The Chain Newsletter | March 2, 2022
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.
As always, we welcome your comments - simply reply to this email with your suggestions. Also, please feel free to forward this email to your colleagues or ask them to register here. Enjoy the read this week!
🚨 Everyone's talking about...
Asia rethinks ‘just-in-time’ strategy as pandemic upends logistics industry — www.scmp.com
Pandemic-era disruptions have upended distribution networks and exposed supply chain vulnerabilities.
📰 Other News
Hong Kong cross-border truck drivers ‘confused’ by Guangdong rules changes on entry — www.scmp.com
Some drivers living in districts without Covid-19 infections still banned from getting into Shenzhen.
Bain & Company buys ArcBlue — www.consultancy.com.au
Bain & Company has acquired ArcBlue, an Australian procurement consultancy with over 150 consultants across the Asia Pacific.
Indonesia bans mineral exports to move up value chain — asiatimes.com
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 economy to remain 'severely tested' by coup fallout — www.reuters.com
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.
Vietnam gaining leverage in global supply chain — www.digitimes.com
Despite challenges posed by the COVID-19 pandemic, Vietnam remains an attractive location for manufacturers that seek relocation from China.
China 'is worsening global supply chain issues and inflation rises with its zero-Covid policy' — www.dailymail.co.uk
China's zero-Covid policy was 'prolonging global supply chain disruptions' because Beijing has continued to impose lockdowns.
Supply chain and logistics uncertainty endure in Myanmar, a year post-coup - The Loadstar — theloadstar.com
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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🔍 Insights
The Role of Asia Pacific in Global Supply Chains — www.cushmanwakefield.com
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.
📅 Upcoming Events
Procurement Asia, Mar. 3 — www.airmeet.com
This summit will explore what it takes to lead your organisation on its transformation journey and learn how to leverage the technology and infrastructure you already have in place to transform your procurement in APAC
Healthcare & Lifesciences Logistics Asia, Mar. 24 — www.airmeet.com
This virtual summit will explore the latest best practices, tactics and strategies in the field of healthcare, pharmaceutical and life sciences logistics excellence within the Asia-Pacific region.
For the full calendar of meetups, webinars, forums and summits, click here.
📺 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
💼 Latest Positions
Associate Director, Clinical Supply Chain Operations, (Shanghai) | Takeda Pharmaceutical
Responsible for developing best practices and leading indicators for successful planning and execution in China and the APAC region.
Associate Director, SD Supply Chain ESO (India) | Novartis
Define and execute technology delivery strategy for business systems, platforms, and processes of Supply Chain Logistics and cold chain monitoring portfolio.
View more interesting supply chain positions on our Job Board.
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🤝 Last but not least
Join Chain.NET Pro online community — pro.chain.net
Chain.NET is Asia’s largest social network for professionals in supply chain, procurement, logistics & operations management.
That's all this week, I hope you enjoyed this week's issue of The Chain!
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