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What Supply Chain Risks Must Supply Chain Execs Keep Top of Mind?

GlobalTranz

Failure to do so would result in extreme inaccuracies in inventory management and additional delays throughout shipping processes. Fortunately, supply chain execs can overcome and successfully mitigate this risk by implementing robust analytics technologies to provide better inventory management and overall supply chain management.

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Made in “I Really Don’t Know”

Talking Logistics

As first reported by Fairfax Media , a factory in North Korea has been making high-priced surf and snow gear for Australian surfwear company Rip Curl since at least 2014, with the garments labeled “Made in China.” We do not approve or authorise any production of Rip Curl products out of North Korea.”

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. Companies who have experienced these delays often add inventory across their network to buffer the risk. There can be big fines for noncompliance with trade regulations.

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Chinese New Year Shutdown 2020: How to Prepare

ShipBob

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. Get prepared for the year of the rat with the best kind of red envelope, keeping your business in stock of inventory!

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This Week in Logistics News (September 5-9, 2016)

Talking Logistics

The kids are back at school, we have air conditioning again, and North Korea tested a nuclear bomb yesterday. “If Here are some details from Oracle’s press materials: LogFire’s built-for-the-cloud solution provides an integrated warehouse, inventory and workforce management platform. Everything is back to normal.

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Harvey’s Impact on the Global Supply Chain: The Role of Analytics

NC State SCRC

In addition, the MRP planning system will continue to pull in the other 99 positions on the BOM for this part – and for these 99 parts the inventory would start to pile up in the warehouse and tie up cash flow, because the product could not be produced without the single critical part from the impacted supplier.

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Economic Aspects of Supply Chains

American Global Logistics

Other geopolitical risks, such as tensions between Russia and Ukraine, along with unpredictable regimes in Iran and North Korea, have the potential to disrupt global supply chains as well. Brexit fallout, characterized by additional red tape, dislocated labor markets, and anemic trade growth, continues to affect supply chains 4.