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Supply chain shockwaves from the Taiwan earthquake

Resilinc

magnitude earthquake in Taiwan, as well as current port closures and supply chain challenges. magnitude earthquake struck Taiwan. The quake was the biggest earthquake to hit Taiwan in 25 years. Following the earthquake, tsunami warnings were sent out in Taiwan, Japan, and The Philippines, but have since been lifted.

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Today’s Major Earthquake Impacting Taiwan- Initial Implications

Supply Chain Matters

In this special Supply Chain Matters supply network risk advisory, we highlight the initial implications of today’s major earthquake that has impacted the island of Taiwan. magnitude earthquake that has impacted Taiwan. Today, such a scenario has again occurred, given the ongoing reports of a 7.4 All rights reserved.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

While it may seem smart to simplify procurement and lower costs, single sourcing can actually expose businesses to risks that can jeopardize their operations and bottom line. Single sourcing and sole sourcing are two different procurement strategies in supply chain management. If something were to happen in Taiwan—like the recent 7.4

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July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

The bottom three were listed as Poland , Taiwan and Myanmar. . The July S&P Global Taiwan Manufacturing PMI® was especially concerning, with indications of the sharpest falls in output and new orders in over two years. The top three regions exhibiting PMI growth were that of India, Australia and the Netherlands. United States.

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Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

Various industry supply chain and procurement management teams are obviously going to have to differentiate as to two different narratives presented in these separate reports. Average input costs were reportedly rising in June driven by rising raw material and transportation costs. The recent 52.3 reading was up from the 50.9

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Restructuring Global Value Chains & Tariff Reduction – A Continuous Evolution for Supply Chains

The Logistics & Supply Chain Management Society

Although this does not help to avoid tariffs for the components of your product, companies may benefit from decreasing transportation costs as they move final transportation closer to their customers. Southeast Asian countries, Taiwan and India have become alternative manufacturing locales or sources of supply.

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August 2022 Global Manufacturing Indices- Declining Momentum Accelerating

Supply Chain Matters

The bottom three were listed as Poland , Taiwan and Myanmar. From our lens, Taiwan remains the continued shocker, experiencing a third consecutive monthly decline and noted as equivalent to levels seen in May 2020 during the initial Covid-19 outbreak. The August index again declined to a contraction value 42.7 Bob Ferrari.