The Chain | October 16, 2024
Stay up-to-date on supply chain trends in the Asia-Pacific region.
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...
South-east Asia’s supply chain bonanza from US-China trade war may be ending: World Bank
The World Bank explained that South-east Asian countries may be limited to playing a one-way connector role as more stringent rules of origin on imports and export restrictions are imposed, and spillover benefits from China's growth are diminishing.
📰 Other News
Singapore To Build Second Airport Logistics Park
Singapore will develop a second logistics park at Changi Airport to increase the capacity of the existing facility and strengthen the country's position as a regional air cargo hub. The new park will also be a free trade zone.
Navigating turbulence in logistics and supply chains
The logistics and supply chain sector in Vietnam faces daunting challenges in 2024, but the long term potential for transformative growth and development is also present.
Vietnam needs to diversify supply chains for sustainable growth: economists
The diversification of global supply chains is creating significant opportunities for Vietnam to engage more deeply in international production networks. However, along with market expansion prospects, there are challenges posed by trade tensions.
Intersection of supply chain management and technology
The complexity of information handling and the strict bureaucratic work structure of supply chain management result in inefficiencies, which pose a challenge to efforts to cut logistics costs in Indonesia.
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🔍 Insights
A Supply Chain Paradox: Risk Reduction Investment versus Risk Awareness
As supply chains become increasingly complex and interdependent, the inherent propensity for risks increases. Yet, few businesses are taking concrete investment steps to reduce risk.
Read more relevant news and updates on the SupplyChains Magazine.
📅 Upcoming Events
Winning the War for Talent: Cultivating Future Leaders in Supply Chain Management | October 17
Join us for an in-depth discussion on winning strategies to cultivate future leaders who will drive your supply chain to success.
Register now at http://gscc.events/wft
Balancing Act: Mastering Returns Management to Enhance Customer Experience and Optimize Costs | October 24
Join this exclusive roundtable where supply chain leaders will explore strategies to balance top-tier customer service with cost-effective returns processes.
Register now at https://gscc.events/bamr
Ask Me Anything (AMA) with Sandeep Sharma | October 31
Don't miss this chance to learn from a veteran of global supply chain management and gain actionable insights that can help your organization thrive in the competitive retail sector.
Register now at https://gscc.events/amass
For the full calendar of meetups, webinars, forums and summits, click here.
📺 Featured Video
🎤 Supply Chain DeepDive
Navigating the GenAI Revolution: Insights from BCG
Join Michael Jung and Jess Williams on the latest episode as they delve into the transformative power of Generative AI (GenAI) in supply chain management, based on insights from the BCG Executive Perspective report.
The Future of Procurement: Sourcing Smarter with Data
In this insightful episode, hosts Michael Jung and Jess Williams dive into McKinsey & Company’s comprehensive report titled 'Where Procurement is Going Next.
🚨 List
Top 10 Sustainability Software Startups in Asia
Sustainability tracking, reporting, and ESG considerations have become imperative for modern supply chain professionals. Here are the top startups focused on ESG and sustainability software technology.
📈 Chart/Image of the week
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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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