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Global Supply Chain Management: Page 119

Diversifying Beyond China: An Imperative for Global Supply Chain Resilience

With supply chains facing increasing complexities and risks, a “China Plus One” sourcing strategy has emerged as crucial for businesses operating on a worldwide scale.

China Flag Leaving China Fading I Stock Selamiozalp 1488687623

Trade Strains Boost Cargo Rates at Pace Recalling Covid ‘Chaos’

Some of the catalysts for the monthlong advance in seaborne freight rates stem more from worry than optimism.

A container ship at the Port of Felixstowe, U.K. Photographer: Chris Ratcliffe/Bloomberg

Child Labor Used to Pick Flowers for Famous Perfume Brands

Filming secretly at night in Egypt, BBC journalists found at least four different locations where jasmine was being picked by children younger than 15 years old.

Photo: Lyalya Go, iStock

Chinese EV Companies Look to Sidestep New U.S. Import Levies

Between April and May, Container xChange customers in China are also reporting an 88% increase in average container prices.

Photo: iStock

China Hints at 25% Car Tariff as Deadline for EU Probe Looms

The EU must inform Chinese exporters whether it intends to impose tariffs by early June, and they could go into effect a month later.

Employees fit a bumper to a Volkswagen AG VW ID.3 car on the assembly line at the Volkswagen Sachsen GmbH plant in Zwickau, Germany, on Wednesday, May 24, 2023. Auto sales in Europe rose in April for a ninth month as supply chains improved and carmakers worked through backlogs of orders. Photographer: Krisztian Bocsi/Bloomberg

Report: As E-Commerce Surges, Merchants Need to Fortify Supply Chains

Over the last year, 73% or merchants saw impacts to their businesses from international shipping problems such as delays, damaged products or theft.

Photo: nndanko, iStock

How to Expand Margin and Reduce Supply Chain Cost with Digital Manufacturing

Supply chain leaders are under more pressure than ever to lower costs, expand margins, and balance growth and profitability — all while facing skilled labor shortages and rising materials and logistics costs.

Container Service at Port of Portland Saved Following Threat of Shutdown

Ending container service at the Port of Portland would have made Oregon the only coastal state in the U.S. without a container terminal.

Photo: Port of Portland

Nearshoring on the Rise: Navigating the Shift in EU Sourcing Trends

A shift to shorter supply chains not only helps manage the unpredictability of costs, but also strengthens supply chain resilience by reducing dependency on distant suppliers.

Photo: iStock.com/DINphotogallery

Post-Brexit Border Controls Could Cost U.K. Nearly $6B

That figure would cover the cost of 13 border-related programs to deal with physical checks on plant and animal imports and safety and security declarations.

Photo: narvikk, iStock

Red Sea Disruption Is Splitting Global LNG Trade in Regions

The Red Sea and Suez Canal previously accounted for about a tenth of global seaborne trade, and provided Qatar with the shortest route to Europe.

Photo: Bloomberg

Red Sea Crisis Could Bring Early Start to Peak Shipping Season

According to data from the National Retail Federation, monthly U.S. ocean imports are expected to crest the two million TEU mark by the end of May.

Suez Canal. Photo: iStock.com/IgorSPb

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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