Remove Inventory Remove North Korea Remove Transportation
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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.

Global 190
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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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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 According to the press release: The new Matternet M2 drone is completely autonomous [and] can transport up to 2 kilograms (4.4 Everything is back to normal. I’m rooting for love. Over 8,700 active WMS users.

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

NC State SCRC

Entire warehouses full of products, as well as significant links in the global supply chain could be affected, as well as transport and other nodes. South China will be exposed to hurricanes, and South Korea which is next North Korea (and the location of production of 50% of the world’s semiconductors) is in a precarious situation.

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Forced Labor in Seafood Supply Chains

EcoVadis

State Department responded to the media reports by blacklisting Thailand – essentially placing constraints on Thai trade similar to those placed on North Korea. The enabling variables span multiple tiers of the supply chain, including recruitment and transport subcontractors—many of which seafood buyers are unaware of.

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Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

North Korea : The more missiles North Korea launches and tests, the greater the risk for military conflict — or worse. In short, relations between the United States and North Korea have significantly degraded this past year and it doesn’t look like things are going to improve anytime soon.