can draw some important lessons from this wonderful spectacle – including ones that are particularly relevant to supplychain leaders. And so it is in the supplychain world. Keep it simple is a hard-won lesson in the supplychain profession. Amazon’s supplychain is key to the company’s success.
The risk of disruption within global markets and trade routes is an ever-present threat, and businesses should take all necessary precautions to safeguard themselves by implementing supplychain software. The latest example of how data collection systems can help companies mitigate supplychain risks comes from Thailand.
Developing supplychain risk mitigation strategy can be a time consuming task. Knowing supplychain risks affect a firm’s capability to make supply meet demand, what should a firm do to mitigate these risks? Michael Gravier, Associate Professor, Bryant University Supplychains evolve—or at least they should.
Subscribe to SupplyChain Game Changer. The natural, and synthetic, rubber SupplyChain is another casualty of the Coronavirus pandemic. Such pervasive usage and demand, combined with the potential for supply impacts, makes it important for us all to understand the natural and synthetic rubber SupplyChain.
Companies are increasingly encouraged or propelled to include human rights, environmental and social considerations within global supplychains. Supplychains are increasingly complex and rely on numerous partners, making it difficult to control the impact supplychains have on people and the environment.
In today’s business environment, you can’t remain competitive without mastering supplychain analytics. PTT , Thailand’s largest oil and gas company, leveraged analytics for network optimization using an AIMMS App. Recognize that adopting supplychain analytics requires a culture change .
DHL SupplyChain commits EUR 218m to develop logistics infrastructure in China. The ‘last mile’ is a key piece of the supplychain that directly touches customers and has traditionally been fraught with manual paper-based processes. (WSJ – sub. ATA Truck Tonnage Index Increased 0.5% in October.
Subscribe to SupplyChain Game Changer. Challenges in the Cannabis SupplyChain! If you are ready to step to the next level and enter the industry which you have been passionate about, this is the best time for you to learn the supplychain of cannabis industry. Subscribe Here! Email Address.
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