The Chain Newsletter | May 12, 2022
The Chain Newsletter | May 12, 2022
Welcome to a new 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...
Tesla halts most production in Shanghai over supply problems — www.theguardian.com
Electric car plant has also been affected by intensifying Covid lockdowns in China. Tesla has halted most of its production at its Shanghai plant because of problems securing parts.
📰 Other News
Traffic disrupting supply chain; logistics cost highest in PHL — businessmirror.com.ph
PHILIPPINE logistics cost is highest among Asean neighbors, with traffic as one of the barriers to supply chain management, industry players said.
Chinese logistics group De Well eyes a Hong Kong IPO — theloadstar.com
The De Well Holdings aims to raise funds for business expansion. Citi and China International Capital Corporation are joint bookrunners, but no fundraising target was disclosed.
YCH Group and WorldBridge Group to collaborate on Phnom Penh Logistics Complex — www.businesstimes.com.sg
YCH has signed a MOU with Cambodia-based WorldBridge Group, to collaborate on developing a smart logistics infrastructure facility in Phnom Penh.
Vietnam Clothes Factories Struggle as China Lockdowns Hit Supplies — www.bloomberg.com Vietnam’s clothes and shoe factories are struggling to meet orders as supplies of Chinese material used to make everything from sneakers to pants are drying up amid China’s Covid-19 lockdowns.
Thai economy hit by China’s zero-Covid policy, import restrictions — asianews.network
NESDC Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
Place a sponsored post & reach 50,000+ of supply chain, logistics and procurement professionals in Asia. Click here to see our various packages.
🔍 Insights
Extended Supply Chains Are Going Away: What Comes Next? — www.industryweek.com
While champions of “bringing it back home” are understandably excited about the prospects of an American manufacturing renaissance, some challenges need to be addressed.
Read more relevant news and updates on the Supply Chain Asia blog.
📅 Upcoming Events
Supply Chain Virtual Meetup APAC | May 18 — pro.chain.net
Join us for any supply chain, procurement and logistics practitioners to effectively introduce themselves, exchange knowledge, share ideas, ask questions, and discuss current challenges.
Indirect Procurement Asia Summit | May 26 — pro.chain.net
Join hundreds of fellow procurement professionals from around Asia to explore a wide range of procurement enabling solutions in one place at one time from the comfort of your own desk.
For the full calendar of meetups, webinars, forums and summits, click here.
📺 Featured Video
🧰 Startups & Innovation
Two sisters create a startup that puts sustainability into global supply chains — news.microsoft.com
This sisters invited customers to go online and input a child’s name so that child could be made part of the story in a printed personalized copy.
Startups apply artificial intelligence to supply chain disruptions — www.reuters.com
Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food.
See the best logistics logistics startups in APAC at the LogTech50
📈 Chart/Image of the week
💼 Latest Positions
Group Manager - Supply Chain (Australia) | Glencore
The Group Manager - Supply is responsible for leading the Supply Chain department to service our operations in a cost-effective, timely manner with sound procurement, contract, warehousing and supply solutions. Click below link to apply.
Supply Chain Manager (Malaysia) | Flex
Flex is looking for Supply Chain Manager who will drives sourcing/pricing strategies in materials quotations, Develops and leads implementation of flexibility and supply assurance plans, and more. Click to know more.
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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