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The Chain Newsletter | March 2, 2022
Welcome to a new year issue of The Chain, an easy way to stay updated on supply chain, procurement and logistics news in Asia in one quick digest.
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🚨 Everyone's talking about...
Pandemic-era disruptions have upended distribution networks and exposed supply chain vulnerabilities.
📰 Other News
Some drivers living in districts without Covid-19 infections still banned from getting into Shenzhen.
Bain & Company has acquired ArcBlue, an Australian procurement consultancy with over 150 consultants across the Asia Pacific.
Indonesia is taking control of its mineral resources, incentivizing investment in processing facilities and shifting the international balance of economic.
Outlook for the supply chain brightens with Vietnam's factories set to stay open despite Omicron surge — www.businessinsider.com Vietnamese factories making everything from shoes to smartphones are expected to continue production despite record COVID-19 infections.
Myanmar's economy will remain critically weak for much of 2022 and will be "severely tested" by the impacts of a coup a year ago.
CJ Logistics strike in Seoul intensifies, with rally, siege and hunger strike threat - The Loadstar — theloadstar.com Your description for this link...
Global logistics giant Expeditors suffers cyberattack, shuts down operations systems — www.freightwaves.com Global logistics provider Expeditors International shut down most of its operations systems after a cyberattack, limiting the ability to book shipments.
Despite challenges posed by the COVID-19 pandemic, Vietnam remains an attractive location for manufacturers that seek relocation from China.
China's zero-Covid policy was 'prolonging global supply chain disruptions' because Beijing has continued to impose lockdowns.
An exodus of foreign firms from the country has severely impacted the economy, leaving an uncertain future for the supply chain and logistics sector.
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The report focus on the impacts of disruption, customer buying behaviour and the underlying megatrends on the design of supply chain and logistics networks.
Ransomware hackers are now going after supply chain companies — qz.com Two of the world's largest freight forwarders, Expeditors and Hellmann Worldwide Logistics, have suffered cyberattacks as hackers target supply chain companies.
It's not easy buying green: How to win at sustainable sourcing — www.mckinsey.com Sustainable materials like green steel and recycled plastic are getting scarcer. Here’s how leading companies are preparing for the squeeze.
Read more relevant news and updates on the Supply Chain Asia blog.
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📺 Featured Video
🧰 Startups & Innovation
AI-Driven Logistics Startup Fleetx.io Raises $19.4 Mn To Scale GTM Capabilities — inc42.com Fleet management startup Fleetx.io has raised $19.4 Million in Series B funding led by IndiaMART, with investors India Quotient and BEENEXT.
See the best logistics logistics startups in APAC at the LogTech50
📈 Chart/Image of the week
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That's all this week, I hope you enjoyed this week's issue of The Chain!
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