ivalua

MARCH 31, 2020

In the meantime, Hyundai’s supply-chain radar was able to quickly identify two South Korean wire harness makers who were looking for opportunities to increase production at their own factories in South Korea and elsewhere in Asia, to compensate for disruptions to the Chinese supply chain.

Supply Chain Design Software 130

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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. manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. United States The two followed indices of U.S.

Manufacturing Procurement 52

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Supply Chain Matters

NOVEMBER 23, 2022

Supply Chain Matters highlights an additional strategic sourcing announcement involving the future production of electric powered autos and vehicles in North America. South Korea based LG Chem announced this week a planned $3.2 Announcement. and other global regions. That further adds to fulfilling U.S.

Automotive 52

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Supply Chain Matters

JULY 21, 2022

Samsung already has a presence in the area in what is described as the largest fab facility outside of the company’s South Korea corporate headquarters. and Europe to actively consider tax incentives and other policy measures that would lead to more domestic sourcing of semiconductor production. has to do so as well.

South Korea 52

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Supply Chain Matters

MARCH 23, 2023

Latest Iteration Last week the Government of South Korea announced plans to foster the globe’s largest concentration of semiconductor supply network capabilities over the coming two decades. Added Thoughts Both South Korea and Japan are being positioned by evolving U.S, based capabilities.

South Korea 52

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Supply Chain Matters

APRIL 8, 2024

Paid subscription ) Citing informed sources, the report indicates that Samsung now plans to invest upwards of $44 billion in an advanced logic microprocessor fabrication complex just outside of Austin, Texas. Investment Regarding Nvidia , South Korea based SK Hynix announced last week plans to invest upwards of $3.9

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Supply Chain Matters

NOVEMBER 9, 2022

Citing sources familiar with plans, The Wall Street Journal report ( Paid subscription or metered view ) indicates that the semiconductor producer plans to announce in the coming months the building of a second cutting-edge plant north of Phoenix, Arizona , a presence that the chip maker originally committed to in 2020. has to do so as well.

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Supply Chain Matters

JANUARY 25, 2023

Earlier this month, Bloomberg , citing informed sources, reported that Tesla was close to a preliminary deal to establish a factory in Indonesia to leverage the regions’ supply of key metals utilized in battery production. His 2018 effort led to a Securities and Exchange Commission settlement and this consequent shareholder lawsuit.

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Supply Chain Matters

AUGUST 10, 2023

Bloomberg pointed to exports to markets including Australia , Brazil , Japan , Taiwan and South Korea declining by double-digit percentages as well. A further factor are ongoing efforts by manufacturers and retailers in initiating less reliance in termed China Plus materials and production sourcing alternatives.

China 52

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Supply Chain Matters

SEPTEMBER 3, 2022

South Korea has now become a concern as well as that regions manufacturing activity is now at a contraction level not seen since 2020. . . South Korea. Select Regional Highlights. United States. The reported August value of 47.6 represented a 2.2 percentage point from July’s reported value.

Manufacturing Procurement 59

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Arena Solutions

NOVEMBER 29, 2022

and France investing heavily in developing and procuring advanced UAM systems for commercial operations. Ann noted, “We can manage product complexity by providing one accurate source of product information for the entire product team, including your global supply chain.

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ToolsGroup

APRIL 1, 2022

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Image source: Financial Times. Over 90% of the United States’ semiconductor-grade neon is sourced from Ukraine. Image source: Bloomberg.

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Supply Chain Matters

AUGUST 11, 2023

South Korea recently announced plans to foster the globe’s largest concentration of semiconductor supply network capabilities over the coming two decades. One prominent area has been that of semiconductor design, fabrication, and assembly needed to support deemed strategic domestic industries and national defense needs.

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Savant Events

FEBRUARY 14, 2024

Australia, France, Switzerland, the USA (and individual states) and Mexico also have legislation in force, while the Netherlands, South Korea and New Zealand are among the countries with legislation either proposed or passed but yet to come into force.

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Resilinc

JULY 26, 2022

Samsung follower SamMobile.com reports that Samsung is boosting its use of domestic Korean sources for expandable components in semiconductor manufacturing. For supply chain managers charged with semiconductor procurement, this statement from TSMC CEO CC Wei may be of the more direct interest.

Manufacturing Procurement 62

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Supply Chain Matters

OCTOBER 4, 2022

South Korea. We continue to make mention of the S&P Global South Korea Manufacturing PMI® which continues to reflect a theme of a quickened downturn in the country’s manufacturing sector. The September PMI value fell deeper into contraction at a reported value of 47.3, slipping 0.3 percentage points from July’s value.

Manufacturing Procurement 52

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Supply Chain Matters

FEBRUARY 5, 2024

Financial Performance South Korea based key supplier of high tech and smartphone semiconductor and memory devices, Samsung Electronics, reported disappointing Q4 and 2023 full year financial performance results.

Electronics 52

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Supply Chain Matters

APRIL 28, 2022

This week the South Korea headquartered company reported quarterly financial results for the March 31 ending first quarter. Performance reportedly topped equity analyst expectations while posting a record consolidated revenue for the third consecutive quarter. All rights reserved. .

Electronics 52

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Supply Chain Matters

AUGUST 3, 2023

Further indicated were signs of weakness occurring in China , Japan , Malaysia, South Korea , Taiwan and Vietnam. Source: S&P Global and Other Sources. Report authors noted that sector data of new orders indicated that contraction occurred across consumer, intermediate and investment goods industries.

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Logistics Bureau

MARCH 19, 2020

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. In the future, businesses will diversify their supply chains and source locally so they are not as dependent on one procurement source as they are now.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

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. We view such an indicator as clear evidence that sourcing for lowest cost manufacturing is again apparent among multi-industry supply networks.

Manufacturing Procurement 59

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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 Procurement. And, according to some analysts, things could get worse—a whole lot worse!

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Supply Chain Game Changer

FEBRUARY 27, 2019

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. Source raw materials from reclamation centers where possible. Procurement departments must take the full burden of ensuring supplier consistency.

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Supply Chain Matters

AUGUST 2, 2022

Samsung Electronics reported an over 21 percent rise in quarterly revenues for the South Korea based company, but the numbers reportedly ended a streak of three consecutive quarters of record revenue growth. Two noted bellwethers of consumer electronics and high-tech supply networks are Samsung Electronics and Apple.

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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. A relatively new index is The Global Supply Chain Pressure Index (GSCPI) , developed by a group of researchers at the U.S. Federal Bank of New York.

Manufacturing Procurement 52

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Supply Chain Matters

MARCH 3, 2023

A follow-on report by Bloomberg indicated that deals were potentially in progress involving China based BYD , and South Korea based Hyundai Motors , in addition to Tesla. Reports cautioned that a deal had not been signed and could not come to pass.

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6 River Systems

SEPTEMBER 17, 2019

Strategies include sourcing more items directly from manufacturers to improve margins, SKU rationalization and space reduction, “show more carry less” and assisted-store ordering. About 40% of VF Corp’s production is sourced from the Americas, more than double the industry average. PST will ship the same day.

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Supply Chain Matters

FEBRUARY 5, 2024

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. The South Korea Customs Office indicated that export increases in memory chips and semiconductors have driven the rise in exports.

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

Supply Chain Matters

OCTOBER 3, 2024

Source: S&P Global Intelligence and compiled by The Ferrari Consulting and Research Group 2024 Select Regional and Country Highlights Eurozone Manufacturing Contraction Continues The HCOB Eurozone Manufacturing PMI® report for September was headlined with euro area manufacturing activity falling at its steepest pace thus far in 2024.

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Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

Supply Chain Matters

FEBRUARY 28, 2023

Ford and China based Contemporary Amperex Technology (CATX) have plans to build a domestic sourced battery production facility in Michigan. and the subsequent Biden Administration efforts to have legislation enacted to favor domestic sourcing of production as well as technology providers deemed favorable to U.S. This planned $3.5

Michigan 52

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CH Robinson Transportfolio

AUGUST 14, 2019

In fact, JOC.com sites many Southeast Asia countries—including India, South Korea, Taiwan, Thailand, and Indonesia—have significantly grown their imports into the United States, anywhere from 13-37% compared to last year. This shows importers are shifting their sourcing locations to countries other than China.

Forecasting 34

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Supply Chain Matters

OCTOBER 19, 2022

Supply Chain Matters has provided readers multiple commentaries focused on the shifting forces, both geo-political and industry generated, that are now providing short and longer-term impacts on the sourcing of semiconductor manufacturing and associated networks. sourced design technology for China ’s major chip designers and fabs.

Supply Chain Network Software 52

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Supply Chain Matters

AUGUST 9, 2022

Yet, this legislation is not unique from a global perspective in that many other countries and regions including China, Taiwan, South Korea, Japan the Eurozone , are already spending billions on such incentives. billion partnership to expand smartphone chip production in upstate New York.

Manufacturing Procurement 52

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Supply Chain Matters

MAY 23, 2023

In a previously published Supply Chain Matters commentary in February, we highlighted Ford’s plans to operate and manage a battery production plant in Michigan , with technology collaboration from South Korea based battery producer CATL who will license its intellectual properties for battery technologies to Ford. powered EV’s.

Material Savings 52

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Supply Chain Matters

MARCH 21, 2024

Noted in interviews with sources is a realization that facility construction costs are four to five times higher than what they would be Asia. sourced capability. All of the above is likely to be expected given that the U.S. So much so that the level of government subsidies is significant, in the hundreds of billions.

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EazyStock

APRIL 21, 2018

Labor costs are cheaper in China than in the US and result in many US companies sourcing goods from China. While this deal isn’t as sweet as the trade deals the US has worked out with other countries like Canada and Mexico, it still results in a great opportunity for cheap goods sourced from China.

China 61

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