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India and Taiwan are in talks to come together in an investment agreement that aims at bringing semiconductor chip manufacturing to South Asia along with tariff reductions on the components that are needed for its production. This deal is heard to be closed by the end of this year. From non-availability of latest phones and…
On 29th September 2021, the study results of a survey of over 1,000 US consumers found that 82% of Americans are concerned about how the disruptions in the global supply chain will impact their life plans, including birthdays, holidays, and the ability to purchase necessary supplies. The supply chain is poised to have a major…
According to BofA Global Research, supply chain pains that developed during the pandemic are predicted to worsen this year, possibly depleting inventories. As analysts wrote, the US is witnessing āfirst mile problemsā such as unloading containers and booking transport. This will ripple through US supply chains, with the worst likely coming in the final three…
Supply chain is a complex industry and no matter how much a company looks for solutions to simplify it, reduce errors, cut out the wastage, and streamline processes, complexity always plays a key role and causes disruption. Fortunately, new tools are developed to facilitate the supply chain changes and make the complexities more manageable. Supply…
Did you know that the Global Artificial Intelligence in the Logistics and Supply Chain Market Ecosystem was valued at USD 1.7 Billion in 2018 and is now expected to reach USD 12 Billion by 2027, growing at a CAGR of 24%? It’s true! AI is transforming global logistics and supply chain management. A lot of…
As reported by AlixPartners, a consulting firm, it was discovered that global automakers could lose $210 billion in revenue this year due to supply chain disruptions. A shortage of semiconductors is just part of the problem, it’s the high prices and tight supplies of commodities like steel and plastic resin that’s driving up the cost…
The common assumption that most of us make when it comes to talking about food supply chains is that end consumers are indifferent to the origin of the product as long as they get value for money. But that’s not exactly true. Customers expect traceability even if they are not always interested to know it….
Disruptions in supply chain is a common crisis for all organizations to be prepared for. Whether it’s natural disasters, human errors, political unrest, or climate change, all such activities leave an impact on supply chains and especially on procurements. Somehow, these issues seem to have been localized. So now, when faced with earthquakes in Japan,…
On 15th September 2021, Japanese hydrogen supplier Iwatani Corp along with 5 others said that they would study the feasibility of building a green liquefied hydrogen supply chain between Japan and Australia. This green hydrogen supply chain is heard to have the ability to produce 100 tonnes a day by around 2026. Talking about green…
As the supply chain industry continues to become more sophisticated with digitalization, data analytics is something that has equally been evolving into a powerful supply chain tool. It not only helps companies in achieving greater supply chain visibility, but also enables flexibility and resiliency. As for a fact, the challenges faced by most companies over…