Logistics Bureau

MARCH 9, 2020

The effects include: Severe disruption to shipping, with many Chinese ports operating at drastically reduced capacity and around 200 sailings cancelled. South Korea, $28.7 Unpredictable levels of domestic and international shipping capacity. A dip in demand for iron and coal, as factories in China fall idle. China, $ 71.3

Australia 80

Australia South Korea United Kingdom Japan 80

EMERGE App

DECEMBER 18, 2018

Shipping costs are also expected to spike upwards. It raised its prowess from running mere factories to one that offered a complete value chain: from research and development to shipping and fulfillment. Drop Shipping Will Face a Decline. Hikes in tariffs and shipping rates will erase whatever profit margin they had in mind.

Distribution 74

Distribution Trends Manufacturing Procurement Supply Chain Design Software 74

Resilinc

AUGUST 30, 2023

Two weeks ago, 160 ships were stuck waiting to pass through the canal, carrying everything from auto parts, Barbie dolls, and diabetes test kits, according to Reuters. Some ships were delayed by as much as 21 days. 55 to 125 million gallons per ship, depending on size—to move ships through the canal.

Panama 62

Panama Modeling Supply Chain Planning Software Supply Chain Optimization 62

Aera Technology

NOVEMBER 22, 2016

Meanwhile, pharma companies are still trying to iron out distribution and inventory complexities that cause another $25 billion in excess inventory – in a nutshell, the new drugs are complex proteins and if they’re not properly handled every step of the way to market, they’ll go bad!

Pharmaceutical 53

Pharmaceutical Supply Chain Software Supply Chain Optimization South Korea 53

Supply Chain Matters

JULY 2, 2024

Of particular note was commentary relative to supplier delivery times in June: “ Suppliers’ delivery times lengthened for the first time in five months amid issues with shipping, port congestion and staff shortages at vendors. These trends are somewhat similar to the immediate post-pandemic period when global shipping disruptions cascaded.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global Optimal Sourcing 52

Supply Chain Movement

JUNE 30, 2015

That leads to extra inventory and extra costs and hence necessitates a substantial level of turnover in order to be financially feasible. In 2012 the company decided to seriously push for success in the Chinese, Japanese and South Korean markets. Regional DC. Bugaboo opted for that solution. Notion of quality.

China 60

China Distribution Inventory Reduction DC 60

BlueYonder

FEBRUARY 25, 2021

Toyota Motor has recently shut down production lines due to semiconductor chip shortages in China, GM has closed plants in North America and cut production activities in South Korea, and Volkswagen is anticipating issues in 2021 in its factories located in China, Europe, and the United States.

Inventory Reduction 65

Inventory Reduction Sourcing Strategies Supply Chain Strategy Modeling 65

Supply Chain Matters

SEPTEMBER 4, 2024

Solid growth levels were once again reported for India, along with positive growth indicators for the United Kingdom and South Korea. The S&P Global South Korea Manufacturing PMI® registered a value of 51.9 The challenge will be ensuring that excessive inventory overhang does not occur as it did in prior years.

Manufacturing Procurement 52

Manufacturing Procurement Manufacturing Global South Korea 52

Resilinc

JULY 26, 2022

Among top PC makers, only Apple showed growth in unit sales, shipping 9.3% Previously acquiring these components from global semiconductor suppliers, Samsung now has more domestic options because “more suppliers in South Korea have now emerged with the rising demand for memory chips,” according to SamMobile’s Mihai Matei.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

CH Robinson Transportfolio

MARCH 14, 2020

and globally, staying close to our contract carriers and discussing continuity plans in the event shipping trajectories need to be adjusted due to disruptions or closures at any ports. Given this continued volatility, global importers are eager to restock their inventory. Assessment of inventory levels. specifically China.

Supply Chain Planning 44

Supply Chain Planning Scenario Planning South Korea Manufacturing Procurement 44

Logistics Bureau

MARCH 3, 2020

Containers are piling up in ports, international shipping has been hammered, Western companies are battling to source products from traditional suppliers, and disruptions are being experienced throughout the global supply chain. COVID-19 Impact on Shipping. And, according to some analysts, things could get worse—a whole lot worse!

Manufacturing Procurement 59

Manufacturing Procurement Global Supply Chain Software Supply Chain 59

NC State SCRC

SEPTEMBER 9, 2016

The recent bankruptcy announcement of Hanjin, a major shipping line, on the Friday before the last Labor Day long weekend, was a shock to everyone working in the global logistics shipping industry. Some of the ships have even been seized by creditors! ordered Hanjin to keep vessels in the U.S.

South Korea 40

South Korea Cargo Thailand Indonesia 40

Logistics Bureau

MARCH 19, 2020

The US auto industry is expected to follow suit as stockpiled inventory becomes depleted. Examples are: Samsung Electronics , which is shifting part of its domestic phone production to Vietnam due to the rapid advance of COVID-19 in South Korea. It is also airlifting parts from China to its Vietnam operations.

Pharmaceutical 53

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 53

Supply Chain Matters

MARCH 3, 2022

This index complies a data set of 2 chosen variables for each of the economies of the Eurozone , China , Japan, South Korea , Taiwan, the United Kingdom and the United States. The World Container Index , assessed by Drewy Consultants, is a compilation of eight major shipping routes to and from the United States , Europe and Asia.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 52

Supply Chain Game Changer

FEBRUARY 27, 2019

Inventory Turnover Breakthrough … Go Back To The Basics! For instance, the bankruptcy of South Korea’s 7th largest shipping company (Hanjin Shipping) led to a dramatic reduction in global supply chain shipping capacity. Subscribe Here! Email Address. What to Do About It. What to Do About It.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Supply Chain Matters

JULY 25, 2022

Previous global materials sourcing and just-in-time driven inventory management policies were laid bear with the realization that supply risk was a more problematic and business critical dimension. The augmented inventory approaches, although troublesome and concerning, are a likely tactical manifestation of risk mitigation.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

ThroughPut

MARCH 30, 2020

South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. Walmart and FedEx can keep shipping, as long as we can keep producing. Every additional ventilator that can be manufactured and shipped to someone sick in the world.

Manufacturing Procurement 14

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 14

Locus

MARCH 28, 2022

South Korea’s beauty retailer Style Nanda has been leveraging this tactic. In fact, in a consumer survey conducted by PwC, 41% of consumers are even ready to pay premium shipping rates for fast delivery services. Hence, labour and last-mile shipping costs are significantly reduced, which enable fast order delivery.

Retail 52

Retail Cost Reduction Strategies Price Reduction Inventory Reduction 52

6 River Systems

SEPTEMBER 17, 2019

In higher-traffic markets, Advance Auto Parts has “hub” stores that keep more inventory in-stock to give customers what they need when they need it. The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. In early 2013, Belk launched a vendor-direct program.

Supply Chain Design Software 45

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Inventory Reduction 45

ThroughPut

MARCH 30, 2020

South Korea has reported the lowest number of new cases in 4 weeks , leading the way on the containment execution roadmap. Walmart and FedEx can keep shipping, as long as we can keep producing. Every additional ventilator that can be manufactured and shipped to someone sick in the world.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Design Software Supply Chain Planning Software Demand Planning Software 52

EazyStock

AUGUST 8, 2023

Smart inventory managers plan for Chinese New Year (aka Lunar New Year) many months before the event. During this time, production across China will stop, and shipping will be delayed. The post Inventory planning to reduce Chinese New Year disruption appeared first on EazyStock. In 2024, this will be from February 9-15.

Inventory Reduction 52

Inventory Reduction Resource Reduction Forecasting Scenario Planning 52

EazyStock

DECEMBER 8, 2021

Chinese New Year (aka Lunar New Year) might seem like a long way off, but smart inventory managers will be starting to plan for this event very soon. In 2022 this will be from January 31 until February 6, and during this time production across China will stop and shipping will be delayed. Delayed shipping. No contact.

Inventory Reduction 52

Inventory Reduction Resource Reduction Forecasting Scenario Planning 52

Logistics Viewpoints

OCTOBER 27, 2023

A notable achievement at the port is the electrification of 89 out of 91 ship-to-shore and rail-mounted gantry cranes. In August, President Biden hosted the leaders of Japan and South Korea at Camp David, bringing the three countries together in a bid to further encourage collaboration and innovation.

South Korea 241

South Korea Logistics Network Optimization Software Los Angeles Supply Chain Planning Software 241

Vinculum

MAY 20, 2021

Compared to Japan’s 18%, South Korea’s 25%, and Malaysia’s 40%, this percentage almost doubles. Whatever shipping method you choose, you will grow your business by targeting the Singapore market. Shipping to Singapore. You must understand the import laws before you start shipping to Singapore.

Singapore 52

Singapore Malaysia South Korea How To 52

EMERGE App

DECEMBER 14, 2018

In Japan and South Korea, it’s the LINE messaging app. And for Europe and South-East Asia, it’s definitely WhatsApp. Inventory management software such as EMERGE App allows you to use as many currencies as you need in your business. Use barcode technology to dispatch your products before shipping them out.

Optimal Sourcing 45

Optimal Sourcing Currency Purchasing Skills Negotiate Pricing 45

6 River Systems

JULY 29, 2020

A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. Nippon Yusen (NYK) Nippon Yusen is a Japanese shipping company that is part of the Mitsubishi group of companies (keiretsu). billion (2019) Headquarters: Seoul, South Korea CEO: Keun-Hee Park 11.

Warehousing 111

Warehousing 3PL Company Third Party Logistics 111

EMERGE App

DECEMBER 31, 2018

If you’re still not convinced about using inventory management software , then perhaps the benefits might sway you over. South-East Asian nations such as Malaysia, Vietnam, and the Philippines are ready with substitutes or alternative suppliers. Historically low shipping rates are slowing creeping back up.

Inventory Management Software 60

Inventory Management Software Purchasing Skills Forecasting Software Manufacturing Procurement 60

EMERGE App

OCTOBER 8, 2018

Generally, payment is made online for greater convenience, shipping is not charged and products are typically available for pickup within hours. Your business needs a multi-channel sales strategy as well as an inventory management system that can handle just about any sales channel thrown at it. Adaptation Is The Key To More Sales.

China 74

China Procurement Solutions Inventory Management Software Just-in-Time 74

CH Robinson Transportfolio

AUGUST 14, 2019

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Thus, going into 2019, with high inventories on imports, carriers have shown more discipline in controlling capacity than ever before. Higher inventories to avoid tariffs.

Forecasting 34

Forecasting Panama South Korea United States 34

Logility

DECEMBER 20, 2022

Then we saw a glut of inventory hit the shelves in late summer when those bottlenecks were addressed. A surplus of ships is likely 3. We expect shipping costs to drop in 2023 as we see a rush of new vessels next year. That could make container rates lower and cause shipping costs to drop. We’re advising clients to: .

Optimal Sourcing 130

Optimal Sourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 130

Supply Chain Matters

MARCH 5, 2024

However, the published index indicated expansion level was rather mild, and was missing PMI data from South Korea which experienced a slight PMI contraction. United Kingdom manufacturers additionally pointed to the ongoing Red Sea shipping crisis leading to added supply disruptions.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

Supply Chain Matters

FEBRUARY 5, 2024

Quicker declines in finished goods inventories and a softer reduction in pre-production stocks were noted. Renewed Expansion in South Korea The S&P Global South Korea Manufacturing PMI® was headlined with a reported renewed expansion in the country’s manufacturing sector at the start of 2024. increased 1.3

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Resilinc

JANUARY 23, 2024

If you look at the events over the last couple of months , it’s clear that even if South Korea and North Korea have a truce, it will always be a real and present danger. For example, when the conflict started to move outside of Gaza and into the Middle East, Yemen attacked ships in the Red Sea.

Supply Chain Risk Management 95

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Design Software 95

Logistics Viewpoints

JUNE 17, 2022

Truckers strike in Korea roils shipments from steel to autos. US House passes ocean shipping bill to allay export backlogs. Overstock is ready to take advantage of inventory glut. In case you haven’t heard, there is an inventory glut that is becoming problematic for some retailers.

Logistics Network Optimization Software 215

Logistics Network Optimization Software Logistics South Korea Purchasing Skills 215

Resilinc

JULY 20, 2021

Closer proximity—as compared to Asia—alone could reduce shipping times and inventory costs, as well as the greenhouse gas emissions from ocean and air freight, according to the three. That has dramatically increased the cash tied up in inventory,” said Rogers. Proximity = lower costs and lower carbon.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Inventory Reduction 62