Remove Shipping Remove Sourcing Remove South Korea
article thumbnail

This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

Walmart announced that it will pilot agriculture technology with crop supply intelligence company Agritaskto get real-time information on crops and improve sourcing decisions around produce. The USDA has estimated that 30 percent of food loss occurs during agricultural production and harvest.

article thumbnail

Samsung Electronics Reports Six Fold Quarterly Profit Increase- Striking Workers Return to Work

Supply Chain Matters

According to reporting from The Wall Street Journal , the ongoing AI driven demand cycle provided a tailwind for the supplier’s smartphone and consumer electronics business units, each of which began shipping products featuring advanced AI functions. Rival Apple reportedly shipped 45.2 million devices in the latest quarter.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Global Supply Chain Disruptions on the Rise

Supply Chain Matters

A further noteworthy trend pointed out was increased labor unrest occurring in countries like France , the Philippines, South Korea and Indonesia. East and Gulf Coast dockworkers and shipping operators have made little progress in labor contract renewal talks and the existing contract expires at the end of September.

article thumbnail

Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

article thumbnail

Upturn in Global Manufacturing in June- Cautionary Signs Prevail

Supply Chain Matters

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. Additionally noted was that companies were less optimistic regarding their 12-month outlook for production.

article thumbnail

Build Resilient Supply Chains That Weather Disruptions 

Logility

Manufacturers and shipping companies assumed that because of layoffs, demand would drop. This then led to … A shipping container shortage: Containers piled up across the world once they were emptied. Ports became overwhelmed: Orders outstripped available containers, which caused the cost of a shipping container to skyrocket.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Consultancy UK). Supply Chain Dive).