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The Chain Newsletter | May 26, 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.
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🚨 Everyone's talking about...
While "supply-chain disruption" is emerging once more as the most repeated phrase of corporate earnings season, the impact goes beyond multinationals' profits.
📰 Other News
Warehouse Automation in India gets smarter, faster and sustainable — www.itln.in In this report, we spoke to industry professionals to get their thoughts on completely automated warehouses and what the future holds.
Apple is Potentially Expanding Its Manufacturing to Vietnam — www.techtimes.com Apple could be expanding its efforts more in Vietnam after its CEO met with the country's Prime Minister.
Kerry Logistics rolls out Hong Kong’s first electric trucks in bid to achieve zero carbon emissions in 10 year — www.scmp.com Firm director William Ma says e-trucks have hit the road in ‘trial run’ and currently transporting high-end fashion goods.
A number of Indian startups have taken to delivering anything from food to fashion, pushing the fast-delivery sector beyond just groceries.
Hong Kong-listed ESR sold its stake in China Logistics Property Holdings for a net gain of $134 million.
Taiwan FamilyMart broke ground for a new multi-temperature logistics center in Hualien County’s Jian Township (吉安), which is expected to begin operations next year.
China's Covid containment measures have influenced Thailand's supply chain security and could cast a shadow on local manufacturers' decisions in the medium term.
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From the outbreak of Covid-19 to the war in Ukraine and China’s recent lockdowns, a string of extraordinary events has upended the system that ensures the smooth movement of goods across the world.
Supply chain or third-party attacks leverage weaknesses within software components and delivery pipelines to exploit and compromise cloud-based applications.
Read more relevant news and updates on the Supply Chain Asia blog.
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📺 Featured Video
🧰 Startups & Innovation
The industry as a whole are being transformed by emerging technologies and tech startups.
Hong Kong-based Spaceship, has raised an undisclosed amount in a pre-series A round from investors including, Paragon Investment, 500 Global, and SparkLabs Taipei.
Shares of Delhivery rose as much as 7.6% in their market debut on Tuesday, giving the company a valuation of 379.60 billion rupees ($4.89 billion).
Celcius raised $4.5 million from Mumbai Angels, Supply Chain Labs, Endurance Capital, VCats, Keiretsu Forum, Huddle and EVAN in its latest funding round.
NextBillion.ai raises $21M in Series B round led by Mirae Asset Capital — yourstory.com SaaS startup NextBillion.ai said the funding will be utilised to accelerate operations globally and expand into North America and Europe.
See the best logistics logistics startups in APAC at the LogTech50
📈 Chart/Image of the week
💼 Latest Positions
Supply Chain Digital Transformation Technology Lead, MedTech Asia Pacific in Multiple Locations (Asia) | Johnson & Johnson Johnson & Johnson is hiring a Supply Chain Digital Transformation Technology Lead, MedTech Asia Pacific in Multiple Locations. Review all of the job details and apply today!
L'Oréal is looking for a Service Delivery Manager ASEAN/ANZ Hub-IT Finance & Supply Chain. Click on below link to learn more about this opportunity!
View more interesting supply chain positions on our Job Board.
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🤝 Last but not least
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That's all this week, I hope you enjoyed this week's issue of The Chain!
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