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

Electronics Modeling Supply Chain Planning Software Agile and Lean Supply Chain 52

ToolsGroup

APRIL 1, 2022

Increased Shipping Costs, Delays, and Transportation Issues. 81% of semiconductor contract manufacturing was based in Taiwan or South Korea in 2020 ( Deloitte Global ), but The United States passed a $52 billion dollar Chips for America Act in an effort to bring the manufacturing of microchips back to the United States.

Material Savings 207

Material Savings Purchasing Skills Supply Chain Planning Software Manufacturing Procurement 207

Logistics Bureau

MARCH 19, 2020

Almost 75 percent of US companies are experiencing capacity shortfalls in their supply chains, due to Coronavirus-linked transport disruptions , a new study has shown. 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.

Pharmaceutical 52

Pharmaceutical Supply Chain Strategy Manufacturing Procurement Supply Chain 52

Supply Chain Matters

MARCH 3, 2022

Global wide production, transportation and logistics activity levels reported for February, but continued rather concerning data related to global transportation service levels and cost. Global and Domestic Transportation and Logistics Indices. Federal Bank of New York. Bob Ferrari. All rights reserved.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Supply Chain Optimization Global 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. Morgan Global Manufacturing PMI® was headlined with back-to-back expansion levels in February.

Manufacturing Procurement 59

Manufacturing Procurement Global United Kingdom Purchasing Skills 59

Supply Chain Matters

MARCH 7, 2023

The alternative supply chain or “ Altasian” is defined as countries consisting of Japan, South Korea, Taiwan, India, the Philippines , Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia and Bangladesh.

Sourcing Strategies 52

Sourcing Strategies Manufacturing Procurement China Sourcing 52

Supply Chain Matters

JULY 25, 2022

Prior long-standing assumptions that mature, foreign based supply networks, low-cost labor and predictable global transportation and logistics costs would remain constant were also blown-up by a series of industry dynamics. Perhaps the more far-reaching aspect of rethinking supply networks has been put forth by U.S.

Sourcing Strategies 59

Sourcing Strategies Manufacturing Procurement Material Savings Predictive Analytics Software 59

Supply Chain Game Changer

FEBRUARY 27, 2019

Risk management strategies of yesteryear are ineffective in the changing landscape, and no type of transport can avoid risks. 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. Transport Loss.

Supply Chain Planning Software 57

Supply Chain Planning Software Resource Reduction Price Reduction Waste Reduction 57

Supply Chain Matters

AUGUST 3, 2023

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

Manufacturing Procurement 52

Manufacturing Procurement Global Taiwan Optimal Sourcing 52

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.

Supply Chain Planning 52

Supply Chain Planning Scenario Planning Nevada Texas 52

Supply Chain Matters

FEBRUARY 5, 2024

Further reported was that supplier delivery performance levels deteriorated for the first time attributed to trucking and transportation delays. 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.

Manufacturing Procurement 52

Manufacturing Procurement South Korea Manufacturing Global 52

6 River Systems

SEPTEMBER 17, 2019

In 2018, iHerb opened its first international 3PL distribution center in South Korea, the first in the country since its laws changed to allow foreign ecommerce companies. The organizations’ fulfillment networks in the U.S. PST will ship the same day.

Supply Chain Design Software 45

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

Supply Chain Matters

OCTOBER 3, 2024

manufacturing and procurement activity levels, namely the ISM Report on Business Manufacturing PMI , and the S&P Global U.S. The S&P Global South Korea Manufacturing PMI® fell from 51.9 Ocean transportation disruptions, added spot rates and surcharges are already occurring, impacting overall business budgets.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Manufacturing Global 52

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. Procure enough capacity. And, total imports on trade were up 1.4% during this period.

Forecasting 34

Forecasting Panama South Korea United States 34

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.

Manufacturing Procurement 52

Manufacturing Procurement Taiwan Supply Chain Design Software Sourcing Strategies 52

Resilinc

JULY 20, 2021

In the decades since, Linton and his teams at IBM, LG, Flex and other companies have driven billions in annual procurement to China and other Asian countries, helping to create the Asia-centric manufacturing supply chains of today. Now, Linton believes those supply chains must change. There’s already some of that in Puerto Rico and Brazil.”.

Manufacturing Procurement 62

Manufacturing Procurement Manufacturing Puerto Rico Mexico 62

NC State SCRC

APRIL 22, 2017

He began by discussing how Free Trade Agreements, along with labor costs and transportation rates, are among the three most critical elements to factor in when analyzing global supply chain decisions. This is a development that we all need to be more aware of.

Price Reduction 0

Price Reduction Cost Reduction Strategies Resource Reduction Inventory Reduction 0

EazyStock

APRIL 21, 2018

The US then granted exemptions to EU countries, South Korea – basically every country except China – on the steel and aluminum tariffs; this made it clear that the US was targeting China. Then China pushed back, with tariffs on 128 American products (including wine, pork, and pipes) in retaliation. So what can I do?

China 61

China Negotiating Skills Manufacturing Procurement Price Reduction 61