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Tesla has overcome “supply chain hell” to report strong production figures through measures including greater efficiency and improved factory processes.
Asia is likely to grow rather than shrink in importance for international businesses despite the pandemic leading to talk of reshoring supply chains, according to McKinsey.
An international health emergency meant relentlessly navigating logistical pressures to deliver essential vaccines to the world’s most remote locations
Supply chain executives are using automation and increased coordination to overcome disruption.
South Korean truckers have gone on strike over high fuel prices and plans to end temporary measures put in place by the government to guarantee minimum wages and ensure safe driving.
Shanghai port is operating at 95.3% of normal capacity, easing fears of supply chain disruption as the city finally begins to lift its two-month lockdown
Supply chain companies are failing to retain vital workers due to a lack of career opportunities, low pay and a lack of benefits.
Russia’s war in Ukraine has “ torn apart the expectations of recovery in supply chains”, as experts warn shipping disruption will last “well into” 2023.
Three-quarters (73%) of UK firms are planning to raise prices as they face “intense pressure” from soaring energy bills, rising wages and raw material costs.
Supermarkets are working with suppliers to maintain supplies of cooking oil as the war in Ukraine threatens sunflower oil production.